DSJEX / BG Wealth Sharing
Summary
DSJEX (DSJ Exchange PTY Ltd) and its sister recruitment platform BG Wealth Sharing LTD operated for approximately twelve months as a coordinated fake AI trading platform and multi-level marketing Ponzi scheme, collapsing in late April and early May 2026 with estimated investor losses exceeding $150 million. The scheme attracted victims through promises of 1.3%–2.6% daily returns, a fabricated CEO persona, and MLM referral commissions, while operators ran simulated trading on a fraudulent backend. Following a U.S. domain seizure and law enforcement action on April 23, 2026, operators laundered over $92 million across Ethereum and Tron before a coordinated effort by on-chain investigator ZachXBT, Tether, Binance, OKX, and U.S. law enforcement froze $41.5 million in stolen funds.
Timeline(18 events)
2025-01-01
BG Wealth Sharing and DSJ Exchange begin operations, offering 1.3%–2.6% daily returns through alleged AI trading signals. Scheme linked to Shunda compound operations in Myanmar.
CryptoTimes: How DSJ Exchange Operated for 12 Months2025-04-25
New Zealand Financial Markets Authority issues initial warning about scam targeting Tongan communities, listing associated websites under the TXEX network.
New Zealand FMA Media Release2025-05-07
UK Financial Conduct Authority publishes warning that DSJ Exchange (dsjex.net) is not authorized and may be providing financial services or products without FCA permission.
FCA Warning: DSJ Exchange / dsjex.net2025-11-01
Shunda compound in Min Let Pan, Myanmar — alleged forced labor operation supporting TXEX/DSJ scam networks — is seized by the Karen National Liberation Army.
DOJ charges / Yahoo News2025-12-01
National Reserve Bank of Tonga issues a public warning identifying BG Wealth Sharing / DSJEX as a fraudulent investment platform targeting Tongan communities.
CryptoTimes: How DSJ Exchange Operated for 12 Months2026-01-01
British Columbia Securities Commission and Canadian Securities Administrators issue investor alerts about BG Wealth Sharing.
CryptoTimes: How DSJ Exchange Operated for 12 Months2026-01-28
Philippines Securities and Exchange Commission (Butuan Extension Office) issues advisory classifying BG Wealth Sharing LTD as an unregistered entity operating a Ponzi scheme, specifically targeting overseas Filipino workers.
BitPinas: Philippines SEC Issues Advisory Against BG Wealth Sharing2026-02-01
Alberta Securities Commission issues investor alert warning about BG Wealth Sharing.
Yahoo Finance / Alberta Securities Commission2026-03-01
Swift Wave Capital (VCEX / Value Chain) documentation begins circulating, suggesting pre-planned successor platform before DSJ collapse. Saskatchewan Financial and Consumer Affairs Authority issues warning.
CryptoTimes: New Pipeline Model Behind 2026 Crypto Fraud2026-04-10
Washington State Department of Financial Institutions issues alert warning investors that BG Wealth Sharing and DSJ Exchange may be perpetrating an advance fee scam.
Washington State DFI Alert2026-04-23
U.S. Department of Justice, FBI, Secret Service, and Scam Center Strike Force seize bgwealthsharing.com domain under Operation Level Up. DOJ simultaneously unseals wire fraud conspiracy charges against Huang Xingshan and Jiang Wen Jie for operating forced labor scam compound in Myanmar.
Yahoo News / DOJ announcement2026-04-27
Operators begin laundering over $92 million from DSJ and BG Wealth hot wallets across Ethereum and Tron networks, using Tokenlon, Bridgers, Butter Network, and USDT0 bridges, consolidating through hundreds of addresses into Cobo (~$63M) and OKX (~$30M).
Blockonomi: $150M DSJ Exchange Ponzi Scheme Collapses2026-05-02
Stephen Beard releases video demanding a 12% 'tax' on user account balances within five days (May 2–6) under the pretext of an IPO and regulatory compliance — the scheme's exit scam phase.
BitPinas: BG Wealth Collapses2026-05-03
Laundering operation concludes. Platform goes fully offline. Estimated total investor losses exceed $150 million.
Blockonomi: $150M DSJ Exchange Ponzi Scheme Collapses2026-05-04
Tether blacklists 19 TRON addresses associated with the laundering operation, freezing $38.4 million in USDT. Additional $3.1 million frozen across other services and exchanges. Total frozen: $41.5 million.
CryptoTimes: Tether Freezes $38M USDT After $150M DSJ Ponzi Collapse2026-05-05
On-chain investigator ZachXBT publicly announces the collapse of DSJEX/BG Wealth Sharing, documenting the $150M+ loss estimate, the $92M laundering operation, and the $41.5M freeze.
Bitcoinist: ZachXBT $150M DSJ Crypto Ponzi Collapses2026-05-15
Washington State DFI updates its alert to warn that victims are being redirected to HQI Exchange (HQIEX) and asked to deposit additional funds to transfer their accounts.
Washington State DFI Alert (updated)2026-05-16
CryptoTimes publishes investigation documenting the pipeline model — same promoters now pushing Swift Wave Capital and HQI Exchange in the same Telegram and BonChat channels previously used for DSJEX/BG Wealth recruitment.
CryptoTimes: How BG Wealth and DSJ Exposed New Pipeline ModelDecision Log
- hash: 3yTf9eB36synAZf2xEjXVRYG94MJxkCtcsHa3Q7UfwwV
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 5/22/2026, 5:57:21 AM
last updated: 5/22/2026, 2:42:23 PM
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