Bellator has revealed a series of debit cards of unknown origin to their MLM crypto investors.
In Bellator CEO and owner Micah Theard’s
own words
, the idea behind the cards is to allow investors to
[31:35] creat[e] a virtual bank account with a crypto friendly bank. And in that account you can buy and sell crypto without being punished for it.
That account is your account. So when you wire or move money to that account, you’re basically sending it from your local bank to your online bank but it’s to your self.
Now the card is independent from that account. The card itself um, when the crypto comes and you move it to that card,
you’ve never really taken money into your name.
You’re basically moving crypto to cash to a card, so you never actually own it in your name.
But the card is there and you can use it by using it anywhere they accept MasterCard. Or you can go to an ATM and you can take cash if you need cash for what you’re doing.
Needless to say allowing clients to shuffle money around globally with no KYC is pretty much violates laws in every country with a regulated financial system.
Furthermore the practice of money laundering, in addition to being illegal, most certainly violates MasterCard’s merchant terms of service.
And all of this is on top of
Bellator’s unregistered crypto node investment scheme
. To that end, just in case there was any question over what Bellator’s cards are intended to be used for;
[34:34] You’re earning everyday on your nodes and if you want to spend some of that money, then get yourself the card.
Now you can have dinner on the node, you can uh, get a massage on the node, you can maybe take a small trip on the node. And eventually the node can be paying for your entire life as Miracle Pay continues to grow.
Instead of selling cards through Bellator, Miracle Cash & More, or any existing related entities that might trigger regulatory red flags, Bellator’s new cards are provided through “Miracle Neo”.
Miracle Neo has been set up on the domain “miracleneo.com”, recently registered on April 9th, 2025.
Ironically, despite Theard’s comments about “moving money around without using your name”, on its website Miracle Neo claims it
works with regulated financial institutions and follows strict KYC (Know Your Customer) and AML (Anti-Money Laundering) standards.
Bellator’s Miracle Neo cards, provided through an unknown processor, cost between $99 to $550.
Theard claims Bellator is looking into offering more expensive cards “made out of real gold and silver and diamonds”.
It’s assumed the more expensive cards allow investors to launder more funds but this isn’t clarified.
On the MLM side of things, Bellator affiliates earn commissions on the sale of cards down ten levels of recruitment (unilevel):
$99 card pays $22 on level 1 (personally recruited affiliates), 7% on level 2, 6% on level 3, $5 on level 4, 4% on level 5 and $3 on levels 6 and 7
$450 card pays $75 on level 1, $24 on level 2, $20 on level
🤖 Quick Answer
What are Bellator's Miracle Neo money laundering cards?Bellator, a company led by CEO Micah Theard, introduced a series of debit cards marketed to its MLM crypto investors. According to Theard, the cards are designed to convert cryptocurrency to cash without funds appearing in the cardholder's name, raising significant concerns about potential money laundering and regulatory compliance violations.
How do Bellator's Miracle Neo cards function according to the company?
As described by Micah Theard, the system involves creating a virtual bank account with a crypto-friendly institution. Cryptocurrency is moved to the card and converted to cash, purportedly without the funds being formally held in the user's name, effectively bypassing conventional banking documentation and personal ownership records.
Who is behind the Bellator Miracle Neo card scheme?
Bellator CEO and owner Micah Theard publicly
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