Axneb fails to offer 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 look official Axneb gives 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 will not be brazenly upfront about who’s operating or owns it, assume 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 carried out on the promise of marketed returns:
- Capital Increase – make investments $25 to $250,000 and obtain 1% a day for 7 days
- Grown Achieve – 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):
- degree 1 (personally recruited associates) – 5%
- degree 2 – 2%
- degree 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 buyers.
Axneb’s Ponzi ruse is buying and selling;
Our group of consultants makes use of their data and expertise to spend money on a variety of monetary merchandise, together with short-term buying and selling, swaps, arbitrage, foreign exchange, foreign money choices, and extra.
Our skilled group of merchants will deal with the work, when you benefit from the earnings.
No verifiable proof of Axneb producing exterior income by way of buying and selling of any variety is supplied.
Axneb’s enterprise mannequin additionally fails the Ponzi logic take a look at.
If Axneb was capable of constantly generate 2% a day, what do they want your cash for?
On the regulatory entrance Axneb additionally fails to offer proof it has registered with monetary regulators. Because of this, 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, nearly all of members lose cash.
