In their published whitepaper, NasdaCoin identify John Baptist as co-founder of the company.

Baptist’s Facebook profile states he’s originally from Brazil but currently resides in Suriname, South America.

The other NasdaCoin co-founders are not named. Recent posts on Baptists’ Facebook profile however suggest they may be based out of Dubai and/or Thailand.

John Baptist (right) appears to have a long history within the MLM industry.

I was able to tie him to Jeunesse, as well as the DFRF Enterprises, Game Loot Network, SwissGolden and 4 Corners Alliance Group scams.

Baptist may also have invested in the iPro Network and BitConnect Ponzi schemes.

NasdaCoin marketing material cites Baptist as a “blockchain developer”. His executive role within the company is not disclosed.

Read on for a full review of the NasdaCoin MLM opportunity. [Continue reading…]

In a May 14th press-release, Dubli (trading as Ominto) has announced it will voluntarily delist itself from the Nasdaq Capital Market.

The official reason for the voluntary delisting is ongoing non-compliance with regulatory filing requirements. [Continue reading…]

World Cryptocurrency 101 (abbreviated as WCC101), provide no information on their website about who owns or runs the business.

Two addressed in Ontario are provided, one a condo in Mississauga and the other a skyscraper in Windsor.

The WCC101 website domain (“wcc101.com”) was registered on March 26th, 2018.

Scott Phounpadith is listed as the owner, through yet another address in Windsor, Ontario.

According to his LinkedIn profile, Phounpadith (right) works as an “Independent Software Developer” for the University of Windsor.

Phounpadith’s Intagram profile cites on of his interests as “crypto”, however I was unable to find any specific MLM history.

Thus it appears WCC101 is Phounpadith’s first MLM venture.

Read on for a full review of the World Cryptocurrency 101 MLM opportunity. [Continue reading…]

Coin Pool Mining is one of Dragon Mining Tech’s “dragon programs”.

Dragon Mining Tech is tied to the collapsed Bitcoiin pump and dump altcoin.

After allegedly raising $75 million dollars for their B2G ICO, Bitcoiin’s anonymous owners abandoned the project and did a runner.

Dragon Mining Tech is what’s left and, through spin-off companies like Start Options, Bitcoin Trading World, Crypto Mining Space, Palilula Mining, BTC Trader Online, BTC Mining Factory and Coin Pool Mining, are trying to milk investors out of even more money.

Dragon Mining Tech is believed to have strong ties to China however, like Bitcoiin, who owns and/or runs the company is not disclosed.

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…]

Mining Express provide no information on their website about who owns or runs the business.

The Mining Express website domain (“miningexpress.com”) was first registered in January, 2004.

The domain registration details were last updated in August, 2017, suggesting this is when the current anonymous owner(s) took possession of it.

Update 13th May 2018 – Mining Express promotional material claims Kaze Fuziyama is the owner of Mining Express.

Fuziyama (right) is based out of Rio de Janeiro in Brazil.

Prior to Mining Express Fuziyama was promoting the One Thor and D9 Clube Ponzi schemes. /end update

Read on for a full review of the Mining Express MLM opportunity. [Continue reading…]

Citing cryptocurrency as inherently “insecure” and “volatile”, the FTC is seeking a court order requiring defendants to liquidate crypto assets held into USD.

The May 11th motion was filed as part of the FTC’s case against Scott Chandler, Louis Gatto, Eric Pinkston & Thomas Dluca.

The four defendants stand accused of scamming the general public through a series of pyramid and/or Ponzi schemes. [Continue reading…]

BreakRoad35 International provide no information on their website about who owns or runs the business.

The BreakRoad35 International website (“breakroad.com”) was privately registered on August 4th, 2015.

In early 2017 BehindMLM reviewed Nspire Network. Our research for that review revealed co-founder JJ Javier also owned BreakRoad35.

On Javier’s personal website, Nspire Network is cited as a “subsidiary of BreakRoad35 International”.

BreakRoad35 is operated out of Pasig City in the Philippines.

As per Javier’s bio on his personal website, he was

introduced to the network marketing industry a few years back. From 2012 to 2014, he has set records by becoming the first Diamond achiever in Asia.

After a couple of weeks, he was recognized as the first and only Black Diamond achiever in the same continent, producing massive organizations and sales in excess of $1,000,000 per month.

Currently, Mr. Javier is a committed student of the industry, even tagged as the “young lion” of the Philippines’ network marketing field.

Possibly due to language-barriers, I was unable to ascertain which company Javier was in prior to BreakRoad35.

Read on for a full review of the BreakRoad35 MLM opportunity. [Continue reading…]

Reaction to our Dapps Global expose has been swift, with investors suspected of leaking information kicked out of secret social media groups.

The company name “Dapps Global” has also been abandoned, and plans to launch an ICO postponed till October. [Continue reading…]

Following a spate of regulatory investigations over 2016, Turkish regulators declared Kairos Technologies a pyramid scheme in early 2017.

This all but spelled the end of the Ponzi scheme, which has been in steady decline since.

With investor losses mounting and no new money coming in, Kairos Technology has announced plans to launch an ICO. [Continue reading…]

BTC Mining Factory is one of Dragon Mining Tech’s “dragon programs”.

Dragon Mining Tech is tied to the collapsed Bitcoiin pump and dump altcoin.

After allegedly raising $75 million dollars for their B2G ICO, Bitcoiin’s anonymous owners abandoned the project and did a runner.

Dragon Mining Tech is what’s left and, through spin-off companies like Start Options, Bitcoin Trading World, Crypto Mining Space, Palilula Mining, BTC Trader Online and BTC Mining Factory, are trying to milk investors out of even more money.

Dragon Mining Tech is believed to have strong ties to China however, like Bitcoiin, who owns and/or runs the company is not disclosed.

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…]