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

BitradeX launched on the domain “bitradex.com” in or around February 2025.

BitradeX lost its domain towards the end of 2025, prompting a switch to the domain “bitradex.ai” on January 9th;

BitradeX’s .AI domain was privately registered on March 3rd, 2025. It appears to have been dormant and suggests BitradeX has other domains on standby.

Why?

If we look at the WHOIS record for BitradeX’s original .COM domain, we see it has been frozen by the registrar:

As per ICANN, “Domain Status: clientRenewProhibited”

tells your domain’s registry to reject requests to renew your domain. It is an uncommon status that is usually enacted during legal disputes or when your domain is subject to deletion.

It’s likely BitradeX’s .COM domain was flagged for fraud and/or registered with bogus details that could not be verified.

In July 2025 BitradeX rolled out CEO “Nikolai Bonello Jenkins”:

Jenkins has a European accent and, as far as I can tell, does appear to be an actual person from Malta.

It seems BitradeX has moved on from pretending Jenkins exists as he’s mostly disappeared from its marketing.

A visit to BitradeX’s website today features Olivier Giroud front and center:

Giroud is a celebrated French footballer. He is the current all-time top goalscorer of the France national team.

I originally thought BitradeX has misappropriated Giroud’s likeness but Giroud confirmed his involvement in June 2025:

BitradeX is tied to BitradeX Fintech Limited, a UK shell company registered on March 18th, 2025.

As far as I can tell, BitradeX’s UK shell company only exists so that it was able to register its apps on Google Play Store and Apple App Store.

Over on the Apple App Store we can see BitradeX is using “辉 陈” for its developer:

Courtesy of the WayBack Machine we can also see BitradeX’s website was defaulting to Chinese circa November 2025:

This strongly suggests whoever is behind BitradeX has ties to China.

As of January 2026, SimilarWeb was tracking ~646,000 monthly BitradeX website visits.

Top sources of BitradeX website traffic are Japan (23%), Brazil (13%), Malaysia (6%), Saudi Arabia (5%) and Italy (5%).

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…]

On January 30th Chris and Isis Terry filed an ex-parte motion seeking a stay on FTC proceedings against them.

On February 3rd, the FTC filed its opposition, confirming it hadn’t been briefed on the motion’s contents; [Continue reading…]

Mohammed “Moe” Diab has secured dismissal of his Allied Wallet indictment. [Continue reading…]

Cory Kromray has been sentenced to 68 months in prison (~5.6 years).

Kromray was indicted on criminal charges related to Driven Trading in May 2025. [Continue reading…]

WeFi has received a securities fraud warning from Germany’s BaFin.

As per BaFin’s February 3rd WeFi warning; [Continue reading…]

OneCoin has received a securities fraud warning from Slovenia’s Securities Market Agency (ATVP).

As per ATVP’s January 8th OneCoin warning; [Continue reading…]

HelloBit has received a securities fraud warning from Germany’s BaFin.

As per BaFin’s January 20th HelloBit warning; [Continue reading…]

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

AIntuition’s website domain (“aintuition.io”), was privately registered on April 1st, 2025.

The first video uploaded to AIntuition’s official YouTube channel was a Russian marketing video on June 11th, 2025:

The video features “Mr. Klaus”, represented by a masked man with an eastern European accent using a voice-changer.

An MLM company seemingly run by Russian scammers hiding behind a dork in a mask is reason enough to avoid.

AIntuition’s initial marketing run flopped. This prompted targeting of English speakers towards the end of 2025.

To that end AIntuition rolled out CEO “German Vernons” on January 23rd, 2026:

Vernons of course doesn’t exist outside of AIntuition. The actor playing Vernons has a Spanish/Portuguese accent (I’m not 100% sure which).

This tracks with eastern Europeans, typically Russians, Ukrainians and/or Belarussians, being behind Boris CEO scams (actors playing executives).

In an attempt to appear legitimate, AIntuition provides a Canadian company registration certificate for “Aintuition Limited” on its website.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

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…]

Sabrina Cyr-Vidal has been fined $15,000 CAD for promoting iGenius in Quebec. [Continue reading…]

Hexaglow, aka Dynamic Hexaglow Project and DHP, fails to provide ownership or executive information on its website. “Contact Us” details and social media profiles are also marked “coming soon”.

Hexaglow’s website domain (“hexaglow.com”), was privately registered on February 6th, 2025.

Note Hexaglow’s root domain is an app. The company’s marketing website is hosted on the “official.d-hexaglow.com” subdomain.

While Hexaglow’s domain registration is private, it’s worth noting the domain was registered through Chinese registrar Dominet (HK) Limited.

This suggests whoever is running Hexaglow probably 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…]