We Are All Satoshi Review: Sam Lee’s 3rd StableDAO Ponzi spinoff
We Are All Satoshi operates in the MLM cryptocurrency niche.
The company’s website domain (“wearesatoshi.org”), was privately registered on April 5th, 2023.
Front and center on We Are All Satoshi’s website is notorious Ponzi scammer Sam Lee:
With partner in crime Ryan Xu, Lee launched HyperCash, HyperCapital, HyperFund and Hyperverse – all Ponzi schemes in which the majority of investors lost money.
After those Hyper* Ponzi schemes came HyperNation and HyperOne, although Lee’s direct involvement in those follow-ups is less clear.
Lee spent most of 2022 hiding in his Dubai apartment. Originally from Australia, Lee fled to the MLM crime capital of the world in 2021 as HyperFund took off.
In late 2022 Lee reemerged with StableDAO. Aimed at victims of Lee’s previous scams, StableDAO pitched an 11% a month return.
StableDAO also served as a scam incubator platform, through which Lee has launched StableOpinion and VidiLook.
StableOpinion failed to gain any significant traction. VidiLook did but collapsed on April 21st.
Fresh off VidiLook’s collapse we now have We Are All Satoshi, marking Lee’s third StableDAO spinoff.
Read on for a full review of We Are All Satoshi’s MLM opportunity.
We Are All Satoshi’s Products
We Are All Satoshi has no retailable products or services.
Affiliates are only able to market We Are All Satoshi affiliate membership itself.
We Are All Satoshi’s Compensation Plan
We Are All Satoshi affiliates invest in WAAS tokens. WAAS tokens are sold at $1 each and there are eleven We Are ALl Satoshi investment tiers:
- Stardust – $100
- Vega – $300
- Orbital – $700
- Cosmos – $1500
- Stellar – $3100
- Galaxy – $6300
- Nebula – $12,700
- Cosmic – $25,500
- Polaris – $51,100
- Quantum – $102,300
- Multiverse – $204,700
Once invested in, WAAS tokens are parked with We Are All Satoshi. This is done on the promise of a 1% or 2% a day ROI.
- We Are All Satoshi affiliates who recruit two affiliates who’ve invested receive 2% a day
- all other We Are All Satoshi affiliates receive 1% a day
We Are All Satoshi pays daily returns until 300% of the WAAS token amount invested is reached. After this reinvestment is required to continue earning.
Note that invested in WAAS tokens are locked for 500 days. They remain locked irrespective of whether 300% has been paid out on them or not.
The MLM side of We Are All Satoshi pays on recruitment of affiliate investors.
As far as I can tell all MLM commissions and bonuses are paid out in WAAS tokens.
We Are All Satoshi Affiliate Ranks
There are twelve affiliate ranks within We Are All Satoshi’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Affiliate – sign up as a We Are All Satoshi affiliate and invest
- SHIBA – generate $100,000 in accumulated investment volume on both sides of the binary team
- TRON – generate $250,000 in accumulated investment volume on both sides of the binary team
- DOGE – generate $500,000 in accumulated investment volume on both sides of the binary team
- CARDANO – generate $750,000 in accumulated investment volume on both sides of the binary team
- RIPPLE – generate $1,000,000 in accumulated investment volume on both sides of the binary team
- MATIC – generate $2,000,000 in accumulated investment volume on both sides of the binary team
- POLKADOT – generate $3,000,000 in accumulated investment volume on both sides of the binary team
- SOLANA – generate $4,000,000 in accumulated investment volume on both sides of the binary team
- BINANCE – generate $5,000,000 in accumulated investment volume on both sides of the binary team
- ETHERIUM [sic] – generate $10,000,000 in accumulated investment volume on both sides of the binary team
- BITCOIN – generate $20,000,000 in accumulated investment volume on both sides of the binary team
Referral Commissions
We Are All Satoshi affiliates earn a 5% commission on WAAS token investment.
Note that We Are All Satoshi screws affiliates out of referral commission on their first two recruits. Referral commissions are earned from the third recruit onwards.
Residual Commissions
We Are All Satoshi pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate 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 affiliates. Note there is no limit to how deep a binary team can grow.
At the end of each day We Are All Satoshi tallies up new investment volume on both sides of the binary team.
Affiliates are paid 10% of funds matched on both sides.
- regular affiliates can earn up to $300 in residual commissions a day
- SHIBA ranked affiliates can earn up to $360 in residual commissions a day
- TRON ranked affiliates can earn up to $420 in residual commissions a day
- DOGE ranked affiliates can earn up to $480 in residual commissions a day
- CARDANO ranked affiliates can earn up to $540 in residual commissions a day
- RIPPLE ranked affiliates can earn up to $600 in residual commissions a day
- MATIC ranked affiliates can earn up to $700 in residual commissions a day
- POLKADOT ranked affiliates can earn up to $800 in residual commissions a day
- SOLANA ranked affiliates can earn up to $900 in residual commissions a day
- BINANCE ranked affiliates can earn up to $1000 in residual commissions a day
- ETHERIUM ranked affiliates can earn up to $1200 in residual commissions a day
- BITCOIN ranked affiliates can earn up to $1500 in residual commissions a day
Rank Achievement Bonuses
We Are All Satoshi rewards affiliates for qualifying at SHIBA and higher with the following one-time Rank Achievement Bonuses:
- qualify at SHIBA and receive $1000
- qualify at TRON and receive $2000
- qualify at DOGE and receive $3000
- qualify at CARDANO and receive $4000
- qualify at RIPPLE and receive $5000
- qualify at MATIC and receive $10,000
- qualify at POLKADOT and receive $20,000
- qualify at SOLANA and receive $30,000
- qualify at BINANCE and receive $40,000
- qualify at ETHERIUM and receive $100,000
- qualify at BITCOIN and receive $1,000,000
Joining We Are All Satoshi
We Are All Satoshi affiliate membership is free.
Full participation in the attached income opportunity requires an initial $100 to $204,700 investment.
We Are All Satoshi do not disclose which cryptocurrencies they solicit investment in.
We Are All Satoshi Conclusion
We Are All Satoshi is a simple Ponzi scheme dressed up in a typical crypto bro marketing spiel.
Pitching it as a “revolution”, We Are All Satoshi’s marketing pitch can be summed up as a “just trust me bro” alternative to audited financial reports filed with financial regulators.
Cryptocurrency investors might very well be “requesting proof of reserve attestations to verify crypto holding”. The problem is a “decentralized standard that uses blockchain smart contracts and oracles” is, from a due-diligence and legal perspective, meaningless.
300% passive investment schemes like We Are All Satoshi are securities offerings under existing financial laws around the world.
This requires registration with financial regulators and periodic filing of audited financial reports. The reason for the filed reports is precisely to verify a company is doing what it claims to be doing.
Smart contracts, oracles and other crypto nonsense aren’t a substitute for these legal requirements on any level.
Furthermore, when it comes to We Are All Satoshi doing what it claims to, audited financial reports are moot.
All We Are All Satoshi does is solicit investment, swap it out for worthless WAAS tokens, pay monopoly money returns in WAAS and allow investors to cash out previously invested funds.
Ultimately whatever is invested will be drained by Sam Lee and early investors – same as every other Ponzi scheme Lee has launched to date.
WAAS itself is a worthless BEP-20 token. BEP-20 tokens can be generated in a few minutes at little to no cost.
WAAS is worthless outside of We Are All Satoshi. And internally only has cash out value until We Are All Satoshi inevitably collapses.
Of his post-Hyper* Ponzi schemes, StableDAO and StableOpinion are in a rut and VidiLook has already collapsed. Other than the absolute Hyper* die-hards left, there can’t be too much of an audience left for Lee’s scamming.
Even gullible crypto bros have their limits.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve We Are All Satoshi of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Update 4th September 2023 – We Are All Satoshi has collapsed. Victims are being funneled into Shavez Anwar’s third VidiLook reboot.
There are many legitimate and ethical ways for Sam Lee to earn a living and make a positive impact in his community.
Here are five examples:
1) Starting a legitimate business: Sam Lee can use his entrepreneurial skills to start a legal business that offers products or services that people need or want.
By building a reputable and trustworthy business, Sam can attract customers and earn a steady income.
2) Investing in the stock market: Instead of running Ponzi schemes, Sam Lee could invest in the stock market or other financial markets legally and ethically.
By doing proper research and analysis, he can identify profitable investment opportunities that can generate wealth over the long term.
3) Providing financial advice: Sam Lee could leverage his knowledge of the financial industry and offer sound advice to people who want to invest their money wisely.
He can help them understand the risks and benefits of different investment options and develop a customized investment strategy that aligns with their goals and risk tolerance.
4) Volunteering for non-profit organizations: Sam Lee can use his skills and experience to volunteer for non-profit organizations that are dedicated to helping people in need. By giving back to the community, he can make a positive impact and build a reputation as a trustworthy and caring individual.
5) Pursuing further education: Sam Lee could enroll in a degree program or take courses that can help him develop new skills and knowledge. This can open up new opportunities for him and help him pursue a career that aligns with his interests and values.
Yes Danny
@Danny de Hek aka The Crypto Ponzi Scheme Avenger. He could do as you suggest .
Unfortunately Lee is a CRIMINAL as his record shows. Scammers & Criminals & Thieves don’t normally switch to main stream business.
Sam Lee, when will he ever learn? He’s one of the most wanted Australians on the planet! ♂️
I was listening to him on a video just seven days ago, and he was telling people that StableDAO is going to be the platform to help people find new Ponzi schemes.
I couldn’t believe my ears! If you’re in his community, he will introduce you to the latest scam. You might as well go and buy 100 lotto tickets. ️ Would you believe he’s currently travelling Nigeria
As soon as he sets foot in Canada, Australia, the UK, America, or the Netherlands, he will be arrested. ⚖️
One of these dirty disgusting scammers just tried suing me for $3.8 million an hour and a half before the judge ruled they decided to change their mind and filed a discontinuance.
I pulled their bluff now they will be order to pay $32,000 worth of my legal fees. OZ you’re doing an awesome job, I’m also a mission to name and shame anyone running a Ponzi scheme or a scam!
We still need to bring down these multilevel marketers:
Stephen Mccullah
Kalpesh Patel
Keith Williams
Brenda Chunga
Bitcoin Rodney
Ryan Xu
Sam Lee
Jayden Wei
Ronar Jull
Chris Hector
Grigorij Richters
Roman Leithäuser
Steven Reece Lewis
Goran Hemstrom
Tami Jackson
Mick Mulcahy
Amanda Lee
Sheila Morris
Yvonne Henry
Susan Lawrence
Valerie Graham
Pinakee Naik
Jackie Holness
Vivian O’Callaghan
Des Amey
Ollie Trew
Clive Bond
Whitney Smart (blurry faced sucker fish lady)
Sharon James
Dizzy Tailor
Tracy Cassivi
Clayton Ford
Valerie A Campbell
Yvonne Henry
These guys are all criminals, and I can’t wait to see them behind bars!
Glad to hear the lawsuit worked out in your favor Danny.
Thank you, Oz! We offered Stephen Mccullah the option to directly pay my legal fees, but he chose to dispute the cost, which has now increased from $32,000 to $36,000 due to additional work.
My lawyer informed me that a judge will decide in the next two or three weeks how much he must pay for filing a discontinuance after trying to sue me for $3.8 million, alleging defamation.
The great news is that I’m on a rampage catching up with all the schemes this guy has been involved in. He seems to be running scared at the moment, so it makes a real difference to stand up to these bullies!
By the way mate I’m doing a full on campaign exposing Scam Lee if anyone’s got any juicy gossip please make sure you let me know.
Getting some good traction on my YouTube channel with the videos I’m doing.
WAAS received a “Desist & Refrain Order” from the State of California, dated 9/27/23.
dfpi.ca.gov/enf-w/we-are-all-satoshi/
Thanks for that. DFPI’s website remains unhelpful to navigate, meaning I have to wait for the monthly updates PDF to check for new warnings.
In fact, not only this, but he also started Vidilook, opened and closed VAV within 3 days with a huge collection.
Again, now he’s opened VEND. As a result, we’ve all stopped paying and have now started a new way to scam by using mining with a new person in the front named SHAVEZ.
They’ve launched so many projects, all under Hyperwas, but they forgot to change the domain prefix to H5.
Unfortunately, our gullible people believe in all these different projects and bring in poor individuals while the leaders profit. Now, they’ve started another scam with AELF coin.
Oz wrote:
I’m a bit confused now. Has the scam been restarted? Registrations are possible again on waas.network. The domain was registered on January 10, 2024 and the website had more than 300,000 visitors in February 2024.
ibb.co/gDCH4rw
The original WAAS Ponzi collapsed. Shavez keeps rebooting the scheme.
Latest grift is some Boomerang payday loan nonsense.
The Instagram account with 3,627 followers still links to the website weareallsatoshi.org, which no longer exists. 😀
ibb.co/2NMV2mw
instagram.com/weareallsatoshiofficial/
Nevertheless, the account is updated almost daily, five times today.
On March 13, 2024, it was announced on the Instagram account weareallsatoshiofficial that Gordon Stenhuijs had achieved the rank of SHIBA.
ibb.co/t8sZyN0
instagram.com/p/C4coUyJxNIB/
Gordon Stenhuijs was also actively involved in the OneCoin scam.
ibb.co/ky5QvW3
Gordon Stenhuijs (right) and Anderson Chester in a video from March 2018.
ibb.co/2qMbS8s
Gordon Stenhuijs and the fraudulent used car dealer Petar Kralev from Bulgaria in a video from May 2018.
ibb.co/kh2BQQd
youtube.com/watch?v=89_jbSCDIik