Axneb fails to supply possession or government info on its web site.
Axneb’s web site area (“axneb.com”), was privately registered on February tenth, 2023.
In an try to seem reliable Axneb offers a company handle in London, UK on its web site.
This handle corresponds to a random shopfront that doesn’t seem to have something to do with Axneb. It’s unlikely Axneb has any precise ties to the UK.
SimilarWeb at the moment tracks high sources of site visitors to Axneb’s web site as Russia (22%), Brazil (9%), the US (9%) and Italy (5%).
On April third, the Central Financial institution of Russia issued an Axneb pyramid fraud warning.
Though not definitive, it is a first rate indication that Axneb has ties to Russia.
As all the time, if an MLM firm isn’t overtly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Axneb’s Merchandise
Axneb has no retailable services or products.
Associates are solely capable of market Axneb affiliate membership itself.
Axneb’s Compensation Plan
Axneb associates make investments USD equivalents in cryptocurrency. That is executed on the promise of marketed returns:
- Capital Enhance – make investments $25 to $250,000 and obtain 1% a day for 7 days
- Grown Acquire – make investments $25 to $250,000 and obtain 1.5% a day for 14 days
- Sensible Make investments – make investments $25 to $250,000 and obtain 2% a day for 21 days
Axneb pays referral commissions on invested cryptocurrency down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 5%
- stage 2 – 2%
- stage 3 – 1%
Becoming a member of Axneb
Axneb affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal $25 funding.
Axneb solicits funding in numerous cryptocurrencies.
Axneb Conclusion
Axneb is an easy low-effort Ponzi scheme.
Associates make investments cryptocurrency and that cryptocurrency is used to repay earlier traders.
Axneb’s Ponzi ruse is buying and selling;
Our crew of specialists makes use of their data and expertise to put money into a variety of economic merchandise, together with short-term buying and selling, swaps, arbitrage, foreign exchange, forex choices, and extra.
Our professional crew of merchants will deal with the work, when you benefit from the earnings.
No verifiable proof of Axneb producing exterior income through buying and selling of any sort is offered.
Axneb’s enterprise mannequin additionally fails the Ponzi logic check.
If Axneb was capable of persistently generate 2% a day, what do they want your cash for?
On the regulatory entrance Axneb additionally fails to supply proof it has registered with monetary regulators. Which means that, at a minimal, Axneb is committing securities fraud.
MLM and securities fraud go hand in hand with operation of a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve Axneb of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.
