MLM Reviews @ BehindMLM

UbitEx was an MLM crypto Ponzi scheme that launched in mid 2024. The scam was headed up by CEO “Alex Sandro”, an underwear model believed to be living in Indonesia. UbitEx affiliates invested cryptocurrency into UB. Through a “staking” Ponzi model, UbitEX recycled invested funds to pay returns. UbitEx collapsed in late 2024. On December [Continue reading…]

The Super Matrix fails to provide ownership or executive information on its website. The Super Matrix’s website domain (“thesupermatrix.com”), was privately registered on January 4th, 2025. 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.

Quantitative Trading fails to provide ownership or executive information on its website. Quantitative Trading’s website domain (“198hh.com”), was registered with bogus details on February 15th, 2025. 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.

SourceLess operates in the MLM cryptocurrency niche. A US address provided on SourceLess’ website belongs to Harvard Business Services, Inc. Harvard Business Services, Inc. sells Delaware company formation and mail forwarding services. Heading up SourceLess is founder and CEO Alexandru Stratulat. Alexandru is based out of Romania and, prior to SourceLess, founded Ccoin. Ccoin was [Continue reading…]

Coinbase Quantitative has no website, it operates through a Telegram bot “@CoinbaseQuantitative_bot” 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.

Satoshi Square Table operates in the MLM cryptocurrency niche. Satoshi Stable’s website domain (“satoshistable.com”), was privately registered on December 6th, 2024. Serial fraudster Sam Lee is cited as Satoshi Square Table’s CEO. Xue Samuel Lee is a wanted fugitive hiding in Dubai. With partner-in-crime Ryan Xu, Lee launched HyperCash, HyperCapital, HyperFund and Hyperverse – all Ponzi schemes in which [Continue reading…]

Treasure NFT fails to provide ownership or executive information on its website. Treasure NFT’s website domain (“treasurenft.xyz”), was registered in July 2022. The private registration was last updated on June 28th, 2024. If we look through Treasure NFT’s website source-code, we find references to Meiqia. Meiqia is a Chinese software company based out of Beijing. [Continue reading…]

BizNet College operates in the cryptocurrency MLM niche. Bob Wood (aka Robert Wood) is cited as CEO on BizNet College’s website. Wood (right) first appeared on BehindMLM’s radar as the President of CloudZow in 2012. In 2013 Wood reappeared as Chief Technical Officer of Zazzed. In 2015 Wood transitioned to cryptocurrency as CEO of Global [Continue reading…]

CTK Shop fails to provide ownership or executive information on its webstie. CTK Shop operates from two known website domains: ctkshop.co – registered with bogus details on October 31st, 2024 ctkshops.vip – registered with bogus details on January 9th, 2024 If we look at the source-code of CTK Shop’s websites we find Chinese: This suggests [Continue reading…]

City 2000 fails to provide ownership or executive information on its website. City 2000’s website domain (“app.city2000.cc”), was registered with bogus details on August 12th, 2024. Of note is City 2000’s website domain being registered through the Chinese registrar Alibaba (Singapore). City 2000 has already attracted the attention of financial regulators. The Central Bank of [Continue reading…]