Alan Friedland's NRGY Ponzi scheme imploded. Now he's running it again under a different name.
The collapsed scheme has simply migrated. NRGY investors are being funneled directly into StarStake, a failed NFT platform that just launched what amounts to the same fraud wrapped in new packaging. This time, the vehicle is MNTR tokens and so-called "Mission" NFTs.
Here's how it works: affiliates drop $100 and receive $100 in MNTR tokens plus an NFT. Their investment locks for 36 months. In the first year alone, they get back 50% of their invested tokens monthly. On paper it sounds insane. In reality, it's worse—MNTR tokens are generated from nothing, cost almost nothing to create. They're what insiders call ERC-20 shit tokens.
The math is irrelevant anyway. What matters is the crime. Early investors—mostly people holding bags from CompCoin and NRGY—are already onboarded and collecting their 50% monthly payouts. They're banking on fresh money from later affiliates to cash out. No external revenue exists. No actual business operates in the background. StarStake takes in money from new recruits and pays old ones. That's a Ponzi scheme, full stop.
The MLM structure stacks the deception. StarStake cuts referral commissions two levels deep on MNTR investments: 10% for recruits you bring in directly, 5% for recruits they bring in. Affiliates who invest $2,500 or more get shares of a mystery pool supposedly funded by unnamed percentages of transaction fees. The company won't say how much.
This is Friedland's third iteration in months. In February, BehindMLM tracked him pushing BuilderDefi, promising 5% weekly returns on BuilderToken with a forty-week lockup. That scheme collapsed so thoroughly that its website now draws negligible traffic. StarStake simply cranked the returns to 50% weekly and extended the lockup to 36 months—156 weeks of money they're counting on you not asking about.
Chris Hawk serves as the public face and CEO. In an unlisted marketing video, Hawk explained the transition plainly. "If you're an NRGY person, if you were part of the NRGY platform and you told people about that, we imported the database over to StarStake," he said. The NRGY affiliate network, genealogies intact, got transplanted directly into the new scheme.
Friedland owns StarStake. Hawk fronts it. The structure is identical to every collapsed iteration before. The outcome will be identical too. Regulators have shut down NRGY. BuilderDefi collapsed under its own worthlessness. StarStake will follow. By then, most affiliates will have lost their money. Some will move to whatever Friedland launches next, hoping this time it's different. It never is.
🤖 Quick Answer
# NRGY Securities Fraud Continues with StarStake & MNTR
What is the NRGY scheme and its connection to StarStake?
NRGY, a collapsed Ponzi scheme associated with Alan Friedland, has allegedly migrated into StarStake, an NFT platform. Investors are being redirected into MNTR tokens and Mission NFTs, perpetuating similar investment mechanisms with different branding and cryptocurrency-based infrastructure.
How does the MNTR token investment structure operate?
Affiliates invest $100 to receive $100 in MNTR tokens plus an NFT, with capital locked for 36 months. Returns promise 50% monthly reimbursement in year one. MNTR tokens are ERC-20 blockchain assets created with minimal production costs, raising questions about underlying asset value and sustainability.
**What are the alleged criminal elements in this scheme
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