A cryptocurrency scheme tied to a failed Ponzi has resurfaced under a new name. Riseoo is hawking the same playbook that destroyed thousands of investors in 2019.

The company operates out of offices listed in Dubai and India. The Dubai address is incomplete—a telltale sign of a virtual office. The Indian office sits in Uttar Pradesh.

Vaibhav Adhlakha runs Riseoo as CEO. His brother Kshitij serves as COO. Their corporate biography describes them as "accomplished industry experts" with a decade of entrepreneurial experience across multiple sectors. What they don't mention is their history running scams.

The brothers created QuickX, a blockchain technology that processes transactions off-chain. They marketed it as legitimate cryptocurrency infrastructure. It wasn't. QuickX became the token attached to Crypto Advice, a Ponzi scheme that collapsed in August 2019. The Crypto Advice operation was publicly helmed by "Jordan Lucas," who investigators believe was simply a paid actor. The Adhlakhas orchestrated the whole operation from behind the curtain.

Victims of Crypto Advice were left holding worthless QCX tokens worth 1.1 cents—and they've stayed flat since the scheme imploded. The brothers have produced nothing of substance in the MLM world beyond these frauds.

Despite Kshitij's LinkedIn page claiming a Dubai location, both brothers operate out of India. Traffic data shows 87 percent of Riseoo's website visitors come from India. The company's Facebook page is run exclusively by Indian administrators.

Riseoo's compensation plan is a naked recruitment scheme. There are no actual products or services to sell. Affiliates simply purchase membership packages ranging from $200 to $700 and earn commissions by recruiting others to do the same.

The company offers three entry points. The Starter Package costs $200. The Professional Package runs $400. The Premium Package is $700, with a $29.95 affiliate fee waived. Riseoo pays commissions in USDT and Indian rupees, with minimum withdrawal amounts set at 25 USDT or 1,750 INR.

To qualify for commissions, affiliates must generate 50 PV—Personal Volume—each month. This includes their own spending.

Riseoo's compensation structure has fourteen affiliate ranks. Moving up requires recruiting downlines and hitting sales targets. It's the standard MLM formula designed to benefit only those at the very top while the bottom eighty percent loses money.

The pattern is identical to what the Adhlakhas did with Crypto Advice. Create a flashy technology story. Attach a token to it. Recruit people into a binary compensation plan. Collect fees. Watch it collapse. Then rebrand and repeat.

Anyone considering joining Riseoo should know exactly who they're sending money to. Two men with a documented history of running Ponzi schemes. The only thing that's changed is the name.

🤖 Quick Answer

What is Riseoo and its connection to QuickX?
Riseoo is a company operated by brothers Vaibhav and Kshitij Adhlakha, linked to the failed QuickX cryptocurrency scheme. The company markets blockchain infrastructure from offices in Dubai and India, continuing a business model that previously defrauded thousands of investors through a Ponzi scheme in 2019.

Where is Riseoo headquartered?
Riseoo maintains offices in Dubai and Uttar Pradesh, India. The Dubai address is incomplete, indicating a virtual office arrangement. Both locations serve as registered business addresses for the company's operations.

Who leads Riseoo's management structure?
Vaibhav Adhlakha serves as CEO while his brother Kshitij Adhlakha holds the position of Chief Operating Officer. Their corporate biography claims entrepreneurial expertise

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