Future Multiverse fails to provide ownership or executive information on its website.
Future Multiverse’s website domain (“futuremultiverse.com”), was privately registered on December 31st, 2023.
While most of the links of Future Multiverse’s website are non-functional, we did find one working link to a “guidebook” hosted on GitHub.
Here we are provided a list of the people behind Future Multiverse:
Founder and Executive Chairman – Simon Voelk (aka Simon Volk)
Co-founder and COO – Stefanie Xu
Representative Chairman – Farzam Kamalabadi
Chief Compliance Officer – Jeff Smith
Chief Sales Officer and Advisory – Helmut Oehrl
Chief Communications Officer – Stefan Breitzke
Simon Volk appears to be from Germany but, as per his LinkedIn profile, resides in Singapore.
No idea what Life Solutions was but FutureX is a collapsed crypto Ponzi built around FXTE token.
Of note is Future Multiverse’s Stephanie Xu also working with Volk on FutureX:
The only other name worth noting on Future Multivere’s executive list in Farzam Kamalabadi.
Kamalabadi popped up on BehindMLM’s radar through
his involvement in Sam lee’ StableDAO Ponzi scheme
.
As per the above marketing slide, Kamalabadi was a StableDAO non-executive Chairman. Kamalabadi also made regular appearances in StableDAO marketing videos:
StableDAO was a continuation of the MLM crypto fraud Lee started with
HyperTech Group and HyperCapital
. The largest HyperTech Ponzi was
HyperFund
, which collapsed in December 2021.
Kamalabadi’s involvement in StableDAO was tied to his part-ownership of the HOO crypto exchange, through which HyperTech investor funds are believed to have been laundered.
HOO disabled investor withdrawals in June 2022, roughly six months after HyperFund collapsed. Another six months later HOO
collapsed
.
HyperTech investor funds stolen through HOO remain unaccounted for.
Sam Lee was
indicted
and
charged by the SEC
in January 2024. At time of publication Lee remains a wanted fugitive hiding in Dubai.
Kamalabadi’s involvement in Future Multiverse appears to be through his company Future Trends Group.
We are connected to the Future Trends Group, led by Dr. Farzam Kamalabadi, through which a global network with around 400 million contacts is directly and indirectly connected to the Future Multiverse.
Kamalabadi’s LinkedIn profile places him in California. Kamlabadi’s Twitter profile lists his location as Beijing, China.
On its GitHub guidebook, Future Multiverse claims it’s run through “a Dubai-based corporate ecosystem”.
Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the
MLM crime capital of the world
.
BehindMLM’s guidelines for Dubai are:
If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.
If you want to know specifically how this applies to Future Multiverse, read o
🤖 Quick Answer
What is Future Multiverse and its operational structure?Future Multiverse is a metaverse-related platform that launched in late 2023, headed by founder Simon Voelk. The organization includes executives such as Stefanie Xu as COO and various department heads. However, the company maintains limited public transparency regarding ownership details and operational specifics.
Why are there concerns about Future Multiverse's legitimacy?
The platform exhibits several red flags including private domain registration, non-functional website links, and lack of transparent ownership information. These characteristics align with patterns commonly associated with fraudulent cryptocurrency schemes and Ponzi structures operating under metaverse pretenses.
Who are the key executives listed for Future Multiverse?
Leadership includes Simon Voelk as Founder and Executive Chairman, Stefanie Xu as Co-founder and COO, Farzam Kamalabadi as Representative Chairman,
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