Bellator Life has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).
ASIC
added Bellator Life to its Investor Alert List
on October 23rd, 2025.
[Bellator Life] may be offering or advertising, or may have offered or advertised, financial services to Australian consumers.
It does not hold an Australian financial services licence or Australian credit licence from ASIC, and is not authorised by a licensee.
ASIC cites Bellator Life through a Hong Kong corporate address. Bellator Life’s YouTube channel and Twitter profile are also flagged.
Bellator Life
is a continuation of securities fraud started with the collapsed
CashFlow NFT
Ponzi scheme.
Entities related to Bellator Life include Miracle Cash & More, which New Zealand
issued a fraud warning against
in June 2025.
Bellator Life is fronted by former
OneCoin
Ponzi promoter Micah Theard:
MiracleCash & More is fronted by convicted fraudster Hakan Torehan:
Like CashFlow NFT, Bellator Life is an MLM crypto Ponzi. Since launch, Bellator Life has:
launched
Miracle Neo money laundering cards
;
rolled out a
Ponzi app powered by Iterato
; and
instructed promoters to
hide associations with third-party financial partners
As of September 2022, SimilarWeb was tracking ~202,000 monthly visits to Bellator Life’s website. Top sources of Bellator Life website traffic are the US (71%) and the Dominican Republic (29%).
In addition to Australia, Bellator Life is not registered to offer securities in either the US or the Dominican Republic.
🤖 Quick Answer
What is the Bellator Life securities fraud warning from Australia?The Australian Securities and Investments Commission (ASIC) added Bellator Life to its Investor Alert List on October 23rd, 2025. ASIC confirmed Bellator Life does not hold an Australian financial services licence or credit licence and is not authorised by any licensee to offer financial services to Australian consumers.
What entity is Bellator Life linked to?
Bellator Life is identified as a continuation of securities fraud originating from the collapsed CashFlow NFT Ponzi scheme. Related entities include Miracle Cash & More, which received regulatory action from New Zealand authorities. ASIC cited Bellator Life through a Hong Kong corporate address and flagged its YouTube and Twitter profiles.
Why was Bellator Life placed on ASIC's Investor Alert List?
ASIC placed Bellator Life on its Investor
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