A defunct cryptocurrency Ponzi scheme is making a comeback—this time peddling fake crypto nodes to desperate investors willing to chase phantom returns.

My Crypto Consult launched in 2019 as an MLM operation built around GLAM tokens. The scheme collapsed years ago, but traffic data reveals it's not entirely dead. SimilarWeb tracked just over 6,000 monthly visits to My Crypto Consult's website in April 2025. By May, visits climbed to around 9,000—a spike that coincides with the launch of a new fraud variant called GlamJet Nova.

The rebranded operation works from glam-partner.com, a domain registered or renewed on February 20th, 2025. Internet archives show the site was listed for sale in 2022 and hasn't appeared in the Wayback Machine since then, suggesting someone purchased it specifically for this new scheme.

Here's how it works: GlamJet Nova sells "crypto nodes"—investment positions that promise passive returns paid in GLAM tokens. The website doesn't disclose how much these nodes cost. Instead, interested parties fill out a registration form and wait for a sales pitch. It's the classic bait-and-switch tactic of securities fraud dressed up in blockchain language.

Like the original My Crypto Consult operation, GlamJet Nova is unregistered with any financial regulator.

The original My Crypto Consult scheme has also changed its pitch. The operation now offers just two entry points: $100 for 10,000 GLAM tokens or $1,000 for 100,000 tokens. The scheme originally came with four investment tiers, suggesting operators are simplifying their fraud model.

Willi Morant runs all three operations—the original My Crypto Consult, GlamJet, and GlamJet Nova. Morant is European, speaks German fluently, and was last reported hiding in Dubai.

That location matters. BehindMLM, an anti-fraud organization that tracks MLM schemes globally, ranks Dubai as the MLM crime capital of the world. The organization's assessment is blunt: if someone pitches you an MLM opportunity and lives in Dubai, they're scamming you. If an MLM claims ties to Dubai, it's a scam.

The pattern here is clear. Morant's operation failed once. Rather than shut down, it simply rebranded, bought a new domain, and started recruiting fresh victims with a new product—nodes instead of tokens, but the same fraudulent mechanics underneath. The modest uptick in website traffic suggests the gambit is working.

For investors, the risks are identical to the original scheme: zero regulatory oversight, zero transparency on returns, and operators deliberately hiding their location and identity. The only difference is the marketing material now mentions blockchain and passive income in the same breath, concepts that have proven especially seductive to retail investors chasing wealth.

🤖 Quick Answer

What is GlamJet Nova and how does it relate to My Crypto Consult?
GlamJet Nova is a rebranded fraud variant of My Crypto Consult, a defunct cryptocurrency Ponzi scheme that originally launched in 2019 as a multi-level marketing operation built around GLAM tokens. The new iteration pivots to selling fake crypto nodes to investors through the domain glam-partner.com, registered or renewed in February 2025.

When did My Crypto Consult originally launch and what was its business model?
My Crypto Consult launched in 2019 as a multi-level marketing operation structured around GLAM tokens. The scheme functioned as a cryptocurrency Ponzi, promising returns to participants through token-based investments. It eventually collapsed but has resurfaced under the GlamJet Nova branding with a revised fraudulent offering centered on crypto nodes.

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