Laurie Suarez, identified as President of the cryptocurrency platform Xeniumx, has continued a pattern of launching new digital asset schemes, following the collapse of his previous venture, RBCG Bank. This latest iteration, Xeniumx, emerged in early 2020, drawing scrutiny for its operational transparency and links to earlier failed projects.
The Xeniumx website offers no direct information about its ownership or corporate leadership. Details appear within the company's whitepaper, which identifies Suarez as President. Observers suggest Suarez also maintains ownership, given the absence of other named executives.
A corporate biography on Xeniumx claims operations started "since 2019." However, domain registration records contradict this timeline. The original xeniumx.com domain was registered in March 2020. This address now redirects to xemx.org, a domain registered two months later in May 2020. A third domain, xemxlink.com, appeared more recently in May 2021.
Suarez's ventures predate Xeniumx. His history with multi-level marketing (MLM) crypto schemes traces back to The Berlin Group, launched in October 2018. This initial project collapsed by December 2018, leaving victims seeking recourse.
Throughout 2019, Suarez attempted to keep The Berlin Group's victim base engaged through a series of reboots. Recycle Bot emerged as a short-lived successor, lasting only a few months. Its failure reportedly prompted a racist outburst from Suarez, consistent with his documented history of online abuse.
Recycle Bot then transitioned into RB Global Crypto Bank, which survived for approximately one month. This entity was subsequently rebooted as RBCG Bank. By October 2019, Suarez was publicly documented threatening and verbally abusing RBCG Bank participants.
The initial launch of Xeniumx in early 2020 appeared rushed. BitcoinTalk forum users quickly identified widespread plagiarism within the Xeniumx whitepaper. The platform initially introduced XEMX ERC-20 tokens, but this scheme quickly failed.
A fresh iteration surfaced around May or June 2021, presenting XEMXLink coin. Existing XEMX token holders were offered a swap option to acquire the new XEMXLink Coins. This reboot involved yet another domain, xemx.online, which was hastily constructed using Wix.
The abandonment of the original Xeniumx website domain likely coincided with this XEMXLink reboot. Xeniumx itself now appears defunct. The xemx.org domain currently serves as a portal for individuals to purchase XEMX tokens directly from Suarez.
Similarly, xemxlink.com acts as a direct gateway for acquiring XEMXLink tokens. As of early September, the xemx.online site is designated as the primary public-facing presence for XEMXLink. Suarez has also established a network of promoters to recruit new investors. The pattern of reboots and alleged victim abuse continues to characterize Laurie Suarez's involvement in the cryptocurrency market.