Prime Ten Review: Multi-ruse MLM crypto Ponzi
Prime Ten fails to provide ownership or executive information on its website.
Prime Ten’s website domain (“primeten.co”), was privately registered on March 10th, 2025.
In an attempt to appear legitimate, Prime Ten represents it has an MSB license for “PrimeTen LLC” through FinCen:
PrimeTen LLC appears to be a New Mexico shell company.
In addition to not being a financial regulator, anyone can register a shell company with FinCen to get an MSB certificate.
To that end FinCen states on every MSB certificate issued;
FinCEN does not recommend, approve, or endorse any business that registers as a money services business.
Any such claim and similar claims are false and may be part of a scam or attempt to deceive consumers.
In addition to New Mexico, Prime Ten also provides a New Zealand shell company registration for “PrimeTen Limited”:
Due to the ease with which scammers are able to register shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
To that end New Zealand’s Financial Markets Authority issued a Prime Ten securities fraud warning on July 28th, 2025.
We recommend extreme caution when dealing with Prime Ten and its website primeten.co. We are concerned that Prime Ten is operating a scam and targeting overseas investors.
Prime Ten is not registered or licensed in New Zealand to provide financial services or financial products.
While Prime Ten claims to be operating from New Zealand, its website cannot be accessed from New Zealand IP addresses.
This is a red flag and indicates that a deliberate block has been put on its website, to avoid detection by New Zealand authorities.
We understand that individuals may receive a message from a “Jessica Meir” on Telegram inviting them to invest in an upcoming “crypto project” with a company that is in pre-launch. They are then asked by Jessica to move the conversation to WhatsApp where more information is provided.
Be extremely cautious about any unexpected texts or messages about investment opportunities. They are usually a scam.
If you receive messages like this, do not respond and block the sender.
It’s noted that at time of publication Prime Ten has deleted both its website linked Telegram username and YouTube channel.
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.
Prime Ten’s Products
Prime Ten has no retailable products or services.
Promoters are only able to market Prime Ten promoter membership itself.
Prime Ten’s Compensation Plan
Prime Ten promoters invest USD equivalents in cryptocurrency.
This is done on the promise of advertised passive returns:
- Prime Starter – invest $10 to $99 and receive 0.75% a day for 200 days
- Prime Growth – invest $100 to $499 and receive 1% for 180 days
- Prime Advantage – invest $500 to $4999 and receive 1.5% a day for 160 days
- Prime Horizon – invest $5000 to $24,999 and receive 2% a day for 150 days
- Prime Prestige – invest $25,000 to $99,999 and receive 3% a day for 150 days
- Prime Pinnacle – invest $100,000 or more and receive 5% a day for 150 days
The MLM side of Prime Ten pays on recruitment of promoter investors.
Prime Ten Promoter Ranks
There are six promoter ranks within Prime Ten’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Prime Apprentice – sign up as a Prime Ten promoter and generate $2000 in downline investment volume
- Prime Pioneer – generate $10,000 in downline investment volume
- Prime Builder – generate $20,000 in downline investment volume
- Prime Visionary – generate $50,000 in downline investment volume
- Prime Elite – generate $100,000 in downline investment volume
- Prime Ambassador – generate $200,000 in downline investment volume
Note that required downline investment volume must be split 50% on each side of the binary team. See “Residual Commissions” below for binary team information.
Referral Commissions
Prime Ten pays a referral commission on cryptocurrency invested by personally recruited promoters.
Referral commission rates are determined by how much a Prime Ten promoter has invested:
- Prime Starter tier promoters receive a 7% referral commission rate
- Prime Growth tier promoters receive an 8% referral commission rate
- Prime Advantage tier promoters receive an 9% referral commission rate
- Prime Horizon tier promoters receive an 10% referral commission rate
- Prime Prestige tier promoters receive an 12% referral commission rate
- Prime Pinnacle tier promoters receive an 15% referral commission rate
Referral Bonus
Prime Ten rewards promoters who recruit a certain number of promoter investors with a referral bonus:
- recruit five promoter investors and receive a 1% bonus on the amounts invested
- recruit ten promoter investors and receive a 2% bonus on the amounts invested
- recruit twenty-five promoter investors and receive a 3% bonus on the amounts invested
- recruit fifty promoter investors and receive a 4% bonus on the amounts invested
- recruit seventy-five promoter investors and receive a 5% bonus on the amounts invested
- recruit one hundred promoter investors and receive a 6% bonus on the amounts invested
- recruit one hundred and fifty promoter investors and receive an 8% bonus on the amounts invested
- recruit two hundred promoter investors and receive a 10% bonus on the amounts invested
- recruit two hundred and fifty promoter investors and receive a 12% bonus on the amounts invested
- recruit over two hundred and fifty promoter investors and receive a 15% bonus on the amounts invested
Residual Commissions
Prime Ten pays residual commissions via a binary compensation structure.
A binary compensation structure places a promoter at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of promoters. Note there is no limit to how deep a binary team can grow.
At the end of each day Prime Ten tallies up new investment volume on both sides of the binary team.
Residual commissions are paid as 10% of new investment volume on the weaker binary team side.
Note that Prime Ten caps daily residual commissions based on how much a promoter has invested:
- Prime Starter tier promoters can earn up to $1500 a day
- Prime Growth tier promoters can earn up to $2000 a day
- Prime Advantage tier promoters can earn up to $2500 a day
- Prime Horizon tier promoters can earn up to $3000 a day
- Prime Prestige tier promoters can earn up to $4000 a day
- Prime Pinnacle tier promoters can earn up to $5000 a day
Rank Achievement Bonus
Prime Ten rewards promoters for qualifying at Prime Apprentice and higher with the following one-time Rank Achievement Bonuses:
- qualify at Prime Apprentice and receive $50
- qualify at Prime Pioneer and receive $100
- qualify at Prime Builder and receive $500
- qualify at Prime Visionary and receive $2500
- qualify at Prime Elite and receive $5000
- qualify at Prime Ambassador and receive $10,000
Joining Prime Ten
Prime Ten promoter membership is free.
Full participation in the attached income opportunity requires a minimum $10 investment.
Prime Ten solicits investment in various cryptocurrencies.
Prime Ten Conclusion
Prime Ten trots out a mishmash of typical external revenue ruses:
No verifiable evidence of Prime Ten generating external revenue of any kind is provided.
Furthermore Prime Ten’s business model fails the Ponzi logic test.
If Prime Ten is already legitimately generating 5% a day on a consistent basis, what does it need your money for?
As it stands the only verifiable source of revenue entering Prime Ten is new investment.
Using new investment to pay ROI withdrawals would make Prime Ten a Ponzi scheme.
As with all MLM Ponzi schemes, once promoter recruitment dries up so too will new investment.
This will starve Prime Ten of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Hat tip to Danny de Hek for the heads up on this one – dehek.com/general/ponzi-scheme-scamalerts/primeten-exposed-new-zealands-latest-crypto-scam-masquerading-as-an-investment-platform/
Thanks for covering this one Oz — appreciate the shoutout at the end too.
I reported PrimeTen to the NZ FMA and the Companies Office the same day I discovered it. The Companies Office actually rang me the next day, and I told them straight up: the company is fake.
They list “1 Victoria Street, Wellington” — a high-rise building — but no floor, no office, no trace of any real operation. The listed director doesn’t exist, and it honestly looks like a toddler signed the registration documents.
I asked, “Can anyone just register a New Zealand company for $150 and pretend to be legit?” Apparently, yes — and their first step is to send a letter… to the fake address.
I offered to help them find the director’s digital footprint. Nothing. The listed phone number? Doesn’t work. Everything redirects to WhatsApp.
Meanwhile, PrimeTen blocks their entire website to NZ IPs — a deliberate move — while continuing to operate their Telegram group and pitch themselves globally as a New Zealand registered company.
It took nearly two months for the FMA to issue a warning while victims were still being recruited using our national brand as a smokescreen.
If regulators don’t adapt, scammers will keep outpacing them. The system’s stuck in the 1960s — and victims are paying the price.