AuBit Review: Freeway token “no risk” Ponzi scheme

AuBit operates in the cryptocurrency MLM niche.

The company is headed by two CEOs; Sadie Hutton and Graham Doggart. Mark Kearns works as AuBit’s Chief Operation Officer.

Hutton, Doggart and Kearns co-founded Dynamic Abundance in 2012.

Dynamic Abundance claims to offer “fintech advisory” and “strategic services”.

Although Dynamic Abundance’s website is still up, the company appears to be defunct as of 2018.

As per their respective LinkedIn profiles, Kearns Hutton and Doggart are based out of Malta.

Malta is a scam-friendly jurisdiction with little to no active MLM regulation.

Despite its owners representing they are based out of Malta, Aubit provides a corporate address in Seychelles on its website.

Not withstanding Seychelles being another scam-friendly jurisdiction with little to no active MLM regulation, the provided address belongs to multiple businesses.

A third corporate address for AuBit International is provided on AuBit’s website linked “legal document”.

This is another virtual address in the Cayman Islands – yet another scam-friendly jurisdiction with no active MLM regulation.

The use of virtual addresses suggests AuBit exists, if at all, in Seychelles and the Cayman Islands in name only.

Interestingly enough AuBit’s own LinkedIn profile states the company has been in operation since 2017. This aligns with AuBit’s website domain, which was first registered in October, 2017.

Whatever AuBit’s initial incarnation was, it appears to have collapsed.

In February 2021 Sadie Hutton published an article on Medium detailing AuBit’s “relaunch”.

This review is based on that relaunch offering.

Read on for a full review of AuBit’s MLM opportunity.

AuBit’s Products

AuBit has no retailable products or services.

Affiliates are only able to market AuBit affiliate membership itself.

AuBit’s Compensation Plan

AuBit affiliates invest in the company’s own Freeway token.

Once invested in, Freeway tokens are parked in AuBit on the promise of guaranteed annual returns.

AuBitised Bitcoin Supercharger – 33% annual ROI

AuBitised Ethereum SuperCharger – 20% annual ROI

AuBitised Binance Coin SuperCharger – 20% annual ROI

AuBitised USD Supercharger – 43% annual ROI

AuBitised Eurosmith Supercharger – 43% annual ROI

AuBitised Gold Supercharger – 20% annual ROI

AuBitised ADA Supercharger – 20% annual ROI

AuBitised DOT Supercharger – 20% annual ROI

AuBit also claims to offer non-supercharged investment plans. No specific details are provided.

Despite the names, AuBit’s investment plans have nothing to do with their namesakes.

These base products simulate the performance of Bitcoin, Ethereum, and BNB respectively plus incremental growth in volume through AuBit revenue rewards.

AuBit arbitrarily determines ROI percentages.

Note that AuBit charges a “buy-in fee” on each investment but doesn’t disclose the fee amount.

The MLM side of Aubit pays on funds invested by recruited affiliates.

Referral Commissions

AuBit pays a 10% referral commi

🤖 Quick Answer

What is AuBit's business model?

Who leads AuBit?
AuBit is headed by co-CEOs Sadie Hutton and Graham Doggart, with Mark Kearns serving as Chief Operation Officer. All three previously co-founded Dynamic Abundance in 2012.

What jurisdictions are associated with AuBit?
AuBit's leadership operates from Malta, while the company lists a corporate address in Seychelles—both jurisdictions known for minimal cryptocurrency and MLM regulatory oversight.

What was Dynamic Abundance?
Dynamic Abundance was co-founded by AuBit's current leadership in 2012, claiming to provide fintech advisory and strategic services. The company became defunct around

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