LeftCoins fails to provide verifiable ownership or executive information on its website.

LeftCoins is purportedly headed up by CEO “Arnold Mitchell”.

Mitchell of course doesn’t exist outside of LeftCoins’ marketing material. That’s because Arnold Mitchell is played by Yukhimenko Grigory (Юхименко Михаил).

Grigory is an English teacher based out of Ukraine. To hide his accent, LeftCoins dubbed Grigory over in the marketing video he features in.

Boris CEO MLM companies are typically the work of Russian scammers. Whether Grigory was hired by Russian or Ukrainian scammers is unclear.

In an attempt to appear legitimate, LeftCoins provides a ASIC registration details for the shell company “LeftCoins Digital Algorithms PTY LTD.

ASIC are known for non-regulation of MLM fraud. Furthermore anyone can register a company with ASIC using whatever bogus details, there is no verification.

For this reason ASIC registration is favored by scammers residing outside of Australia.

With respect to MLM due-diligence, ASIC registration certificate as proof of legitimacy is therefore meaningless.

Finally we note that LeftCoins’ website domain (“leftcoins.com”), was privately registered on November 29th, 2022.

Despite existing for less than a year, on its website LeftCoins falsely claims it “appeared in 2020”.

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.

LeftCoins’ Products

LeftCoins has no retailable products or services.

Affiliates are only able to market LeftCoins affiliate membership itself.

LeftCoins’ Compensation Plan

LeftCoins affiliates invest USD equivalents in cryptocurrency.

This is done on the promise of advertised returns:

invest $25 to $500 and receive 2.5% a day

invest $2500 or more and receive 2.8% a day

invest $5000 or more and receive 3% a day

invest $10,000 or more and receive 3.4% a day

invest $25,000 or more and receive 3.8% a day

invest $50,000 or more and receive 4% a day

invest $75,000 or more and receive 4.3% a day

invest $100,000 or more and receive 4.7% a day

The MLM side of LeftCoins pays on recruitment of affiliate investors.

LeftCoins Affiliate Ranks

There are nine affiliate ranks within LeftCoins’ compensation plan.

Along with their respective qualification criteria, they are as follows:

Stager – sign up as a LeftCoins affiliate

Junior – generate $5000 in personally recruited affiliate investment volume

Middle – generate $20,000 in personally recruited affiliate investment volume

Senior – generate $50,000 in personally recruited affiliate investment volume

Lead – generate $100,000 in personally recruited affiliate investment volume

Chief – generate $250,000 in personally recruited affiliate investment volume

Head – generate $500,000 in personally recruited affiliate investment volume

Visionary – generate $1,000,000 in personally recruited affiliate investment volume

Legend – generate $2,500,000 in pers

🤖 Quick Answer

What is LeftCoins and who operates it?
LeftCoins is a cryptocurrency platform allegedly led by CEO Arnold Mitchell. However, investigations reveal the executive identity is fictional, portrayed by Yukhimenko Grigory, an English teacher from Ukraine. The platform lacks verifiable ownership documentation on its website, raising legitimacy concerns.

What suspicious practices has LeftCoins employed?
LeftCoins utilizes dubbed marketing videos to conceal accent characteristics and registers under shell company "LeftCoins Digital Algorithms PTY LTD." with ASIC. The company structure and marketing tactics resemble typical MLM and cryptocurrency fraud schemes associated with Eastern European scammers.

What regulatory issues surround LeftCoins?
LeftCoins exploits ASIC's known non-regulation of MLM fraud by registering through shell corporations. This regulatory gap allows the platform to operate without adequate oversight, facilit

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