DANNY DE HEKUBX.ONE is nothing more than the rebranded corpse of Ubitex, a known MLM crypto Ponzi scheme that collapsed in late 2024.

After Ubitex defrauded investors and crumbled under its own weight, the scammers behind it simply changed the name, registered a new domain, and rebooted the fraud.

This exposé will break down how UBX.ONE operates, its blatant lies, and why investors should steer clear before they become its next victims. As always, a massive shoutout to BehindMLM, which has covered UBX.ONE and its predecessor, Ubitex, extensively. Their work has been instrumental in exposing this fraudulent operation, and I’ll be referencing their findings throughout this piece.

The Ubitex Ponzi Scheme: A Proven Scam

Ubitex launched in mid-2024 and operated as an MLM staking Ponzi scheme, where investors were promised returns based on how much crypto they “staked.” Like all Ponzi schemes, returns were paid from new investments, not from actual trading or business operations.

  • Fake CEO: Ubitex was fronted by “Alex Sandro,” an Indonesian underwear model who had nothing to do with crypto. This was a clear red flag that the people behind the scheme were hiding their identities.
  • Securities Fraud Warning: France’s Autorité des Marchés Financiers (AMF) blacklisted Ubitex in February 2025 for offering unregistered financial services, proving it was operating illegally.
  • Collapse: Like all Ponzi schemes, Ubitex eventually ran out of money when recruitment slowed. By late 2024, it shut down, leaving investors with worthless UB tokens and no way to recover their funds.

UBX.ONE: The Same Scam, Different Name

As soon as Ubitex collapsed, a new domain was registered: UBX.ONE. This wasn’t a coincidence—the scammers behind Ubitex simply rebooted under a new name.

  • Ubitex’s fake CEO disappeared, replaced by anonymous figures pushing the same Ponzi model.
  • Same MLM structure: UBX.ONE claims to be a “crypto exchange,” but it is nothing more than a staking scam wrapped in AI and blockchain buzzwords.
  • False credibility boosters: UBX claims to have received a $50 million investment from BlackRock and Nasdaq-listed Foresight Group—a complete fabrication.

Hicham Elhaous: A Notorious MLM Scam Promoter Now Pushing UBX.ONE

A key promoter of UBX.ONE is Hicham Elhaous, a Moroccan-born professional based in Canada who has a long history of promoting MLM scams. He has previously pushed BOOMERANG, WE ARE ALL SATOSHI, and LquidPay by Shavez Anwar, all of which have been exposed as frauds.

  • Hicham has been confronted about promoting scams but continues to avoid accountability.
  • He is now actively pushing UBX.ONE on his YouTube channel (@TOPLEADERSAFFILIATE), falsely presenting it as a legitimate investment.
  • He claims UBX.ONE is a major crypto exchange like Binance, despite it having no real trading volume or legitimacy.
  • He promotes UBX staking schemes promising 1% daily returns, a classic Ponzi promise that is mathematically impossible.
  • He pushes recruitment bonuses and VIP levels, making it clear that UBX.ONE is more about bringing in new investors than actual trading.
  • UBX.ONE restricts withdrawals, requiring users to reinvest or recruit to access earnings, a common Ponzi tactic.

Hicham also falsely claims that UBX.ONE is “licensed in Canada, the US, Australia, and Japan,” despite Ubitex (UBX.ONE’s previous brand) being blacklisted by the French AMF for fraud. He uses misleading comparisons to Binance and exaggerates the potential growth of UBX tokens to lure in victims.

How UBX.ONE Works: The Classic Ponzi Structure

UBX.ONE presents itself as a legitimate cryptocurrency exchange, but the reality is very different:

  • Fake staking plans: UBX.ONE promises daily returns up to 1% for locking funds into their staking system. This is mathematically unsustainable and proves the only source of money is new investor deposits.
  • Worthless internal tokens: Investors are paid in UBX and UBC tokens, which don’t exist on any legitimate exchange and will be worthless when the scheme collapses.
  • Recruitment-based commissions: Affiliates earn bonuses for bringing in new investors, not from actual trading or products.

Zoom Meeting Confrontation: Scammers Exposed in Real-Time

To prove UBX.ONE is a scam, I infiltrated a UBX.ONE Zoom meeting and called them out on their lies. Here’s what happened:

  • Scammers panicked and muted, removed, and banned me instead of answering direct questions.
  • They couldn’t justify their Ponzi-style payout model or explain how UBX.ONE makes money without new investments.
  • Their so-called “crypto exchange” doesn’t actually exist—only Bitcoin and USDT are listed, with no real trading activity.

A full video of this confrontation is embedded below. It’s proof that UBX.ONE and it’s “Leaders” cannot handle scrutiny and is simply another fraudulent MLM crypto scheme.

UBX.ONE’s Misleading Twitter Marketing

UBX.ONE’s Twitter Account is full of misleading claims designed to lure in victims:

  • Fake “Market Insights” – Pretending to be a legitimate crypto exchange.
  • Promoting “XAI Mining Beta” – Another fake investment opportunity with no proof of legitimacy.
  • Claiming UBX will be a “Top 5 Exchange in the World” – A blatant lie with zero evidence.
  • Pushing high-yield staking with “stable returns” – Impossible without new investors funding withdrawals.

The Inevitable Collapse: How UBX.ONE Will End

Like Ubitex, UBX.ONE will eventually collapse. Ponzi schemes always fail when recruitment dries up, leaving investors with nothing.

  • Early investors may get paid, but the vast majority will lose money.
  • UBX and UBC tokens will become worthless.
  • Affiliates will be left scrambling, just like Ubitex victims were.

Final Warning: Stay Away from UBX.ONE

UBX.ONE is not a legitimate cryptocurrency exchange. It’s a scam run by the same fraudsters behind Ubitex. They have simply rebranded the Ponzi scheme and are trying to recruit a new wave of victims.

Final Thoughts

As Danny de Hek, The Crypto Ponzi Scheme Avenger, my mission is to expose these frauds and prevent people from losing money to MLM bottom feeders. If you’re considering investing in UBX.ONE, run the other way. Don’t let these scammers take your money—stay informed and warn others before it’s too late.