The Xifra Way of life model has been discontinued. Starting in late April, buyers started to report having issue making withdrawals.
The Ponzi scheme is allegedly on the point of relaunch underneath the title Decentra.
In response to the analysis that was revealed on this web site, Xifra Way of life was nothing greater than a simple Ponzi scheme.
Jonathan Sifuentes, a citizen of Brazil, is believed to have ties to each america and Mexico, and he was the one who ran the rip-off (Texas).
The title “Xifra Way of life” itself gives the look that the corporate is headquartered in Mexico.
In September of this previous yr, Mexican authorities issued a safety fraud alert for Xifra Way of life. After this, on December 8, a advantageous for securities fraud totaling $49,321 was handed down.
After one other eight days, on the sixteenth of December, the area title “decentrauniverse.com” was lastly registered.
Nevertheless, Decentra, had its beginnings a lot sooner than that. Xifra launched the Decentra College pseudo-compliance at an occasion for advertising and marketing in November 2021 that occurred in Cancun.
Talking of cryptocurrencies, XIFRA made a shocking announcement on Sunday that they have been engaged on having their very own token, though this could not go dwell till December 2022. The announcement was made in reference to XIFRA’s work on growing their very own cryptocurrency.
In the course of the ceremony, an announcement was made relating to one other service known as Decentra College. It’s an academic service that can supply coaching materials in quite a few fields and can begin with a great portfolio of knowledge referring to new applied sciences, equivalent to Blockchain and synthetic intelligence, each of that are important foundations at XIFRA.
One of the vital notable features of the Decentra platform is the supply of one-on-one mentoring by John Maxwell within the areas of each management and private growth. This is a crucial spotlight.
It might seem that the preliminary idea has been scrapped in favor of beginning once more with Xifra Way of life by way of Decentra fully.
As early as March of 2021, advertising and marketing efforts for Decentra have been put into movement:
Now, buyers in Xifra Way of life are selling the advertising and marketing angle that Decentra will “take up” Xifra Way of life:
As was talked about beforehand, this comes with the assertion that Xife Way of life’s Ponzi scheme, which is run by way of Decentra, is “registered and compliant within the USA.”
This can be a bunch of horse manure. A search of the SEC’s Edgar database reveals that neither Xifra Way of life nor Decentra, nor Jonathan Sifuentes, are registered to supply securities in america. Equally, Jonathan Sifuentes is just not registered.
The declare made by Michael Anderson is just not solely false, but additionally not shocking.
For a number of months, buyers in Xifra Way of life have been spreading the unfaithful assertion that the corporate is permitted for operation in each Mexico and america.
Decentra portrays itself as a dissident blockchain bro agency that’s managed by individuals whose identities stay secret. In reality, it’s a continuation of Xifra Way of life, which was owned and operated by Jonathan Sifuentes.
Within the yr 2020, the Securities Division of the Arizona Company Fee initiated authorized motion towards Sifuentes for committing securities fraud.
The appliance was linked to prior Ponzi schemes run by Sifuentes and dated all the way in which again to 2017.
“Please check with the next passage from Sifuentes, which may be discovered within the software for the ACC”:
Throughout a presentation that occurred in Sosa’s workplace, Sifuentes assured potential offerees and buyers that MTCoin was a superb funding and that he had already made a big amount of cash from it himself. He additionally acknowledged that the federal authorities didn’t have any management over the corporate as a result of they have been utilizing an unbiased firm for his or her cash accounts.
This made the funding very low-risk and was one of many causes he really useful it. By no means as soon as did he point out the potential risks.
The “unbiased agency” that Sifuente has created for Xifra Way of life is named Decentra. With My Dealer Coin, he’s fulfilling the regulatory preferrred that he was by no means in a position to understand in his actual life.
It might seem that Sifuentes has relocated himself, Xifra Way of life, and Decentra to Dubai as a part of this phantasm.
Nearly all of pyramid schemes on the earth are headquartered in Dubai. Transferring there places Sifuentes past the attain of authorities in america and Mexico, which permits him to hold on his fraudulent exercise towards prospects.
Throughout an look in April 2022 on a YouTube video with the title “The XIFRA/DECENTRA UNIVERSE Story Documentary 2019-2022,” Sifuentes made the declare that he was “the very best paid particular person within the trade of community advertising and marketing.”
“I’m the one on this trade who makes probably the most cash. In the event you take seven individuals from BusinessFromHome and add collectively what they make, you will have an estimate of how a lot cash I make in a given month.”
The advertising and marketing movies that may be discovered on Decentra’s official YouTube channel counsel that the Xifra Ponzi scheme will probably be run concurrently with the Decentra membership rip-off.
For entry to all of Decentra’s companies, the corporate fees a one-time price of $99.95, adopted by a month-to-month price of $34.95, for a complete of $349.95 a yr (a travel-booking engine, Decentra College, and many others.). Bitcoin is the only acceptable type of cost throughout the Decentra ecosystem, and the platform advertises a yearly return on funding of 88%.
Shane Morand and John C. Maxwell, each of whom are residents of america and, except I am mistaken, residents of america, are two notable names within the multi-level advertising and marketing sector who’ve hitched their wagon to Xifra.
Shane Morand is likely one of the individuals who began Organo Gold. After an unsuccessful try to promote crypto fraud to distributors, Morand determined to depart Organo Gold.
Late within the yr 2021, Morand reappeared on the scene as a crypto bro hawking a Ponzi scheme known as Trujivan, which was a malicious program for Tycoon69.
It looks like it did not work out, as Morand is shifting ahead along with his crypto fraud endeavors with Decentra.
Morand relocated to Dubai a couple of months in the past in order that he might extra absolutely dwell out the MLM crypto Ponzi dream:
John C. Maxwell is a well-liked keynote speaker at community advertising and marketing occasions. It might point out that he has been related to Sifuentes for a while now.
The utilization of Maxwell’s title and movie in such a manner as to suggest that Xifra Way of life and Decentra should not Ponzi schemes that interact in securities fraud is widespread.
In response to his LinkedIn profile, Maxwell is at the moment positioned in Florida.
Even if it must be evident that altering the title of your Ponzi scheme and saying that it runs itself to flee regulation is ludicrous, that is the place the multi-level advertising and marketing (MLM) cryptocurrency subject is at.
To take care of the Xifra Way of life Ponzi scheme in its unique kind, all that’s required, along with the inclusion of Dubai, is the recruitment of recent unsophisticated buyers.
In accordance with the assertions made by Xifra Way of life buyers, on Might twenty ninth, the Decentra Xifra Way of life Ponzi scheme goes to be relaunched.