iGenius’ CoinPro Pivot to 3Commas Raises Securities Fraud Flags
In July 2025, iGenius, a subsidiary of Investview, transitioned its CoinPro investment scheme from being “powered by CoinRule” to 3Commas, as announced in a YouTube video by promoter Anthony Napolitano on July 26, 2025. The switch, attributed to iGenius “outgrowing” CoinRule, integrates 3Commas’ automated crypto trading platform, which pitches passive returns via trading bots. 3Commas, a British Virgin Islands-registered company operated from Estonia by co-founders Yuriy Sorokin, Mikhail Goryunov, Egor Rzumovskii, and Andres Susi, has ties to Alameda Research, the fraudulent firm linked to Sam Bankman-Fried’s FTX collapse, per CoinDesk. This move amplifies concerns about unregistered securities offerings, given iGenius’s history of regulatory scrutiny.
The Mechanics of CoinPro and Regulatory Risks
CoinPro, marketed as CForce within iGenius, offers automated crypto trading through 3Commas’ bots, promising passive returns without retail products, a hallmark of Ponzi schemes, per FinTelegram. The Howey Test classifies such offerings as securities, requiring SEC registration in the U.S., which neither 3Commas, CoinRule, nor iGenius has, per Investview’s May 2025 10-Q filing. A 2022 3Commas data breach, initially denied by CEO Yuriy Sorokin but later confirmed with $20 million in losses, raises reliability concerns, per Cointelegraph. iGenius’s prior link to EndoTech, flagged for securities fraud in Belgium, and its NDAU token, dropped due to regulatory issues, further taint its credibility, per FinTelegram. Technical risks include bot malfunctions and Blockchain vulnerabilities, potentially amplifying investor losses.
Global Regulatory Crackdowns Intensify
iGenius faces mounting regulatory scrutiny. Poland’s UOKiK issued a pyramid fraud warning in March 2025, followed by charges against promoters, per CoinDesk. New Zealand’s FMA cautioned against iGenius on July 4, 2025, citing its GameChangers promotions, while Canada’s AMF and Ontario regulators settled securities fraud allegations, banning CoinPro in Canada. The SEC’s ongoing investigation into iGenius, confirmed in May 2024, and a $375,000 settlement for prior fraud add pressure, per Investview’s filings. The Texas State Securities Board’s probe into related schemes like Apertum Foundation suggests a pattern of evasion. X posts from @CryptoSlate highlight investor distrust, with Bitcoin ($116,074) and Ethereum ($3,690) ETFs gaining traction as safer alternatives, per The Block.
Investor Caution in a High-Risk Landscape
The 3Commas partnership deepens iGenius’s regulatory risks, with no evidence of SEC or Estonian Financial Supervision Authority registration. Investors should avoid CoinPro, prioritizing regulated assets like BTC or ETH ETFs, which saw $1.2 billion in July inflows, per SoSoValue. Monitoring SEC updates via @Cointelegraph and verifying platforms on CoinMarketCap is critical. Bitcoin’s $115K support and Ethereum’s $3,800 resistance offer stable entry points, per CoinGape. The iGenius case, echoing CryptoProgram’s fraud allegations, underscores the need for due diligence. As regulatory scrutiny tightens, steering clear of unregistered schemes is essential to avoid losses.
