iX Global, its CEO and several promoters have been sued for securities fraud by the SEC.

Between iX Global and its Debt Box ruse, the SEC’s July 26th filed Complaint names eighteen defendants.

iX Global
launched in 2020 and is headed up by US national Joe Martinez.

Prior to launching IX Global, Martinez was a promoter of Investview’s fraudulent
Kuvera Global
investment scheme. iX Global’s top promoters and earners are also former Kuvera Global promoters.

Investview rebranded Kuvera Global as
iGenius
after the
CFTC filed fraud charges
in 2018.

iX Global’s original business model combined a personal development platform and an AI trading bot investment scheme.

At least two other MLM companies were fed into iX Global since its launch.

In 2021 Richard Smith
dumped what was left of his failed R Network MLM company into iX Global
.

In March 2023 Cory Kromray
did the same with Driven Trading
.

Neither Smith or Kromray are named defendants in the SEC’s iX Global lawsuit.

In 2022 iX Global partnered up with Debt Box. This partnership saw iX Global investors invest in “x-node” positions.

X-node positions purportedly generated passive revenue for iX Global investors through crypto mining and various ruses.

Defendants have represented that the value of each crypto asset is tied to profits generated by various underlying businesses performing, inter alia, gold mining, oil drilling, satellite scanning, beverage sales, and other so-called “commodity projects.”

The SEC alleges iX Global’s x-node positions were an “unregistered fraudulent offering”.

The SEC’s July 26th Complaint, filed in Utah, names eighteen defendants:

Digital Licensing Inc (dba Debt Box) – Wyoming registered company

Western Oil Exploration Company – Nevada registered company, owned by James Franklin

iX Global – MLM company offering fraudulent investment contracts

B&B Investment Group (dba Core 1 Crypto) – Utah registered company, owned by Benjamin Daniels and Mark Schuler

BW Holdings LLC (dba The Fair Project) – Utah registered company, owned by Alton Parker, Benjamin Daniels and Mark Schuler

Jason R. Anderson – co-owner Debt Box, Utah resident

Jacob S. Anderson – co-owner Debt Box, Utah resident

Schad E. Brannon – co-owner and President of Debt Box, California resident

Roydon B. Nelson – co-owner, Director and Treasurer of Debt Box, Utah resident

James E. Franklin – founder and President of Western Oil Exploration Company, also sued by the SEC twice for fraud in the past

Ryan Bowen – promoter of Debt Box, Utah resident

Joseph Anthony Martinez – founder and CEO of iX Global, Utah resident

Benjamin Frank Daniels – iX Global promoter and top earner, Utah resident

Mark W. Schuler (aka Billy Beach) – iX Global promoter and top earner, Utah resident

Travis A. Flaherty – iX Global promoter and top earner, Arizona resident

Alton O. Parker – Debt Box promoter, Utah resident

Brendan J. Stangis – Debt Box promoter, Michigan resident

Matthew D. Fritzsche – Debt Bo

🤖 Quick Answer

What is the SEC's fraud lawsuit against iX Global?
The SEC filed a complaint on July 26th naming eighteen defendants, including iX Global, its CEO Joe Martinez, and several promoters, alleging a $49 million securities fraud scheme involving a Debt Box investment platform disguised as an AI trading bot combined with personal development services.

Who is Joe Martinez and what is his history?
Joe Martinez is a US national and CEO of iX Global, founded in 2020. Prior to establishing iX Global, he actively promoted Investview's fraudulent Kuvera Global investment scheme, which was rebranded as iGenius after CFTC fraud charges in 2018.

What business model did iX Global employ?
iX Global's original business model integrated a personal development platform with an AI trading bot investment scheme. The company subsequently absorbed at least two additional MLM companies since its launch in

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