Kointat Review: Daily returns Ponzi scheme

Kointat fails to provide verifiable company ownership information on its website. There is a Board of Directors list provided, featuring Hunt Lenny as CEO and Chairman, however none of the Directors exist outside of Kointat’s own marketing material. In an attempt to appear legitimate, Kointat provides registration details for Kointat […]

0.5% a day Ponzi scheme

BitKrypton provides no information on their website about who owns or runs the company. BitKrypton’s website domain “bitkrypton.com”) was privately registered on October 30th, 2019. Alexa currently estimates 95% of traffic to BitKrypton’s website originates out of Pakistan. This strongly suggests whoever is running BitKrypton is based out of Pakistan, […]

Smart contract 2×8 matrix Ponzi

Smart Ether provides no information on its website about who owns or runs the company. Smart Ether’s website domain (“smartetherx.io”) was privately registered on August 19th, 20920. Official Smart Ether marketing videos are offered in English, Hindi, Tamil and Malayalam. This suggests that whoever is running Smart Ether is likely […]

Former ACN distributors launch competitor

NeXarise operates in the ecommerce MLM niche. The company does not provide a corporate address on its website. Instead a UK incorporation number for “Nexarise European Services LTD” is provided. Typically UK incorporation is meaningless, however in this instance, based on NeXarise’s co-founders, I’ll give the company a pass. NeXarise was […]

Global Sponsorship Network Review: GDP Ponzi points

Global Sponsorship Network, commonly abbreviated as “GSN”, provides no company ownership or management information on its website. GSN’s website domain (“mygsn.com”) was first registered in 2012. The private domain registration was last updated on June 6th, 2020. Considering GSN promotion began after this date, this is likely when GSN’s owners […]