Edain pyramid scheme fraud warning from Russia


Edain has obtained a pyramid scheme fraud warning from the Central Financial institution of Russia.

As per the CBR’s March thirtieth warning, Edain “displays indicators of a monetary pyramid”.

The CBR’s warning identifies two domains related to Edain; “store.zixxar.web” and “store.edain.ai”.

The Zixxar area seems to supply backoffice performance for Edain:

Alexa solely ranks Austria as a notable supply of site visitors to the area (15%).

“Edain.ai” is Edain’s main web site area. Visitors peaked in early February and has since gone into decline.

Edain is a smart-contract Ponzi scheme run by co-founders Hardy F. Schloer, Adela Fofiu and Mihai Spariosu.

Again when BehindMLM reviewed Edain final November, Ukraine was ranked as the highest supply of site visitors (46%).

Edain recruitment in Ukraine seems to have collapsed previous to the current Russian invasion.