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. [Continue reading…]

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 a pump and dump crypto scam built around its CCOS token. Ccoin appears to have collapsed in early 2022.

What’s left of Ccoin operates as Ccoin Finance. Ccoin Finance sells VISA debit cards attached to its internal crypto accounts.

SourceLess launched around 2020 and, at least on some level, appears to have been integrated into Ccoin.

In addition to Stratulat being based out of Romania, SourcLess’ official FaceBook page is also managed from Romania:

From this we can ascertain, as opposed to the US, SourceLess is based out of and operated from Romania.

SourceLess’ first two “source-less.com” and “sourceless.io” website domains have been abandoned. Today SourceLess operates from “sourceless.net”, registered through a Romanian address on February 10th, 2024.

Read on for a full review of SourceLess’ MLM opportunity. [Continue reading…]

US authorities have confirmed an arrest warrant has been issued against fugitive Jason Cardiff. [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. [Continue reading…]

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 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 Are All Satoshi launched, marking Lee’s third StableDAO spinoff. We Are All Satoshi collapsed in September 2023.

In January 2024 Lee and two conspirators were indicted on HyperFund related fraud charges. The SEC filed parallel civil fraud charges against Lee that same month.

In October 2024 Lee was detained in Dubai on an Interpol arrest warrant. Lee was released in December 2024 and, as at time of publication, remains a fugitive wanted by US authorities.

Read on for a full review of Satoshi Square Table’s MLM opportunity. [Continue reading…]

Young Living has launched a single-level affiliate compensation plan through Wyld Notes.

Quoting Young Living co-founder and CEO Mary Young, a January 13th article from Beauty Packaging states; [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. This suggests whoever is running Treasure NFT has ties to China.

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. [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 Currency Reserve.

Global Currency Reserve, or GCR, was an MLM crypto mining scheme built around its GCR shitcoin.

GCR was going by GCR Marketing when it collapsed in January 2016. Nexxus University was announced as a stand-alone MLM opportunity shortly thereafter.

Nexxus University was an MLM pyramid scheme tied to the sale of unaccredited cryptocurrency courses. Nexxus University affiliate membership also provided access to Nexxus Coin, another shitcoin that went nowhere.

While Nexxus University’s website is still up, the MLM opportunity collapsed years ago. This brings us to BizNet College.

BizNet College marketing documents suggest it’s a reboot of Nexxus University.

BizNet College’s website domain (“biznet.college”), was registered on May 30th, 2023. The private registration was last updated on May 26th, 2024.

BizNet College doesn’t provide a corporate address on its website, however from its Policies and Procedures;

The laws of Texas shall govern all other matters relating to or arising from the Agreement.

Notwithstanding the foregoing, and the arbitration provision in this Agreement, residents of the State of Louisiana shall be entitled to bring an action against BIZNET in their home forum and pursuant to Louisiana law.

Read on for a full review of BizNet College’s MLM opportunity. [Continue reading…]

Paparazzi has announced it is terminating all Washington State Consultants on March 31st, 2025.

The abrupt announcement, sent out via email on Friday February 28th, cites “market forces and changing business conditions”. [Continue reading…]

CTK Shop fails to provide ownership or executive information on its webstie.

CTK Shop operates from two known website domains:

1. ctkshop.co – registered with bogus details on October 31st, 2024
2. 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 whoever is running CTK Shop has ties to China.

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. [Continue reading…]