Brazilian national Jonathan Sifuentes' Xifra Lifestyle Ponzi scheme began experiencing investor withdrawal problems in late April, just months after Mexican authorities issued a $49,321 securities fraud fine against the operation. The scheme, which promised investors a 200% return on investment, officially declared itself based in Mexico.

Mexican regulators had issued a securities fraud warning against Xifra Lifestyle in September. The December 8 fine followed this initial notice. Just eight days later, on December 16, the "decentrauniverse.com" domain was registered.

Decentra's development stretched back further than the domain registration. Jonathan Sifuentes, who reportedly has ties to both Mexico and Texas, had begun pushing general Decentra marketing as early as March 2021. A more formal unveiling occurred in November 2021 at a marketing event in Cancun, where Xifra presented "Decentra University" as a pseudo-compliance initiative. This educational service was meant to offer training in areas like blockchain and artificial intelligence, with exclusive leadership mentoring by John Maxwell.

This initial vision for Decentra University now appears abandoned. The current strategy involves a complete reboot, with Decentra positioned to absorb Xifra Lifestyle's operations entirely. Investors from the original Xifra scheme are now promoting Decentra, often claiming it is "registered and Compliant in the USA."

These claims are false. A search of the Securities and Exchange Commission's EDGAR database shows neither Xifra Lifestyle, Decentra, nor Jonathan Sifuentes holds registration to offer securities in the United States. Michael Anderson, among others, has circulated these inaccurate compliance claims for months. Decentra portrays itself as a decentralized finance blockchain company run by unknown individuals, but it is a direct continuation of Sifuentes' Xifra Lifestyle.

Sifuentes has a history of operating such schemes. In 2020, the Securities Division of the Arizona Corporation Commission filed a securities fraud application against him. This application cited his involvement in earlier Ponzi activity, dating back to 2017, specifically referencing a scheme called MTCoin. During a presentation to potential investors in a Sosa's office, Sifuentes reportedly told them MTCoin was a great investment and that he had personally made lots of money. He also claimed the federal government had no control over the company because they were using an independent system.