The World Crypto Life Ponzi scheme has collapsed.
In its place we now have something called World E Community.
World Crypto Life
was an MLM crypto Ponzi built around IMC tokens and IMEX shares.
Today World Crypto Life and IMC don’t exist. Purchased IMEX shares are worthless.
World Crypto Life operated from the domain “worldcryptolife.com”, which as of July 2024 or thereabouts now redirects to World E Community (WEC).
World E Community runs on the domain “worldecommunity.com”, privately registered on May 9th, 2024.
As above, World E Community markets “everyday convenience backed by an online digital platform accessible worldwide”. Whether intentional or not, that’s a pretty vague pitch.
And the rest of World E Community’s website isn’t much clearer. There’s a bunch of generic finance/crypto bro waffle but no specifics.
Most of the navigational links on World E Community’s website don’t work; namely “about us” and “products & services”.
One link that does work is “Evany”, which leads us to what World E Community is
actually
selling.
Evany, or EVY, is an ERC-20 shit token. Through EVY, World E Community runs a simple staking model Ponzi scheme.
To summarize World E Community and Evany’s business model;
you invest into EVY
you stake EVY with World E Community/Evany
you get paid a passive return in EVY during the staking period
you cash out your EVY and get paid subsequently invested funds
World Crypto Life was fronted by CEO Francis Yoon (right) and COO Chris Principe.
Prior to World Crypto Life Yoon was a failed crypto bro. Chris Principe was tied to the notorious OneCoin Ponzi scheme.
Today there is no mention of Yoon or Principe on either World E Community’s or Evany’s respective websites.
In fact there’s no disclosure of
any
corporate executives.
World E Community’s website doesn’t give us much to go on but on Evany’s website we find a link to EVY on CoinMarketCap:
The link takes to EVY’s CoinMarketCap page, on which we learn:
Evany is an Ethereum ERC20 based utility token that has been created by Master & S Inc, a prominent company based in California, USA.
The token is owned by GPoint Wallet, which is a product of Master & S Inc.
Master & S Inc. is a Californian corporation. Master & S Inc. corporate filings cite Kwangeun Pyo as CEO through a Californian address.
Kwangeun Pyo, aka Richard Pyo, has
come up in discussion on World Crypto Life on BehindMLM
.
Prior to World Crypto Life, Master & S Inc.’s Bank of America account(s), controlled by Richard Pyo, were
used to launder Suponic Global Ponzi funds
.
One final point worth noting is Master & S Inc.’s current Los Angeles, California address, as per the company’s 2024 California Secretary of State filings, has
been in use since World Crypto Life
:
This ties into Evany being originally launched as part of World Crypto Life:
Across World Crypto Life’s IMC token investment scheme and IMEX share offering, and World E Community’s EVY staking investment scheme, non
🤖 Quick Answer
What happened to World Crypto Life?World Crypto Life was a multilevel marketing cryptocurrency Ponzi scheme built around IMC tokens and IMEX shares. The platform collapsed, rendering all purchased IMEX shares worthless. Its domain, worldcryptolife.com, ceased to operate independently and began redirecting to a successor project around July 2024.
What is World E Community?
World E Community (WEC) is the successor platform to World Crypto Life, operating on the domain worldecommunity.com, which was privately registered on May 9, 2024. It markets itself as an everyday convenience service backed by a worldwide digital platform, though its business model remains notably vague and unclear.
How are World Crypto Life and World E Community connected?
World E Community emerged directly from the collapse of World Crypto Life. The original worldcryptolife.com domain redirects to world
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