Wanted fugitive John Barksdale is spearheading efforts to defraud consumers through Akasha.

Akasha and its AK1111 shitcoin is being pitched as the latest investment opportunity of Ultron and Akita Rider.

Ultron
was an is a
collapsed MLM Ponzi scheme
built around its ULX shitcoin.
Akita Rider
saw old European men gush over AI-generated NFTS featuring near-naked children.

Akita Rider originally launched as part of Incufi, operating from the domain “holdonfordearlife.io”. Incufi branding appears to have since been dropped.

The latest scams to appear on the “Hold On For Dear Life” website are Akasha and Sovereign:

Sovereign is pitched specifically at South Korea, with marketing efforts led by “Neo Anderson”.

“Neo Anderson” is none other than
John Barksdale
(right). Barksdale has been tied to both
Ultron
and
Akita Rider
in the past.

Barksdale is believed to be
hiding out in Dubai
. Barksdale is
wanted on criminal fraud charges
related to his collapsed
Ormeus Global
Ponzi scheme.

Sovereign sees investors purchase Visa debit card packages costing up to $5000.

These sorts of schemes are typically run through an  inconspicuously named shell company hooked up to a dodgy processor. That Sovereign appears localized to South Korea suggests the shell company and dodgy processor could be South Korean.

Once purchased, Sovereign investors can then load up to $50,000 onto their cards.

This is done on the promise of a 1% daily return:

Akasha is marketed as being “powered” by Ultron.

Ultron and its attached
Mavie Global Ponzi spinoffs
are owned by Michael Prazenica, a European also hiding out in Dubai.

Barksdale appears to have taken over what’s left of Ultron and, with no clear owner, it’s possible Barksdale has been running Akita Rider all along too.

This does raise the disturbing possibility that Barksdale created Akita Rider’s near-naked children NFTs… a thought I’ll just leave there as is.

As “Neo Anderson” (Barksdale naming himself after the protagonist in the Matrix movies might be a mid-life crisis), Barksdale is pitching South Koreans on a typical node investment position Ponzi.

Akasha investors purchase “super node” positions for tether (USDT) equivalents in AK1111 or ULX.

Once purchased, and similar to the Sovereign cards, Akasha super node positions can be invested in:

Basic – purchase a node position for 50 USDT and invest up to 250 USDT

Standard – purchase a node position for 250 USDT and invest up to 1250 USDT

Advanced – purchase a node position for 750 USDT and invest up to 3750 USDT

Pro – purchase a node position for 2500 USDT and invest up to 12,500 USDT

Ultra – purchase a node position for 6000 USDT and invest up to 30,000 USDT

Elite – purchase a node position for 15,000 USDT and invest up to 75,000 USDT

Genesis – purchase a node position for 30,000 USDT and invest up to 300,000 USDT

Advertised passive returns on the above investment tiers top out at 12% a month for Genesis.

Note that funds invested int


🤖 Quick Answer

Who is John Barksdale and what is his connection to Akasha?
John Barksdale is a wanted fugitive identified as the primary figure orchestrating fraud schemes through Akasha and its AK1111 cryptocurrency. He operates under aliases including "Neo Anderson" while promoting investment scams targeting consumers globally, particularly in South Korea.

What is Akasha in relation to Ultron and Akita Rider?
Akasha represents the latest fraudulent cryptocurrency scheme promoted by former operators of Ultron and Akita Rider. It is pitched as an investment opportunity using the AK1111 shitcoin, continuing the pattern of Ponzi-style financial schemes previously established by these organizations.

What was Akita Rider's previous activity?
Akita Rider was a cryptocurrency project associated with controversial content featuring AI-generated NFTs. The project was originally launched as part


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