Alyx Union fails to provide ownership or executive information on its website.

Alyx Union’s website domain (“alyxunion.com”), was privately registered on October 30th, 2023.

Web access to Alyx Union’s root domain is disabled. Instead the MLM opportunity is hosted on a “dapp” subdomain.

At time of publication this is nothing more than an affiliate sign up page:

Despite only existing for a few months, Alyx Union held a staged “
year end celebration event
” in December.

The event was held in Chinese at the Regal Airport Hotel in Hong Kong…

…and featured a bunch of token white guys playing fictional executives.

The ringleader of the bunch is CEO “Ryan Stasser”, played by this guy:

Naturally Strasser doesn’t exist outside of Alyx Union marketing. This includes a repurposed Twitter profile, full of retweet spam backdated to 2021.

And a fake LinkedIn profile:

I wasn’t able to pin down a name but did tie whoever is playing Strasser to China.

What you’re looking at there is a promo photo on A Heart For China’s website.

A Heart For China is a Shenzen based charity run by Belgian national Ronny Verdoodt. The guy playing Ryan Strasser appears to have volunteered at A Heart for China circa 2017.

The Chinese scammers actually running Alyx Union are likely based out of Hong Kong or Singapore.

Dubai, the
MLM crime capital of the world
, is another possibility.

BehindMLM’s guidelines for Dubai are:

If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.

If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Alyx Union, read on for a full review.

Alyx Union’s Products

Alyx Union has no retailable products or services.

Affiliates are only able to market Alyx Union affiliate membership itself.

Alyx Union’s Compensation Plan

Alyx Union affiliates invest $100 or more in tether (USDT).

This is done on the promise of passive 0.3% daily return. If an Alyx Union agrees to lock up their funds for 100 days, this increases to up to 1.3% a day.

Alyx Union pays returns in aelf (ELF), an obscure shitcoin that pumped and dumped back in 2018.

ELFU as “aelf union” is also cited. I believe this is a shitcoin tied to Alyx Union.

Alyx Union also allows affiliates to invest various cryptocurrencies into a convoluted staking scheme:

Returns based on arbitrary payouts scale down from 16% to 1% over an indeterminate amount of time.

The MLM side of Alyx Union pays on recruitment of affiliate investors.

Alyx Union Affiliate Ranks

There are ten affiliate ranks within Alyx Union’s compensation plan.

Along with their respective qualification criteria, they are as follows:

V0 – sign up as an Alyx Union affiliate and invest $100

V1 – invest $500, recruit two V0 or higher ranked affiliates and generate at least $30,000 in total downline investment

V2 – invest $1000, recruit two V1 or higher ranked affiliates and generate at least $100,000

🤖 Quick Answer

What is Alyx Union and its corporate structure?
Alyx Union is a cryptocurrency-based multilevel marketing platform that lacks transparent ownership information on its website. The domain was privately registered in October 2023, with operations conducted through a subdomain rather than the main site. The company claims executive leadership but provides limited verifiable corporate documentation.

Why are there concerns about Alyx Union's legitimacy?
The organization held a staged year-end event in Hong Kong featuring individuals portrayed as executives, including CEO "Ryan Stasser," whose identity cannot be independently verified outside company marketing materials. The use of fictional personas and limited corporate transparency raises questions about operational authenticity and regulatory compliance.

How does Alyx Union operate as a business model?
Alyx Union functions as an MLM cryptocurrency opportunity, with its primary online presence being an affiliate sign-up page hosted on a subdomain. The company lacks conventional corporate infrastructure, including

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