Exby fails to provide ownership or executive information on its website.

Exby’s website domain (“exby.io”), was registered in September 2022. The private registration was last updated on September 15th, 2023.

Exby’s social media profiles were created around the same time. This means September 15th is on or around the time Exby’s owners took possession of the domain.

Despite only existing for a few months, Exby’s website falsely backdates the company’s foundation to January 2022.

Over on Exby’s official Youtube channel, we find marketing videos featuring fake executives:

Exby’s “Darius Dimitropoulos” is represented by a robo-dubbed AI avatar. Although not always, this is typical of non-native English speaking admins.

As of November 2023, SimilarWeb tracked ~490,000 monthly visits to Exby’s website.

The majority of Exby’s website traffic originates from Russia (15%), Belgium (10%), Indonesia (10%) and the US (6%).

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Exby’s Products

Exby as no retailable products or services.

Affiliates are only able to market Exby affiliate membership itself.

Exby’s Compensation Plan

Exby affiliates sign up and invest cryptocurrency. This is done on the promise of passive returns, purportedly generated via “auto trading”.

Regular Exby affiliates earn an undisclosed daily return rate. They are also charged a 1% withdrawal fee.

Exby affiliates who pay $200 a month (down to $160 a month if paid annually), receive higher returns and are only charged a 0.5% withdrawal fee.

Exby pays a ROI match via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Exby caps the ROI match at five unilevel team levels:

  • level 1 (personally recruited affiliates) – 10%
  • level 2 – 2%
  • level 3 – 1%
  • levels 4 and 5 – 0.5%

Joining Exby

Exby affiliate membership is either free or $160 to $200 a month.

Paid Exby affiliates receive higher returns and a lower withdrawal fee rate.

Exby solicits investment in various cryptocurrencies.

Exby Conclusion

Exby represents it generates external revenue via an automated trading bot.

Let our trading algorithm do the work of generating profits for you through our automated trading function. Relax while our algorithm identifies arbitrage opportunities and executes trades on your behalf, helping you maximize your returns.

No evidence of Exby using external revenue of any kind to pay withdrawals is provided.

On the regulatory front, Exby offering passive returns constitutes a securities offering.

This requires Exby to register with financial regulators. Namely the Central Bank of Russia, as Russia appears to be Exby’s largest source of investors.

Exby fails to provide evidence it has registered with the Central Bank of Russia or any other financial regulator.

This means that at a minimum Exby is committing securities fraud and operating illegally.

As it stands the only verifiable source of revenue entering Exby is new investment.

Using new investment to pay affiliate withdrawals would make Exby a Ponzi scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Exby of ROI revenue, eventually prompting a collapse.


Update 19th March 2024 –¬†Exby has collapsed. As at the time of this update Exby’s website is no longer accessible.