A supposedly sophisticated AI trading bot has wiped out investors in My Daily Choice's Akashx scheme, leaving affiliates with massive losses and no one held accountable.

The collapse came after a "liquidity sweep" on gold positions. An undated message from the "Akashx Team" blamed the market event for taking out buyer orders worldwide. My Daily Choice affiliates, it turns out, were caught in the crossfire. The exact scale of losses remains murky—the company hasn't disclosed how many people lost money or how much they lost.

Rather than shut down, My Daily Choice is preparing to pitch investors on a comeback strategy. In a message to affected affiliates, company representatives promised that "when we win; we all win. And when we lose; we all lose." They announced the bot would go into maintenance while experts devise a "game plan" to help people recover. Translation: keep paying.

The scheme never should have made it this far. In 2020, BehindMLM identified serious problems with Akashx's structure. The platform markets automated trading through an AI bot—a classic securities offering that requires SEC registration in the United States. My Daily Choice never registered it. That's securities fraud, plain and simple. The company also failed to disclose who actually runs Akashx or controls the bot itself. Major red flags that regulators should have caught years ago.

Two years after that initial analysis, investors have been financially decimated with zero accountability from anyone involved.

Akashx once operated a public website. That's gone now. The domain serves only as a login portal for My Daily Choice affiliates. But there's another angle: an Akashx login page exists through Club Swan, a company owned by Christopher Scanlon. In May, Scanlon was arrested for running an unlicensed money transmitting business. Court documents show that through Club Swan and various shell companies, Scanlon helped multiple MLM operations hide funds. Akashx appears to be another vehicle for concealing investor money.

Yet My Daily Choice continues selling Akashx access for $199 monthly or $1,999 annually. The company's marketing materials omit any mention of automated trading or the bot that lost everyone their money.

Website traffic tells its own story. By July 2023, Akashx attracted roughly 18,000 monthly visits—down 27% from the previous month. Most traffic came from the US (77%), with Canada (20%) and the UK (2%) making up the remainder. Those declining numbers suggest even the most loyal followers are losing faith.

My Daily Choice and Akashx have committed securities fraud in what's arguably the world's most tightly regulated jurisdiction for MLM schemes. That this case hasn't resulted in enforcement action from federal authorities is remarkable. But history suggests that won't last forever.

🤖 Quick Answer

What happened to the Akashx trading bot in My Daily Choice?
The Akashx AI trading bot experienced a critical failure following a liquidity sweep on gold positions, resulting in substantial investor losses. An undated statement from the Akashx Team attributed the collapse to a market event affecting buyer orders globally, impacting My Daily Choice affiliates participating in the scheme.

How did My Daily Choice respond to the bot's failure?
Rather than terminating operations, My Daily Choice management communicated with affected affiliates about a recovery strategy. Company representatives issued statements emphasizing shared losses and gains, announcing plans to restart the bot's mainnet operations despite the significant financial impact on investors.

What information has My Daily Choice disclosed about investor losses?
My Daily Choice has not provided transparent disclosure regarding the collapse's financial scale. The company has not publicly specified how many investors were affected or quantified total losses, leaving the extent of damage unclear to

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