On its website, Hacken Pool says nothing about who owns or runs the business.
The domain name for Hacken Pool’s website, “hackenpool.com,” was signed up on June 19, 2021. The registration for the domain was last changed on March 22, 2022
The domain registration for Hacken Pool’s website lists “Isabella Alexander” as the owner and gives a fake address in the UK.
Hacken Pool also uses a second domain called “hpbackoffice,” which was registered privately on March 16, 2022.
In the official PDF of Hacken Pool’s presentation, there is an email address:
This seems to match up with Ahmad Fathurizqi, who seems to live in Malaysia.
Hacken Pool gives incorporation certificates for “Hacken Pool Trading Limited” and “Hacken Limited” to make it look like it is a real business.
On March 22, 2022, Hacken Pool Trading Limited was formed in the UK.
Hacken Limited was made a legal business entity in 2014, and it has nothing to do with Hacken Pool.
A red flag is an MLM company that is based in the UK or says it is.
In the UK, forming a company is very cheap and isn’t regulated at all. On top of that, the FCA, which is the UK’s top financial regulator, doesn’t do much to stop securities fraud related to MLMs.
Because of this, the UK is a popular place for scammers to start, run, and promote fake businesses.
Incorporation in the UK or registration with the FCA doesn’t mean anything when it comes to MLM due diligence.
It’s not clear if Ahmad Fathurizqi is in charge of Hacken Pool. At least, his involvement shows that, unlike the UK, Hacken Pool is connected to Malaysia.
Singapore, which is close by, is another possibility:
If an MLM company isn’t clear about who owns or runs it, you should always think twice before joining or giving them any money.
The Products of Hacken Pool
Hacken Pool has no goods or services that can be sold.
Affiliates can only market affiliate membership to Hacken Pool.
The Pay Plan for Hacken Pool
Affiliates of Hacken Pool invest the equivalent of USD in cryptocurrency.
This is done because it is said that there will be passive returns:
Sovereign Pool: Invest between $9 and $99 and get 310% back in 145 days.
Oil Pool: Invest between $100 and $999 and get 324% back in 133 days.
Gold Pool: Invest between $1,000 and $9,999 and get 349% back over 130 days.
Forex Pool: Invest between $10,000 and $49,000 and get 374% in 127 days
Invest between $50,000 and $99,999 in Crypto Pool and get 399% back in 113 days.
Partner Pool: Invest at least $100,000 and get 449 percent back in 97 days.
Note that there is a 5% fee on all withdrawals from Hacken Pool.
The MLM part of Hacken Pool makes money when affiliate investors are brought in.
Commissions for referrals
Hacken Pool pays affiliates who bring in money through their referrals a commission.
Referral commission rates depend on how much an affiliate has put into Hacken Pool:
Affiliates who are in the Sovereign Pool tier get a 6% referral commission rate.
Affiliates in the Oil Pool tier get 7% of what their referrals make.
Affiliates in the Gold Pool tier get 8% of what their referrals make.
Affiliates in the Forex Pool tier get 9% of what their referrals make.
Affiliates in the Crypto Pool tier get 11% of what their referrals make.
Affiliates in the Partner Pool tier get 15% of what their referrals bring in.
Commissions that don’t end
A binary compensation structure is used to pay out residual commissions in Hacken Pool.
A binary compensation structure puts an affiliate at the top of a binary team, which is split into two sides (left and right):
There are two positions on the first level of the binary team. The second level of the binary team is made by splitting the first two positions into two more positions each (4 positions).
The next levels of the binary team are made as needed. Each new level has twice as many positions as the one before it.
Affiliates are hired for positions on the binary team in both direct and indirect ways. Note that a binary team can grow as deep as it wants.
At the end of each day, Hacken Pool adds up the amount of money that was invested on both sides of the binary team.
Affiliates are paid a portion of the money that is put into the side of their weaker binary team.
Affiliates on the Sovereign Pool tier get paid 6%.
Affiliates in the Oil Pool tier earn 7%.
Affiliates in the Gold Pool earn 8%.
Affiliates on the Forex Pool tier earn 9%.
Affiliates in the Crypto Pool tier earn 11%
Affiliates in the Partner Pool tier earn 15%
Note that daily limits are put on residual commissions based on how much an affiliate has already put into the business.
Once the payout has been made, the volume is moved to the stronger binary team side and flushed.
Any extra volume on the side of the stronger binary team stays there.
The Monthly Profit Split
“Monthly company turnover sharing” is a part of Hacken Pool’s compensation plan for affiliates in the Partner Pool tier.
There are no specifics.
Joining Hacken Pool
There is no cost to join Hacken Pool as an affiliate.
To fully take part in the attached income opportunity, you must invest at least $9.
Once a full ROI has been made on an investment, it needs to be re-invested to keep making money.
Hacken Pool asks people to put money into different cryptocurrencies.
The End of Hacken Pool
Hacken Pool says it is a “well-known platform for trading cryptocurrencies.”
How does Hacken Pool generate profit?
In this pool, we trade your money in different cryptocurrencies for pumping and dumping. We also work on the forex trading platform, which can make a lot of money for our community.
Pumping and dumping or not, Hacken Pool doesn’t show that it makes any kind of money from outside sources.
The business model of the company also doesn’t pass the Ponzi logic test.
Anyone who can make 441% every 97 days isn’t going to let you use their magic money machine. Not to mention giving you free access.
They ran their “pump and dump” scheme in secret, and soon they were among the richest people in the world.
At the moment, the only source of income that can be proven to be going into Hacken Pool is new investments.
Hacken Pool is a Ponzi scheme because it uses new money to pay investors passively.
Since Hacken Pool doesn’t market or sell anything to regular customers, the MLM part of the business adds another level to the pyramid scheme.
As with all MLM Ponzi schemes, new money will stop coming in once affiliate recruitment stops.
This will stop Hacken Pool from getting ROI money, which will eventually cause it to fail.
The math behind Ponzi schemes makes it clear that most people will lose money when they fail.