A bitcoin scheme operator is running Quartrix, a four-tier matrix cycler that collapsed under a different name just weeks earlier.

Richard Morrison, identified through the official Quartrix Facebook page, launched Quartrix after his previous venture My BitCoin Life imploded in September 2016. Morrison shut down My BitCoin Life after admitting the scheme "is not working" and participants weren't promoting it. He announced Quartrix's launch a day later with promises of "full transparency of positions" and "powerful re-entry plan."

Morrison rebranded the My BitCoin Life Facebook group to Quartrix on September 24th without missing a beat.

The Quartrix website offers no information about ownership or management. The domain was registered on September 23rd, 2016, with the registration kept private. Morrison's Facebook profile itself only appeared in April 2016 and went immediately into promotion mode for various schemes—a pattern that suggests it may be a pseudonym.

Morrison isn't new to the MLM game. His Facebook page currently promotes a graveyard of failed and ongoing schemes: Ultimate Business World (Ponzi points), SmashCoin (HYIP), The Billion Coin (HYIP), THW Global (recruitment), BeOnPush (a collapsed Ponzi scheme), CommHubb (unregistered securities), and Smash Fund (pyramid scheme).

Quartrix operates on a simple structure: there's nothing to sell except membership itself. Affiliates buy $20 positions in a 1×3 matrix cycler—placing one person at the top with three spots directly underneath. Once those three positions fill, the affiliate's position "cycles" and they get paid before moving to the next tier.

The payout structure works like this: Matrix 1 positions cost $20 and generate a new Matrix 1 position while cycling into Matrix 2. Matrix 2 pays $20 commission and cycles into Matrix 3. Matrix 3 pays $40 and cycles into Matrix 4. Matrix 4 pays $160.

The scheme's promotional material promises participants can "TURN $20 INTO THOUSANDS!" through endless cycling. The marketing pitch screams repetition: "INNOVATIVE MATRIX DESIGN TO MAKE $20, $40 AND $160 OVER AND OVER, OVER AND OVER, OVER AND OVER AGAIN!"

This is the classic structure of a matrix cycler—a format that requires an endless supply of new money to sustain payouts. When recruitment slows, as it inevitably does, the scheme collapses and participants lose their investment.

Morrison learned nothing from My BitCoin Life's failure. He simply repackaged the same model under a new name and moved on to the next batch of recruits.

🤖 Quick Answer

What is Quartrix and who operates it?
Quartrix is a four-tier bitcoin matrix gifting cycler launched by Richard Morrison in September 2016. It operates as a scheme where participants exchange cryptocurrency through structured gifting arrangements organized in hierarchical matrix formations.

What was Morrison's previous venture?
Richard Morrison previously operated My BitCoin Life, a similar bitcoin gifting scheme that collapsed in September 2016 after Morrison acknowledged the program wasn't functioning and participants lacked promotional engagement.

How quickly did Morrison launch Quartrix after My BitCoin Life failed?
Morrison launched Quartrix just one day after shutting down My BitCoin Life. He rebranded the My BitCoin Life Facebook group to Quartrix on September 24th, 2016, demonstrating rapid transition between ventures.

What promises did Quartrix make to participants?
Quartrix promoted "full transparency

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