MacroCoin: How Scammers Behind a Failed Crypto Scheme Are Running It Again
Simon Karakaš is back in the cryptocurrency game, and this time he's calling it MacroCoin.
Karakaš previously led ByXpress, the company behind MCoin—a worthless altcoin that crashed within months of launching in 2015. Now he's running MacroCoin through UECB Group, a shell company with barely a footprint online. The operation bears all the hallmarks of a classic bait-and-switch: hidden ownership, recycled crypto schemes, and a multi-level marketing structure designed to extract money from recruits rather than generate legitimate returns.
The MacroCoin website tells you almost nothing. There's no leadership page. No company history. No verifiable information about who runs the operation. What you get instead is a bare-bones affiliate login form and sparse marketing language about "blockchain technologies" merged with "traditional payment networks." UECB Group—the outfit actually pulling the strings—has a hidden page on the site that nobody would find unless they already knew it existed.
The domain macrocoin.info was registered with fake, incomplete information on August 26th, 2016. That's the first red flag. Legitimate companies don't hide their registration details.
Karakaš appears to be operating from Hong Kong. Working alongside him is Rok Potočnik, listed as a Senior Executive at UECB. Together they're selling MacroCoin affiliate memberships starting at €250 for a Starter package, climbing to €2000 for VIP, and higher still for Super and Co-Founder tiers. There are no actual products here—no software, no services, nothing of real value. Affiliates are simply buying the right to recruit other affiliates and purchase MacroCoin tokens at discounted rates.
Lower-tier members get small amounts of Macroin with their membership. Starter affiliates receive $50 worth. Intermediate gets $100. But the real incentive is the discount structure: up to 7% off MacroCoin purchases for Co-Founders. The problem is the token isn't traded anywhere public. The "internal value" is whatever MacroCoin decides it is. That's not a price discovery mechanism—it's a control mechanism.
To sweeten the pitch, the company throws in a Huawei cell phone with VIP memberships and higher. Affiliates can exchange it for MacroCoin instead. They also bundle access to BigU Academy, a third-party MLM training outfit that promises to teach people how to run a "successful network marketing" operation. Translation: how to recruit downlines.
This is where the scheme's purpose becomes clear. MacroCoin isn't about cryptocurrency adoption or innovation. It's about recruitment. Affiliates invest money they won't recover unless they successfully recruit others into paying the same membership fees. Each new recruit gives the people above them a cut. When recruitment slows—and it always does—the whole structure collapses.
Karakaš has done this before. ByXpress and MCoin failed. Now he's using a new name, a new country of operation, and a decentralized structure through UECB Group to do it again. The playbook is identical. The cryptocurrency angle is just the hook.
🤖 Quick Answer
Who is Simon Karakaš and what is his connection to MacroCoin?Simon Karakaš is a cryptocurrency entrepreneur who previously led ByXpress, the company behind MCoin, a cryptocurrency that failed in 2015. He currently operates MacroCoin through UECB Group, a shell company with minimal online presence, repeating a similar business model.
What warning signs suggest MacroCoin operates as a scam?
MacroCoin exhibits characteristics of fraudulent schemes: concealed ownership structure, absence of leadership information, recycled cryptocurrency concepts from failed projects, and a multi-level marketing framework prioritizing recruitment revenue over legitimate product returns.
What information is missing from the MacroCoin website?
The MacroCoin website lacks verifiable operational details including leadership pages, company history documentation, and transparent ownership information, providing minimal transparency about organizational structure and management.
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