The eOracle Ponzi scheme has collapsed, once more.
eOracle disabled affiliate withdrawals by disabling their stand-alone ECN Ponzi factors web site. This occurred a few week in the past.
Previous to the ECN web site taking place, eOracle rebooted its Ponzi smart-contract on the tezos blockchain. This seems to have occurred mid to late September.
The unique eOracle Ponzi scheme ran on the tron blockchain. ECN itself is/was a easy TRC-20 shit token.
eOracle itself was a reboot of Espian World, which had its personal SGT ERC-20 shit token.
When BehindMLM reviewed eOracle in June, the corporate represented Edgar Gonzalez was its CEO.
Karn Dwivedi (proper) has since emerged because the face of the corporate.
Dwivedi speaks with an Indian accent, which tracks with Alexa pegging India at 51% of eOracle’s web site site visitors.
Dwivedi has been with the corporate since ESPN World, the place he claimed to be the corporate’s “nation head of India”.
As per Dwivedi’s LinkedIn profile he’s primarily based out of Dubai. Presumably this implies eOracle’s government operations have additionally moved to Dubai.
This is smart, seeing as Dubai is the MLM rip-off capital of the world.
In an eOracle webinar believed to have taken place late final week, Dwivedi acknowledged;
[0:59] Relating to the ECN web site; it’s underneath upkeep, it’s not closed.
It’s underneath upkeep, some due-diligences [sic]. And uh it will likely be open once more, uh in subsequent 4 or 5 days.
Dwivedi goes onto declare there’s some audit happening, which in fact is not sensible. You don’t want to drag down an internet site all the way down to conduct an audit.
Clearly Dwivedi is touting an eOracle reboot. And that reboot seems tied to the launch of Fomoex.
Such to the extent there are any direct ties to Fomoex, they aren’t but clear.
Fairly Fomoex is tied to eOracle’s reboot by the use of it integrating ECN into its personal enterprise mannequin.
Observe that solely the ERC-20 and TRC-20 variations of ECN are current. This implies the third tezos incarnation has in all probability been aborted.
Additionally word the looks of Molecular Future (MOF). MOF is tied to the HyperFund Ponzi scheme.
Once more, any direct ties between FomoEX and HyperFund are additionally unclear.
What is obvious is it’s doubtless cash modified fingers to make all of this occur.
FomoEX is at present in prelaunch. When it opens up eOracle will doubtless restore entry to the ECN web site.
Regardless of integration into eOracle and HyperFund’s respective Ponzi tokens, FomoEX is being launched as a stand-alone alternative.
BehindMLM may have a FomoEX evaluate up tomorrow.
Trying ahead, whatever the finer particulars of FomoEX’s as a possibility, finally funds are nonetheless being shuffled round to satisfy ever-increasing withdrawal requests.
There’s solely a lot ethereum or tron to pay out. As soon as that’s exhausted eOracle can be again at sq. one.
Replace twenty fourth October 2021 – BehindMLM has printed a stand-alone FomoEX evaluate.
Replace tenth November 2021 – Indian authorities have recognized a trio of scammers they declare are behind FomoEX, Espian World and eOracle.
The arrested suspects are Raghavendra, Nagaraju and Shivamurthy. All three reside in Bangalore, India.