Aurum Foundation
Summary
Aurum Foundation is a Dubai-based MLM crypto Ponzi scheme that launched in mid-2024, promising monthly returns of 9.48% to 15.01% through an alleged AI trading bot called EX-AI, with no on-chain evidence of genuine trading activity. The scheme attracted regulatory fraud warnings from at least ten jurisdictions across Europe, Asia, Africa, and Oceania before collapsing on July 30, 2026, with operators issuing a 'we got hacked' announcement widely characterized as a classic exit-scam cover story. On-chain analysis identified approximately $31.7 million transiting through core wallets over a 17-day window, consistent with redistribution to early investors rather than external trading profits.
Connected Entities
1 entities · 10 linked investigations- + 9 more
Community submissions
- Under reviewincriminatingWayback pending8/4/2026, 4:19:33 PM
“BehindMLM July 30, 2026 report confirming exit scam event — principals absconded and ~$83.5M in deposits are unrecoverable”
— avoid-scout
Timeline(19 events)
2024-07-01
Aurum Foundation launches from Dubai, offering AI trading bot and MLM investment structure with monthly returns of 9.48% to 15.01%.
BehindMLM2025-02-01
Bryan Benson, a Peruvian national formerly at Binance Latin America, is appointed CEO to replace Jan Kroger as the public-facing frontman.
BehindMLM2025-07-18
Bank of Russia internally detects signs of a financial pyramid in Aurum Foundation's operations.
Bank of Russia official warning list2025-10-07
Bank of Russia updates its official warning-list entry for Aurum Foundation.
Bank of Russia official warning list2026-01-22
Nigeria's Securities and Exchange Commission issues a fraud warning against Aurum Foundation, stating it is not licensed to solicit investments in Nigeria.
BehindMLM2026-01-01
Central Bank of Russia formally publishes its pyramid scheme warning for Aurum Foundation (approximately January 2026 based on reported timeline).
BehindMLM2026-05-15
Greece's Hellenic Capital Market Commission (HCMC) issues a securities fraud warning against Aurum Foundation Ltd.
BehindMLM2026-05-18
New Zealand's Financial Markets Authority (FMA) publishes a warning about Aurum Foundation, citing overseas pyramid-type scheme warnings.
Financial Markets Authority New Zealand2026-06-11
Poland's Financial Supervision Authority (KNF) files a criminal referral to the Warsaw Prosecutor for suspected banking fraud related to Aurum Foundation.
BehindMLM2026-06-12
France's AMF places aurum.foundation and aurum-foundation.com on its nationwide crypto-assets blacklist for operating without authorization.
BehindMLM2026-06-22
Australia's ASIC issues its first warning that Aurum Foundation may be offering financial services to Australians without a license.
BehindMLM2026-06-23
Hong Kong's Securities and Futures Commission adds Aurum Foundation to its alert list as a suspicious virtual asset trading platform, confirming the entity holds no SFC license and that its CEO's licensing claims were false.
crypto.news / SFC2026-06-27
Aurum Foundation announces the Neyro rebrand in an attempt to distance itself from regulatory scrutiny, introducing a NEYRO token.
BehindMLM2026-06-29
Disruption Banking publishes undercover reporting from an Aurum Foundation recruiting call, documenting deliberate avoidance of investment-related terminology.
Disruption Banking2026-07-26
Withdrawal delays begin; Aurum Foundation attributes the issue to a 'Web3 infrastructure transition.'
BehindMLM2026-07-30
Aurum Foundation announces it was 'hacked,' claiming attackers gained unauthorized access to user funds during infrastructure migration. Investigative reporting characterizes this as an exit-scam pretext.
BehindMLMDecision Log
- #1publish⛓ pending8/4/2026, 12:06:38 PMhash: AH4oeCpacWP3GiYquzcHRoTaGSTvPJK8gNg3ddzfhDzy
15 of 19 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 8/4/2026, 12:06:25 PM
last updated: 8/4/2026, 4:11:10 PM
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