Despite being promoted, as far as I know DEFI Money Club doesn’t yet have a website. Or if it does, it’s not being shared with the public.

Why the secrecy?

On November 16th, 2024, serial scam promoter Sal Khan published a YouTube video citing Daniel Pacheco as DEFI Money Club’s CEO.

In addition to CEO, Khan also cites Pacheco as the “creator of DEFI Money Club”.

Daniel Pacheco, aka Danny Pacheco, made a name for himself circa 2013 as a promoter of the
Lucrazon Global
Ponzi scheme.

Pacheco would go on to launch his own scam,
iPro Network
, in 2017.

iPro Network was attached to the ProCurrency altcoin (PROC). iPro Network offloaded pre-generated PROC onto its affiliates, on the usual promises of riches.

On the MLM side of things, iPro Network paid commissions on recruitment of new affiliate investors.

By mid 2018 iPro Network itself had collapsed. In a desperate bid to keep the company going the association was PROC was abandoned (typical MLM altcoin exit-scam).

It was around this time that
iThrive Network
was announced. iThrive Network dropped iPro Network’s crypto Ponzi to solely focus on “education package” pyramid recruitment.

The SEC
sued Pacheco
in May 2019, alleging iPro Network was a $26 million dollar pyramid scheme.

IPro was a fraudulent pyramid scheme. IPro’s inevitable collapse was hastened by Pacheco’s fraudulent use of investor funds, which included, among other things, the all-cash purchase of a $2.5 million home and a Rolls Royce.

Pacheco’s misappropriation accelerated the rate at which IPro became unable to pay the commissions and bonuses due its investors.

Pacheco’s
initial response to the SEC’s lawsuit
saw him claim he couldn’t be sued, because “the SEC did not suffer any actual damages”.

Pacheco would go on to
settle iPro Network fraud claims with the SEC
in December 2022. A
$2.1 million final judgment was entered against Pacheco
in September 2023.

Now, roughly a year later, Pacheco has resurfaced with DEFI Money Club.

Read on for a full review of DEFI Money Club’s MLM opportunity.

Defi Money Club’s Products

There are three components to DEFI Money Club:

DEFI Gold Club – a purported “gold backed” NFT investment scheme

DEFI Trading Academy – education package pseudo-compliance with trading signals service

Omni – passive returns through purported automated forex trading

DEFI Gold Club
sees DEFI Money Club sell NFT investment positions. The company claims the NFT values are pegged to gold, offering potential investors a potential passive ROI.

Access to DEFI Gold Club costs between 500 and 7000 tether (USDT):

Gold 1 – 500 USDT access fee, able to invest up to ($10,000?) with a 10% investment bonus

Gold 2 – 1000 USDT access fee, able to invest up to $25,000 with a 15% investment bonus

Gold 3 – 3000 USDT access fee, able to invest up to $50,000 with a 20% investment bonus

Gold 4 – 7000 USDT access fee, able to invest up to $100,000 with a 25% investment bonus

DEFI Trading Academy 
is a tradin

🤖 Quick Answer

What is DEFI Money Club and who founded it?
DEFI Money Club is a multilevel marketing venture created by Daniel Pacheco, also known as Danny Pacheco. Pacheco was publicly identified as the company's CEO in November 2024. He previously gained notoriety as a promoter of the Lucrazon Global Ponzi scheme around 2013 and later launched iPro Network in 2017.

What was iPro Network and how did it operate?
iPro Network was a multilevel marketing company launched by Daniel Pacheco in 2017. It was linked to the ProCurrency altcoin (PROC) and operated by distributing pre-generated PROC tokens to affiliates with promises of financial returns. Its compensation structure paid commissions based on the recruitment of new participants.

What is the connection between DEFI Money Club and iPro Network?
DE

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