Mether World Review: Crypto Ponzi reboot, mCoin exit-scam

Mether World operates in the cryptocurrency MLM niche.The company claims it “was founded in 2020 in Estonia.”To that end a corporate address in a tiny 1000 population village in Estonia is provided. Given this, it is likely Mether World exists in Estonia in name only.To get more news about mether world review, you can visit wikifx.com official website.

Supporting this is SimilarWeb tracking 100% of traffic to Mether World’s website as coming from India.No company ownership or executive information is provided on Mether World’s website.For that we have to go to mCoin, represented as being a “service” tied to Mether World.
ART637944441106926271_265747.png-wikifx_articlepic
mCoin has its own website, on which the following executive team is provided:Any MLM company operating out of Dubai automatically raises red flags. If it’s an MLM crypto company, I can all but guarantee it’s a scam.

I don’t know for sure if he is, but Shehu definately gives off Boris CEO vibes.There’s something strange about a bunch of Europeans sitting in Dubai scamming only Indians.

From their own marketing, this is what Mether’s top affiliate leadership group look like.Again I didn’t find anything conclusive, but I’m not inclined to buy the Dubai CEO schtick on this one.What I did learn is Mether World is a reboot of a collapsed Ponzi scheme.

Mether World also goes by Mether Network. The company was originally launched with MNC Coin:MNC were never publicly tradeable. They didn’t exist outside of Mether World – meaning when Mether World collapsed, investors were left bagholding worthless Ponzi points.

I haven’t been able to pinpoint an exact date, but Mether World’s original MNC Ponzi appears to have collapsed in early to mid 2021.

The reboot of Mether World saw it create mCoin shortly after. And that is what we’re taking a look at today.

Denis Shehu was part of the original Mether World launch but not as CEO. Instead you had these guys in charge:I’m not 100% sure on the relationship between Andreas Vezonik’s “VolumeX” company and Mether World.

Anyway, whatever VolumeX was it doesn’t exist anymore. It was abandoned around July 2021 – likely when Mether World’s MNC Ponzi collapsed.

Today Andreas Vezonik runs “LeverageX”, presumably a continuation of VolumeX.Mether World pays residual commissions on funds invested by recruited affiliates.

Investment residual commissions are paid out via a binary team compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):