HelixxMine provides no information on their website about who owns or runs the business.

The HelixxMine website domain (“helixxmine.com”) was registered on March 7th, 2018.

“Helixx Mine” is listed as the owner, through a residential address in London, UK.

The same address appears on HelixxMine’s website, as well as an incorparation number that corresponds with “Helix Global Co LTD” (May 2018).

UK incorporation is dirt cheap and for the most part unregulated. It is a favorite for scammers looking to incorporate dodgy companies.

On their website HelixxMine claims its

mining facility is based in South East Asia.

We have offices in Thailand and Indonesia who take care of our Asia Pacific clientele as well as a registered company in the United Kingdom who deals with our European clients.

No evidence of any of HelixxMine’s marketing claims are provided.

At the time of publication Alexa cites Iran as the top source of traffic to the HelixxMine website (18%).

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

HelixxMine Products

HelixxMine has no retailable products or services, with affiliates only able to market HelixxMine affiliate membership itself.

The HelixxMine Compensation Plan

HelixxMine affiliates invest funds on the promise of an advertised ROI.

A ROI calculator is provided on the HelixxMine website:

an investment of $100 corresponds with a $24.68 monthly ROI

an investment of $1010 corresponds with a $249.32 monthly ROI

an investment of $10,000 corresponds with a $2468.49 monthly ROI

From this we can calculate HelixxMine are guaranteeing a monthly ROI of about 24% to 25%.

Residual Commissions

HelixxMine pay affiliates residual commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

HelixxMine cap residual commissions down five unilevel team levels.

Residual commissions are paid out as a percentage of invested funds across these five levels as follows:

level 1 (personally recruited affiliates) – 10%

level 2 – 4%

levels 3 – 2%

levels 4 and 5 – 1%

HelixxMine affiliates who qualify for Platinum status receive an increased 10.8% level 1 commission rate.

HelixxMine do not provide Platinum status qualification criteria.

Joining HelixxMine

HelixxMine affiliate membership is free.

The minimum investment amount provided on the company’s ROI calculator is $20.

Conclusion

HelixxMine presents itself as your typical illegal MLM cryptocurrency unregistered securities offering.

The company clearly promises a

🤖 Quick Answer

What information does HelixxMine disclose about its ownership and management?
HelixxMine provides no details about its owners or operators on its website. The domain was registered March 7th, 2018, under "Helixx Mine" at a residential London address. An incorporation number links to "Helix Global Co LTD," established May 2018. The company claims mining operations in Southeast Asia, with offices in Thailand and Indonesia.

Why is UK incorporation considered a concern for cryptocurrency mining operations?
UK company registration is inexpensive and largely unregulated, making it an accessible option for establishing business entities with minimal oversight. This characteristic has made UK incorporation popular among operators establishing cryptocurrency-related ventures, including those of questionable legitimacy.

Where does HelixxMine claim to operate its mining facilities?
HelixxMine states its mining facility is located in Southeast Asia, specifically ment

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