BitCoins Wealth Club isn’t an MLM opportunity in and of itself per se. Rather it’s a funnel for a plethora of MLM bitcoin Ponzi scams.

BitCoins Wealth Club was founded by Vitaliy Dubinin, who is based out of Karmiel, Israel.

As per a personal bio used to promote My Lead System Pro (a recruitment based pyramid scheme), Dubinin (right) claims he was “introduced to network marketing industry in 2006” [sic].

I failed miserably in several MLM companies.

In 2010 I was doing my best to make it happen online but for many months I made $0.

My daughter Lital was born in 2009 and I had to support my new family, I couldn’t go on for long without any income.

My mom insisted all the time that I need to get a degree in the University and then get a job.

After studying for a finance and management degree, Dubinin signed up with My Lead System Pro in 2014.

And so began the career of what appears to be a serial scammer. Since My Lead System Pro Dubinin has recruited anyone who will follow him into any number of dubious opportunities.

He gets his cut, and then it’s onto the next recruitment scam.

In early 2017 Dubinin published a guide containing “5 steps to easily recruit 30+ new members per month”.

In the guide Dubinin claimed;

Over the last year in 2016 I’ve been blessed to earn over $236,000 online and recruit over 449 people into several affiliate programs.

This year 2017 I’m prepared to earn over $1,000,000 online.

As with the rest of the MLM underbelly, in 2017 Dubinin primarily switched to cryptocurrency scams.

That saw him launch Bitcoins Wealth Club, which today boasts 78,879 affiliates.

BitCoins Wealth Club has no retailable products or services.

Affiliate membership is free and provides access to a series of training modules:

Module 1 – How Bitcoins Wealth Club can help you massively grow your wealth

Module 2 – What is bitcoin & why it’s completely revolutionizing money

Module 3 – The secret to wealth acceleration

Module 4 – How to passively multiply your money by 5x over and over again and earn multiple streams of residual income

Module 5 – How Bitcoins Wealth Club System works & how to promote it to accelerate your wealth

Module 6 – How to trade cryptocurrencies yourself & invest into altcoins

Module 7 – How to achieve your dreams with Bitcoins Wealth Club System

I could go into the merits of Bitcoins Wealth Club’s modules… but really there’s no point.

Bitcoins Wealth Club’s “educational” modules target those new to cryptocurrency. This is done for the sole purpose of making them receptive to the various scams Dubinin promotes to them.

In this sense Module 4 is key to dissecting the company.

Once given basic information on bitcoin, MLM underbelly scams Dubinin pushes onto the Bitcoins Wealth Club downline include:

USI-Tech

The Bitcoins Wealth Club pitch:

Discover how this secret wealth strategy generates me over $10,000+ every day.

How regular people multiply they [sic] money by 5x a year passively & 2 strategies to bec

🤖 Quick Answer

What is BitCoins Wealth Club and its connection to Vitaliy Dubinin?
BitCoins Wealth Club is a funnel operating multiple MLM bitcoin Ponzi schemes, founded by Vitaliy Dubinin based in Karmiel, Israel. Rather than functioning as independent MLM opportunity, it directs participants toward various cryptocurrency-based pyramid schemes and fraudulent ventures.

Who is Vitaliy Dubinin and what is his background?
Vitaliy Dubinin is an Israeli-based entrepreneur who claims entry into network marketing in 2006. He promoted recruitment-based pyramid schemes including My Lead System Pro. His background includes unsuccessful MLM ventures and early struggles generating online income before pursuing finance and management studies.

How does BitCoins Wealth Club operate as a Ponzi feeder?
BitCoins Wealth Club functions as a distribution channel connecting participants to multiple bitcoin-

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