LedgerBlock operates in the MLM cryptocurrency niche.

LedgerBlock operates from the domain “ledgerblock.net”, privately registered on January 13th, 2023.

On January 12th, LedgerBlock uploaded an “International Key Leader’s Summit” promo to its official YouTube channel.

The individuals above identify themselves as “Romeo and Amanda”.

If LedgerBlock posting a leader’s summit video before its website domain was registered strikes you as odd, that’s because it is.

Note the “HyperLedger” logo in the top right of the above video. I believe LedgerBlock might have previously launched under this name.

LedgerBlock’s YouTube channel was created in October 2022, so HyperLedger’s launch would have been brief before switching over to LedgerBlock.

Whatever the story is, LedgerBlock appears to have held a marketing event in Malaysia on or around January 15th, 2023.

At the event LedgerBlock revealed CEO “Andrew James”:

Naturally James doesn’t exist outside of LedgerBlock’s marketing. That’s because he’s an actor, played by UK national and Malaysian resident Paul Sykes.

When he’s not moonlighting as a Boris CEO, Sykes runs his consultancy firm Humateca.

From Humateca’s website;

We partner with blochain [sic] businesses, one of our key strategic partners is Blockworq.io, a Malaysian based Blockchain solutions provider.

Sykes is also Blockworq’s Chief Marketing Officer (click to enlarge):

From what I’ve been able to piece together, Sykes transitioned from legitimate business interests to cryptocurrency in 2021.

Sykes’ Blockworq executive role came before Humateca, which was founded on or around September 2022.

What I’m not clear on is whether there’s any links between Blockworq and LedgerBlock.

What is clear is Paul Sykes is a Boris CEO playing Andrew James.

Executive co-conspirators on LedgerBlock’s website include Adam Lester and Dato Asmawey Bin Hussain.

Ironically, Hussain is cited as President of Crime Prevention & Awareness Board of Malaysia.

Be it these charlatans or someone else, whoever is running LedgerBlock is obviously based out of Malaysia.

Dubai, the
MLM crime capital of the world
, is another possibility:

Promoters are running around claiming LedgerBlock is holding an event in Dubai in May. At the event LedgerBlock will launch an “avatar” shitcoin and in-house crypto exchange.

On the corporate side of things, LedgerBlock cites itself as “SMB LedgerBlock China Group”:

Oh and just in case Paul Sykes tries to pull the ol’
“they stole my photo!”
ruse, here he is
playing Andrew James in-person
at LedgerBlock’s January 2023 marketing event:

As of February 2023, SimilarWeb ranks top sources of traffic to LedgerBlock’s website as Indonesia (47%), Malaysia (21%, down 61% month on month), Sri Lanka (20%), Brazil (8%) and the UAE (3%).

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.

LedgerBlock’s Products

LedgerBlock has no retail

🤖 Quick Answer

What is LedgerBlock's operational structure?
LedgerBlock operates as an MLM cryptocurrency platform operating from ledgerblock.net, registered January 13th, 2023. The company focuses on metaverse staking services within the cryptocurrency niche, with leadership promoting through video summits distributed via YouTube channel established October 2022.

What rebranding evidence exists for LedgerBlock?
LedgerBlock's promotional materials display a "HyperLedger" logo, suggesting previous operation under that name. The brief timeline between YouTube channel creation (October 2022) and domain registration (January 2023) indicates rapid rebranding, potentially consolidating prior cryptocurrency ventures.

What timeline inconsistencies characterize LedgerBlock's launch?
LedgerBlock uploaded an "International Key Leader's Summit" promotional video January 12th, 2023, one day before domain registration January

🔗 Related Articles

- Defi Synergy Review: AI trading bot ruse MLM crypto Ponzi
- How Navniit Kkhosla recovered money from Speak Asia
- Lucent Trader Review: 20% a week stolen identity Ponzi
- $48 million clawback lawsuit filed against Traffic Monsoon scammers
- BixoTrade Review: 200 day ROI trading Ponzi scheme