A known MMM Global scammer launched his own cryptocurrency scheme just over a year after the Ponzi collapse that made him a fugitive.
Alexei Muratov founded Prizm in mid-2017, according to a November 2017 blog post on the company's website. Before that, he ran recruitment operations for MMM Global, the infamous Russian Ponzi scheme orchestrated by Sergei Mavrodi. Muratov's specialty was draining money from Indian investors. Indian police arrested him in May 2013 for his role in the scheme. MMM Global eventually imploded worldwide in 2016. Muratov didn't stay out of the game long.
Prizm operates as a cryptocurrency MLM wrapped around PZM, an altcoin Muratov's company launched in May 2017. There's a critical problem with this business model: Prizm has no actual products or services to sell. Affiliates can only recruit other affiliates and push PZM coins.
The compensation structure is classic Ponzi dressing. Affiliates buy PZM coins and park them with Prizm to generate daily returns. Hold 1 to 99 coins and you get 0.12% daily. Jump to 100,000 to 499,999 coins and that climbs to 0.28% daily. These returns are paid in additional PZM coins generated from nowhere.
The real money comes from downline recruitment. The company uses a unilevel structure where your recruits sit on level 1, their recruits on level 2, and so on. Affiliates earn multiplier rates on coins their downline holds, with multipliers ranging from 2.1x to 4.37x depending on volume. These multiplier rates apply to the daily returns affiliates receive from parking coins, creating a nested system that requires constant recruitment to sustain payouts.
There's no legitimate reason for PZM to exist. It offers nothing over thousands of other altcoins already trading on public exchanges. The marketing focuses on removing banks from transactions and boasts a 0.5% transaction fee. That's it. No utility, no innovation, no reason anyone outside the scheme would ever want this coin.
Joining is free, but making money requires buying in. That's the entire point. New recruits must invest in PZM to participate in the compensation plan. Money flows from newer recruits to older ones through manufactured daily returns and recruitment commissions. When recruitment slows, the whole structure collapses.
Muratov's track record speaks louder than any marketing pitch. He built his career extracting millions from ordinary people through MMM Global. He was arrested for it. The pattern repeats with Prizm. Same playbook, new cryptocurrency wrapper, same founder.
🤖 Quick Answer
Who is Alexei Muratov and what is his connection to MMM Global?Alexei Muratov is a former recruiter for MMM Global, the Russian Ponzi scheme led by Sergei Mavrodi. He specialized in targeting Indian investors and was arrested by Indian police in May 2013 for his involvement. After MMM Global collapsed in 2016, Muratov launched Prizm cryptocurrency in 2017.
What is Prizm and how does it operate?
Prizm is a cryptocurrency multi-level marketing scheme centered on PZM altcoin, launched in May 2017. The platform functions as an MLM network promoting digital currency trading and investment opportunities through recruitment-based compensation structures.
What is the primary criticism of Prizm's business model?
Prizm lacks tangible products or services to offer customers. The scheme relies entirely on
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