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

Smarts initially launched in early 2025 on the domain “smarts.money”, privately registered on January 18th, 2025.

The first iteration of Smarts collapsed in late 2025 and was rebooted on the domain “xmev.io”, privately registered on October 9th, 2025.

The second iteration of Smarts lasted just over a month. Smarts was rebooted for a third time on the domain “xmev.ai”, privately registered on November 26th, 2025.

In offsite marketing, Smarts cites “Prakash Mehra” as its founder.

Born in India, educated in the UK, and now based in Taiwan while traveling the world, Prakash Mehra brings a truly global perspective to blockchain innovation.

As the founder of SMARTS, he has transformed vision into reality—building a decentralized platform powered by cutting-edge technology.

Mehra doesn’t exist outside of a purchased Twitter profile and Smarts marketing videos. The actor playing Mehra has a thick Indian accent.

As to who’s actually running Smarts, if we look at its website source-code we find Chinese:

Smarts’ official FaceBook page is being operated from Malaysia:

It appears Smarts is being run by Chinese scammers operating out of Malaysia.

As of April 2026, SimilarWeb was tracking ~21,200 monthly Smarts website visits.

Over the same period the majority of Smarts website traffic originated from Sweden (59%), Norway (30%) and Korea (8%).

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.

Smarts’ Products

Smarts has no retailable products or services.

Promoters are only able to market Smarts promoter membership itself.

Smarts’ Compensation Plan

Smarts promoters invest tether (USDT). This is done on the promise of a daily passive return:

  • invest 20 to 100 USDT and receive a passive return for 1 day (50% fee)
  • invest 20 to 300 USDT and receive a passive return for 7 days (45% fee)
  • invest 20 to 100 USDT and receive a passive return for 30 days (35% fee)
  • invest 100 USDT or more and receive a passive return for 100 days (20% fee)
  • invest 100 USDT or more and receive a passive return for 180 days (10% fee)

Smarts doesn’t specify ROI rates, they appear to be made up daily.

The MLM side of Smarts pays on recruitment of promoter investors.

Smarts pays referral commissions on invested USDT via a unilevel compensation structure.

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

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

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

Smarts caps payable unilevel team levels at twenty. Referral commissions are paid as a percentage of USDT invested across these twenty levels as follows:

  • level 1 (personally recruited promoters) – 10%
  • levels 2 to 20 – 5%

Note referral commission levels are locked behind investment and downline investment requirements:

  • to unlock level 1 commissions, personally invest 100 USDT and generate 1000 USDT in personally recruited downline investment
  • to unlock level 2 commissions, personally invest 200 USDT and generate 2000 USDT in personally recruited downline investment
  • …
  • to unlock level 20 commissions, personally invest 2000 USDT and generate 20,000 USDT in personally recruited downline investment

I’ve saved some space above but each new level requires another 100 USDT in personal investment and 1000 USDT in personally recruited downline investment.

Joining Smarts

Smarts promoter membership is free.

Full participation in the attached income opportunity requires a minimum 20 USDT investment.

Smarts Conclusion

Smarts represents it generates external revenue via a MEV trading bot.

By leveraging our unique position as observers of smart money behavior, we developed the SMARTS MEV Bot—an automated system designed to capture value at the transaction layer, extracting profit directly from the high-frequency volatility of crypto.

Connect Your Wallet Securely link your wallet to the platform.

Activate your SMARTS MEV Bot Deposit funds to start fully automated MEV trading.

Enjoy Automated MEV Extraction SMARTS MEV bot scans the mempool, front-run profitable trades, and extracts maximum value with millisecond precision.

Smarts fails to provide verifiable evidence it generates external revenue of any kind.

Furthermore, Smarts’ business model fails the Ponzi logic test. If Smarts was actually generating external revenue through a trading bot since January 2025, what does it need your money for?

Finally, despite Smarts passive returns income opportunity clearly being a securities offering, Smarts fails to provide evidence it has registered with financial regulators in any jurisdiction. This is verifiable securities fraud.

As it stands, the only verifiable source of revenue entering Smarts is new investment. Using new investment to pay ROI withdrawals would make Smarts a Ponzi scheme.

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

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

Signs Smarts entered its third collapse began in late April 2026.

On April 23rd Smarts rolled out a typical “we’re under attack!” exit-scam;

Dear users, April 23/24

Following a *comprehensive investigation,* we have confirmed that the platform was the target of a *highly sophisticated and coordinated cyberattack.*

Our servers experienced a *sudden and abnormal surge of malicious traffic,* which overwhelmed external security layers and led to *critical system disruption.* During the recovery process, we identified *unauthorized activity* across multiple transaction wallet groups, including hot wallets, withdrawal wallets, and certain asset storage layers.

Preliminary findings indicate that attackers were able to *compromise parts of the system infrastructure* and gain *unauthorized access to wallet operations,* resulting in *significant asset movement.*

As a result, the platform has been placed under a *full system shutdown* to prevent any further impact and to secure remaining components of the system.

On April 25th Smarts’ website was still offline:

On May 3rd, Smarts informed investors “funds had been compromised”:

The platform has been compromised, including parts of infrastructure, data and funds.

The tech team is working continuously to investigate and recover the system.

There is currently no clear timeline and this will take time.

Smarts’ website is back online but there’s no indication withdrawals have been re-enabled. Regardless, anyone who signs up to invest in Smarts would appear to be entering a thrice-collapsed Ponzi scheme.

Math guarantees that when a Ponzi scheme collapses, the majority of participants lose money.