iX World securities fraud continues


iN8’s origins are within the fraudulent funding scheme run by iX World and Debt Field.

Amid a then ongoing SEC fraud case, iX World founder and CEO Joe Martinez launched iN8 as an NFT Ponzi grift.

That lasted roughly two months, with iN8’s first iteration collapsing in March 2024.

Martinez (proper) launched iX World again in 2021. iX World’s first iteration was a buying and selling bot funding scheme paired with an training platform pseudo-compliance ruse.

Apart from India, iX World’s buying and selling scheme flopped. This prompted Martinez emigrate to crypto fraud in partnership with Debt Field.

iX World and Debt Field solicited “x-node” funding from customers on the promise of passive returns.

Neither iX World or Debt Field have been registered to supply securities within the US. This prompted the SEC to file a $49 million fraud lawsuit in August 2023.

Throughout the course of proceedings, estimated iX World and Debt Field fraud would climb to $110 million.

Parallel proceedings in India resulted in a number of arrests. Martinez has arrest warrants out on him in connection to 2 Indian iX World felony instances. He stays a wished fugitive.

Sadly for iX World and Debt Field victims, SEC attorneys dealing with the case acquired some dates incorrect and failed to tell the courtroom.

This was delivered to the courtroom’s consideration by Debt Field’s attorneys, in the end ensuing within the SEC being sanctioned and the case dismissed.

The underlying $110 million in fraud alleged by the SEC stays unresolved. The case was dismissed with out prejudice, permitting the regulator to file a brand new grievance sooner or later.

Within the meantime Debt Field and iX World have been free to proceed defrauding customers. Final we heard, Debt Field’s founders initiated a $400 million exit-scam and fled to Dubai.

Martinez, upon receiving affirmation the SEC was “reinvestigating” the case, collapsed what was left of iX World.

That was June 2024 and with the iN8 NFT grift collapsing in March 2024, ought to have been the top of Martinez’s fraud pending the SEC refiling their case.

Not so.

Along with Martinez, iN8 is run by:

  • Misty Martinez – COO
  • Jared Robert – CTO
  • Livia Fisher-Kane – CSO
  • Robert Lamb – Head of Authorized

Right now iN8 operates from 4 identified web site domains:

  1. in8.com (dao.in8.com and wms.in8.com) – personal registration final up to date on December twenty first, 2024
  2. in8tech.com – personal registration final up to date on December twelfth, 2024
  3. in8nfts.com – personal registration final up to date on December eleventh, 2024
  4. projectin8.com – privately registered by means of a Utah tackle on June twenty fifth, 2024

As tracked by SimilarWeb;

  • dao.in8.com acquired ~3000 month-to-month visits for February 2025, 100% of which originated from the US
  • in8tech.com web site visitors was too low to estimate
  • in8nfts.com acquired ~402 month-to-month visits for February 2025, 100% of which originated from the US
  • projectin8.com web site visitors was too low to estimate

Learn on for a full evaluation of iN8’s MLM alternative.

iN8’s Merchandise

iN8 has no retailable services or products.

Associates are solely in a position to market iN8 affiliate membership itself.

iN8’s Compensation Plan

iN8 sells entry to numerous funding schemes:

  • iN8 Ambassador – $750 yearly
  • iN8 Founder – $1500 yearly

The first distinction between the 2 memberships is a 5% or 10% low cost on investments made inside iN8.

NFT Funding Scheme

iN8’s authentic NFT funding scheme fell aside when Debt Field bailed. Particulars of the rebooted scheme are unclear (or whether or not it’s the identical Debt Field scheme), however listed below are the funding quantities:

  • Ambassador NFT – $799 per place
  • Founder NFT – $1499 per place

iN8 NFT funding pays returns in iN8’s personal IN8 token. The first distinction between the Ambassador and Founder place is Founders obtain “dividends”.

CloudX Node Funding Scheme

iN8 sells CloudX node funding positions:

  • micro node – $299 per place
  • full node – $20,000 per place

The distinction between the 2 tiers is a 1/sixtieth discount in passive returns for micro node positions.

The MLM facet of iN8 pays on membership charges and the above investments.

iN8 Affiliate Ranks

There are twelve affiliate ranks inside iN8’s compensation plan.

Together with their respective qualification standards, they’re as follows:

  1. Apprentice 100 – generate a downline of three associates and generate 225 GV a month
  2. Apprentice 250 – generate a downline of seven associates and generate 600 GV a month
  3. Apprentice 500 – generate a downline of 14 associates and generate 1200 GV a month
  4. Producer 1K – generate a downline of 44 associates and generate 3600 GV a month
  5. Producer 2K – generate a downline of 150 associates and generate 12,000 GV a month
  6. Influencer 5K – generate a downline of 312 associates and generate 25,000 GV a month
  7. Influencer 10K – generate a downline of 625 associates and generate 50,000 GV a month
  8. Influencer 15K – generate a downline of 1250 associates and generate 100,000 GV a month
  9. Ambassador 25K – generate a downline of 3125 associates and generate 250,000 GV a month
  10. Ambassador 50K – generate a downline of 6250 associates and generate 500,000 GV a month
  11. Ambassador 100K – generate a downline of 12,500 associates and generate 1,000,000 GV a month
  12. Ambassador 200K – generate a downline of 25,000 associates and generate 2,000,000 GV a month

GV stands for “Group Quantity”. GV is gross sales/funding quantity generated by an iN8 affiliate and their downline.

Be aware that for rank qualification, not more than 50% of required GV can come from anybody recruitment leg.

Additionally notice that with the intention to depend in the direction of rank qualification, recruited associates should be energetic. This presumably means fee of a month-to-month charge nonetheless this isn’t clarified in iN8’s compensation documentation.

Referral Commissions

iN8 pays referral commissions down three ranges of recruitment (unilevel):

  • stage 1 (personally recruited associates) – 25%
  • stage 2 – 25%
  • stage 3 – 50%

Residual Commissions

iN8 pays residual commissions through a unilevel compensation construction.

A binary compensation construction locations an affiliate on the high of a binary crew, break up into two sides (left and proper):

The primary stage of the binary crew homes two positions. The second stage of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).

Subsequent ranges of the binary crew are generated as required, with every new stage housing twice as many positions because the earlier stage.

Positions within the binary crew are stuffed through direct and oblique recruitment of associates. Be aware there isn’t a restrict to how deep a binary crew can develop.

On the finish of every pay interval iN8 tallies up new gross sales/funding quantity on each side of the binary crew.

Residual commissions are paid as a share of latest gross sales/funding quantity generated on the weaker binary crew facet:

  • Apprentice 500s to Producer 2Ks earn a ten% residual fee charge
  • Influencer 5Ks to Ambassador 25Ks earn a 15% residual fee charge
  • Ambassador 50Ks and better earn a 20% residual fee charge

Rank Bonus

iN8 rewards associates for qualifying at Apprentice 100 and better with the next weekly Rank Bonuses:

  • qualify at Apprentice 100 and obtain $25 per week
  • qualify at Apprentice 250 and obtain $50 per week
  • qualify at Apprentice 500 and obtain $100 per week
  • qualify at Producer 1K and obtain $200 per week
  • qualify at Producer 2K and obtain $500 per week
  • qualify at Influencer 5K and obtain $1000 per week
  • qualify at Influencer 10K and obtain $1500 per week
  • qualify at Influencer 15K and better and obtain $2000 per week

Becoming a member of iN8

iN8 affiliate membership is both $750 or $1500 yearly. The extra an iN8 affiliate spends the upper their revenue potential.

Full participation within the connected revenue alternative requires further funding.

iN8 Conclusion

iN8 is actually a mishmash of iX World’s securities fraud (CloudX nodes), combined with the short-lived Debt Field NFT grift.

Regardless of representing to customers that iN8 is registered within the US…

…a search of the SEC’s Edgar database reveals it isn’t.

That is essential as, with out SEC registration and submitting of audited monetary reviews, the one verifiable income coming into iN8 is new funding.

Utilizing new funding to pay ROI withdrawals (and/or iN8 token conversions to USD), brings us again to iX World’s authentic fraud. It could additionally make iN8 a Ponzi scheme.

With nothing marketed or bought to retail prospects, the MLM facet of iN8 operates as a pyramid scheme.

As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.

It will starve iN8 of ROI income, finally prompting a collapse.

Particular to iN8, a collapse shall be observable as passive returns persistently decline in the direction of zero. Be careful for engaging affords in IN8 token to cowl this up. IN8 token is generated on demand and is inherently nugatory exterior of iN8 itself.

I assumed iX World and Debt Field launching an apparent NFT grift amid a then ongoing SEC fraud lawsuit was bombastically silly. And no matter whether or not the SEC bungled its case because of an admin error, it was.

Doubling down on that fraud with iN8 NFT returns rebooted and extra node place funding directed at primarily US residents, equally doubles down on the stupidity.

Hopefully when the SEC refiles they embody Martinez’s continued iN8 funding fraud.

Issues could be a bit sketchy within the US in the intervening time however I’d nonetheless be stunned if the SEC let a $110 million fraud case go.