Grenada’s National Cyber Security Incident Response Team (CSIRT), has issued a “list of verified scams” warning.

The warning,
published back on January 16th
, names several MLM companies being promoted locally.

Creators Alliance
– Chinese “click a button” app Ponzi that collapsed on April 2nd, 2025

RideBNB
– collapsed MLM crypto gifting scheme

BullionX – collapsed MLM crypto Ponzi

The Vyb
– MLM pyramid scheme launched earlier this year

RainBNB
– reboot of collapsed RideBNB MLM crypto gifting scheme

Directiveex – unknown scam

Directiveex I wasn’t able to find any information on. BullionX came up for review the other day but had already collapsed. BehindMLM has reviewed all of the other cited “verified scams” as linked above.

🤖 Quick Answer

What scams has Grenada's CSIRT identified in its verified scams warning?
Grenada's National Cyber Security Incident Response Team issued a January 16th warning listing MLM schemes including Creators Alliance (a Chinese Ponzi app), RideBNB and RainBNB (crypto gifting MLMs), BullionX (crypto Ponzi), The Vyb (pyramid scheme), and Directiveex, all promoted locally and subsequently collapsed.

What types of fraudulent schemes characterize the identified scams?
The verified scams encompass multiple fraudulent models: Ponzi schemes utilizing cryptocurrency and click-button applications, pyramid schemes, and crypto gifting MLMs. These structures promised returns to early investors through recruitment rather than legitimate product sales or services.

When were these MLM scams actively operating in Grenada?
The schemes were promoted locally with varying timelines

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