Simon Karakaš is recycling his scam playbook again. Just months after MacroCoin collapsed, he's relaunched the same scheme under a new name: IMP Europe.

The pattern is familiar to anyone who's watched Karakaš operate. His company, UECB Group, keeps shedding identities like a con artist shedding heat. MacroCoin died quietly—the MLM website shut down, the main site now broken. IMP Europe arrived in early May to take its place.

IMP Europe lists a corporate address in Lichtenstein on its website. The domain impeurope.com was privately registered on January 24, 2017. But that Lichtenstein address is window dressing. Karakaš operates out of Hong Kong, making the European incorporation a shell company designed to obscure his fingerprints.

The new site is deliberately vague. Logos for UECB and the Global Sustainopreneurship Association (recently rebranded as "SA Academy") hint at who runs the show. There's no mention of MacroCoin or its failed MLM structure anywhere. Clean break. New branding. Same operators.

MacroCoin was textbook pump and dump. Affiliates paid inflated prices to buy coins from the company. The coins had zero real-world value or legitimate supply and demand. The only buyers were people stuck in the MLM, and they were buying to hit recruitment targets or chase promises of returns. When recruits dried up, so did the scheme.

This isn't Karakaš's first rodeo with worthless altcoins. Before MacroCoin, he was deep in ByXpress, another cryptocurrency venture that created MCoin. ByXpress launched in 2015 and was mining through a platform called Coins Race. By early 2016, it had crashed. In a November 2015 marketing video, Karakaš identified himself as the "Cryptocurrency Officer of Coins Race."

That video is telling. It shows a pattern. Find an emerging market—cryptocurrency, blockchain, sustainability. Launch something with an official-sounding title. Recruit hard. Collapse. Rebrand. Repeat.

When our MacroCoin review went public, Karakaš threatened to sue. Legal threats are another pattern. They're meant to intimidate critics and buy time while he pivots to the next iteration.

IMP Europe is that next iteration. Same operator. Same playbook. Different name. The scheme persists because people keep buying the rebrand, the new website design, the new corporate address in a country they've never been to. They see the logo changes and think they're looking at a fresh opportunity.

They're not. They're looking at the same person who burned them before, with a fresh coat of paint applied.

🤖 Quick Answer

What is IMP Europe and its connection to MacroCoin?
IMP Europe is a cryptocurrency scheme that emerged in May 2017, allegedly relaunched by Simon Karakaš following MacroCoin's collapse. Both projects are associated with UECB Group and share similar operational patterns characteristic of multi-level marketing structures designed to generate profits through recruitment rather than legitimate product value.

Why does IMP Europe use a Lichtenstein corporate address?
The Lichtenstein incorporation serves as a jurisdictional shield, providing apparent legitimacy while obscuring the operator's actual location. This corporate structure is typical of schemes seeking to distance themselves from regulatory oversight and create distance between the scheme operator and direct accountability to investors and authorities.

What evidence suggests IMP Europe replicates MacroCoin's model?
Both projects share identical operational characteristics: multi-level marketing structure, vague business descriptions, corporate obscurity

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