Red Flags
2
Alyx Union
Alyx Union’s business model mirrors that of a Ponzi scheme, relying on new investments to pay existing members rather than actual profit generation.
Quick summary on Alyx Union
Ponzi Scheme Structure: New members’ investments are used to pay returns to earlier investors. Unsustainable business model that collapses once new recruits dwindle.
Lack of Transparency: Boris, the CEO, has a shady past and refuses to disclose key details. Company fails to undergo third-party audits, making claims unverifiable.
Aggressive Recruitment Tactics: Promises of high returns pressure participants into further investments. Individuals report losing life savings due to misleading marketing.
Regulatory Issues: Operates in multiple jurisdictions without proper licensing. Authorities have issued warnings, and investigations are underway.
Misleading Technology Claims: Claims of proprietary algorithms are unsubstantiated by independent experts. Little evidence to support the supposed technological advancements.
Intel Reports
by: Elio Spaulding
Why is this even allowed to operate in so many places without a license?? What are regulators doing??
Cons
by: Clarissa Boone
My cousin put money in this n got nothing back. They just tell you "it's being processed" forever. Total fraud.
by: Zain Holden
I lost my savings in something similar few years ago. These things always start with hype, but the end is always disaster. Be careful, people.
by: Alondra Estes
Sounds just like another crypto rugpull but wrapped in fake tech buzzwords. Algorithms my foot.
by: Laylani Blevins
Regulatory warnings about Alyx Union came too late for me. Lost $6,800 and learned a hard lesson about due diligence.
by: Denver Akers
Invested $8,000 with Alyx Union, lured by their promises. Now, withdrawals are impossible, and support is unresponsive. Feels like a scam.
by: Kaitlyn Hughes
The authorities warned about them, but I ignored it now I’ve lost $10,200, and I wish I had listened.
by: Justin Reed
Everything about Alyx Union felt legit until my withdrawal got delayed now I’m out $7,900, and it’s clear I was scammeedddd
by: Julia Scott
I put $9,500 into Alyx Union, believing their promises now my account is locked, and support won’t even reply.
by: Meadow Simmons
No audits, no transparency, no accountability—yeah, seems totally legit (not).
Cons
by: Ezra Ward
Investors lose money once new recruits stop joining.
Cons
by: Sadie Foster
They got more warnings from regulators than a high school kid skipping class.
Cons