This time, Darren Olayan is running a Ponzi scheme through a company called Disruptive Studio.
BehindMLM found out about Disruptive Studio for the first time in our review of Crypto CNL, which came out in June.
Disruptive Studio came up with creative designs for several MLM crypto Ponzi schemes, but it didn’t seem to be running any of them itself.
One of the designs that Disruptive Studio made was for Naka Games, which was part of the BitMobb Ponzi factory run by Darren Olayan.
I thought there was a link because most of Disruptive Studio’s designs were for Russian Ponzi schemes. Where Olayan fit in wasn’t clear to me.
I’m not sure what Darren Olayan has to do with this Russian Ponzi factory. But it seems likely that they are working together in some way.
Last month, I was surprised to see Disruptive Studios again. This time, the research was about iComTech.
Imtech was an MLM crypto Ponzi scheme that fell apart between the middle and end of 2019. The DOJ charged four of iComTech’s founders and three of its promoters with crimes last month.
Refugio Aguilera was one of iComTech’s top promoters, but he wasn’t arrested. I found out about him when I researched the company.
According to the screenshot above, which was taken and used in our article about iComTech’s arrest, Aguilera is the Marketing Officer at Disruptive Studio right now.
The same research led me to this November 4th post on Refugio’s personal Facebook account, which has since been taken down:
Daniel Cruz is on the left, and Darren Olayan is on the right. They were both on a Zoom webinar launch for Disruptive Studio.
Cruz is the Chairman of the company Disruptive Studio, which is based in Arizona.
Darren Olayan is a con artist who has run several failed Ponzi schemes (branded primarily under Nui, Symatri , and Mintage Mining).
So, what did Cruz and Olayan try to start?
Disruptive Studio wasn’t happy just making logos and brands for scams, so they went and made their crypto Ponzi. And Darren Olayan’s fingerprints are all over it.
The crypto Ponzi by Disruptive Studio is not special in any way. It is built around the DISR shit token and is the usual trading bot, NFT, mEtAvErSe bullshit.
Behind that is staking, which is the most important part of a Ponzi scheme. In the staking Ponzi model, investors put their money into DISR, park their tokens with Disruptive Studio, and get their money back in DISR.
The goal, like any Ponzi scheme, is to get more money back than you put in. Disruptive Studio pays withdrawal requests with money that has already been invested. This is a key part of why it is a Ponzi scheme.
Both the DISR staking program and the trading bot scheme are ways to sell securities, which Disruptive Studio, Daniel Cruz, and Darren Olayan are not authorized to do.
Yan has started his new Ponzi scheme with the help of a partner because he has been involved in securities fraud before.
After Olayan said that the SEC gave his Kala Ponzi scheme “stability and protection,” US authorities filed a securities fraud stop and desist order against him and Nui in 2018.
Texas sent the C&D, which led to a fine of $25,000.
In 2019, Montana sent a similar stop-work order to Nui and Olayan for securities fraud. This was followed by Michigan at the beginning of 2020, and later that same year, Utah fined him $595,000.
Olayan, who was living in Utah at the time, was going to get in trouble with the law in 2020.
As of May 2022, Olayan was still using BitMobb to trick people. BitMobb included Nui International, which was a Ponzi scheme aimed at Brazil, as well as a numseveralr failed or failing schemes based on Kala.
Around the time BehindMLM wrote about BitMobb, it looks like Olayan gave up on it. The last official Facebook post from BitMobb was made on April 26, 2022.
I don’t see any MLM in Disruptive Studio’s DISR Ponzi scheme, but it wouldn’t surprise me if there was.
For clarity, here is a list of what is known about Disrupt Studio’s Ponzi scheme:
Disruptive Studio is a design firm where Darren Olayan works.
Disruptiverse – NFT marketplace platform
Disruptive Protocol is the name for the DISR token, which is a BEP-20 shitcoin.
Disruptive Bots—Securities fraud by trading bots, fees for each transaction in DISR
The money laundering part of the Ponzi scheme Tradetizen-planned exchange, which involved the in-house payment processor Disruptive Payments, might have been dropped . After the US cracked down on Olayan, Disruptive Studios’ Ponzi scheme is aimed at Central and South America.