Aurum Foundation Belgium Warning: FSMA Flags Fraud
Belgium’s financial regulator has issued a warning against Aurum Foundation, adding the company to its list of unauthorized crypto-asset service providers. The action follows growing regulatory scrutiny of the platform across several countries.
Belgium's FSMA Issues Aurum Foundation Warning
The Financial Services and Markets Authority (FSMA) of Belgium published a warning on July 6, 2026, against Aurum Foundation.
The regulator stated that Aurum Foundation is offering crypto-related services without the authorization required under the Markets in Crypto-Assets (MiCA) Regulation.
Since the end of 2024, MiCA has required all crypto-asset service providers operating within the European Union to obtain authorization as a Crypto-Asset Service Provider (CASP).
According to the FSMA, Aurum Foundation does not hold this authorization. The regulator strongly advises investors not to engage with the platform.
The FSMA has also added Aurum Foundation to its list of fraudulent CASPs.
MiCA Rules Apply Across the European Union
MiCA is the European Union’s unified regulatory framework for crypto assets.
Because Belgium’s warning is based on MiCA, Aurum Foundation is considered unauthorized to provide regulated crypto services throughout the European Union unless it secures the required approval.
The warning adds to increasing regulatory concerns surrounding the company.
Aurum Foundation's Background
Aurum Foundation launched from Dubai during mid-2024.
Around February 2025, Bryan Benson became the company’s CEO and public representative. Benson, a Peruvian national based in Dubai, has been publicly linked by critics to the platform’s operations.
As of June 2026, Similarweb estimated approximately 758,000 monthly visits to the Aurum Foundation website.
The largest sources of website traffic were:
- United States – 19%
- Germany – 16%
- Switzerland – 12%
- Netherlands – 12%
- Greece – 8%
Key Promoters Behind Aurum Foundation
The company’s network marketing activities are led by several well-known promoters.
In the United States, Shane Morand serves as Chief Network Development Officer. Morand previously co-founded Organo Gold and has promoted multiple crypto-related MLM opportunities over the years.
Other publicly identified promoters include:
- Denis Cijov – Italy
- Malak Nasser – UAE
- Alina Kus – Poland
- Inga Kirilyk Heycc – Ukraine
- Sebastian Weiland – Germany
- Oyunsuren Lkhagvabayar – Mongolia
- Al Rizqi – Indonesia
- Wilson Gillardo – Spain
Multiple Countries Have Issued Warnings
Belgium is not the only regulator to take action.
Public warnings against Aurum Foundation have also been issued by authorities in:
- Russia
- Nigeria
- New Zealand
- Greece
- Australia
- Hong Kong
In June 2026, France added Aurum Foundation to its nationwide fraud blacklist.
During the same month, Poland’s Financial Supervision Authority referred suspected banking fraud involving Aurum Foundation to public prosecutors.
Hong Kong’s warning attracted particular attention because Aurum Foundation lists a Hong Kong business address on its official website.
Aurum Foundation Rebrands as Neyro
Following increasing regulatory action, Aurum Foundation announced its Neyro rebrand on June 27, 2026.
The company presents Neyro as an AI-focused platform. However, critics argue that it is simply a continuation of Aurum Foundation under a new brand.
Neyro now operates through Aurum Neyro AI Technologies Corp, which the company says is registered in British Columbia, Canada.
Canadian Registration Does Not Equal Licensing
Aurum Foundation claims its Canadian registration represents a “full Canadian license.”
However, corporate registration does not authorize a company to offer investment or securities services.
There is no public evidence that Aurum Foundation or Neyro is registered with Canadian securities regulators to provide such services.
If the platform expands its activities in Canada, provincial regulators may review its operations.
