Jesse Singh January 21, 2023

BitradeX Review: Olivier Giroud, AI Trading & the MLM Crypto Circus

Crypto MLM Reviews
February 19, 2026

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When an MLM crypto scheme needs credibility, it usually does one of three things:

Hires a fake CEO
Registers a shell company
Slaps “AI” on everything

BitradeX decided that wasn’t enough.

So they added Olivier Giroud.

Yes, that Olivier Giroud.
France’s all-time top goalscorer.
World Cup winner.
Now front and center of a crypto MLM promising passive returns.

If that sentence feels strange, that’s because it is.

Let’s break this down calmly — and logically — before someone confuses football glory with financial legitimacy.

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Let’s dig in.

Who Runs BitradeX?

Short answer: not clearly disclosed.

BitradeX fails to provide verifiable ownership or executive information on its website.

The original domain, bitradex.com, launched around February 2025.

Then things got interesting.

Toward the end of 2025, the .COM domain was frozen. WHOIS records show “clientRenewProhibited” — a status typically associated with legal disputes or serious issues.

That’s not routine maintenance.

That’s a red flag.

Shortly after, BitradeX switched to bitradex.ai on January 9th.

The .AI domain had been privately registered months earlier and appears to have been sitting idle — almost like a backup parachute.

When your main domain gets frozen and you conveniently switch to a pre-registered spare, it suggests preparation.

BitradeX initially rolled out a CEO named “Nikolai Bonello Jenkins” in mid-2025. He appears to be a real individual from Malta — but he has largely vanished from marketing.

Now the face of BitradeX is Olivier Giroud.

Giroud confirmed his involvement publicly in 2025.

That doesn’t automatically make BitradeX legitimate.

Celebrities endorse things all the time.

Sometimes wisely.
Sometimes… not.

BitradeX is tied to BitradeX Fintech Limited, a UK shell company registered in March 2025.

Shell registrations are easy. They don’t verify operations or trading revenue.

Interestingly, the Apple App Store lists the developer as “辉陈” — Chinese characters.

Archived versions of the BitradeX website defaulted to Chinese in late 2025.

That strongly suggests Chinese operational ties.

So we have:

Frozen .COM domain
Backup .AI domain
UK shell company
Chinese developer name
Celebrity footballer as frontman

It’s… a mix.

BitradeX’s Products

There are no retail products.

No SaaS platform.
No institutional AI licensing.
No consumer service sold outside the opportunity.

The only thing being marketed is promoter membership and the attached passive income plan.

No retail customers = no visible external revenue.

That matters.

BitradeX’s Compensation Plan

Promoters invest USDT, which is converted into something called USDN.

Then comes the passive income promise.

Two main plan categories:

AI Daily

Starts at 0.1% daily
Gradually increases to 0.25% by week six

AI 30–360

0.3% daily for 30 days
0.35% for 60 days
0.4% for 180 days
0.5% for 360 days

Half a percent per day for a year.

That’s roughly 180% annual return.

If BitradeX truly had an AI bot generating 0.5% per day consistently and legitimately, they wouldn’t need:

50 USDT deposits
VIP rank ladders
Two-level ROI matches

They would quietly manage institutional capital.

Instead, we get a multi-tiered MLM overlay.

BitradeX Promoter Ranks

There are six ranks:

VIP1
VIP2
VIP3
VIP4
VIP5
VIP6

To reach higher ranks, you must:

Invest personally
Recruit multiple promoters
Build two recruitment legs
Generate anywhere from 50,000 to 15,000,000 USDT in downline volume

Fifteen million dollars in downline deposits for VIP6.

That’s not a customer acquisition model.

That’s a capital recruitment structure.

Notice what’s being tracked?

Deposit volume.

Not product sales.

ROI Match

BitradeX pays a ROI match down two levels:

VIP1: 10% on level 1, 5% on level 2
VIP6: 60% on level 1, 5% on level 2

Yes — 60% match on level 1 at the highest rank.

That match is “coded,” meaning higher ranks earn the difference between their rate and their recruit’s rate.

This structure ensures one thing:

The more deposits your recruits generate, the more you earn.

Not from trading profits.

From their investment.

That distinction matters.

Joining BitradeX

Membership is free.

Full participation requires a minimum 50 USDT investment.

Small entry.
Scalable recruitment.
AI promise attached.

Very familiar blueprint.

The AI Trading Claim

BitradeX claims it generates external revenue through an AI trading bot.

No audited financial statements are provided.
No third-party verification.
No regulatory licensing disclosures.

If BitradeX were operating a legitimate passive returns investment program, it would need to register with financial regulators.

There is no evidence this has been done.

Here’s the simple logic test:

If the bot consistently generates 0.5% daily legitimately, why:

Accept small retail deposits?
Build a six-tier MLM ladder?
Pay 60% ROI matches?

You wouldn’t.

Unless the deposits themselves are part of the revenue model.

The BTX Token

BitradeX pays returns in its own BTX Solana-based token.

Internal tokens are common in MLM crypto structures.

When things are running smoothly, withdrawals flow.

When liquidity tightens, token withdrawals are often the first thing restricted.

If BitradeX were to collapse, disabling BTX withdrawals would trap investors inside the system.

Internal tokens can be created cheaply.

Liquidity, however, is not guaranteed.

The Regulatory Angle

BitradeX’s passive ROI structure resembles a securities offering.

There is no evidence of registration with regulators.

Offering unregistered investment contracts can constitute securities fraud in regulated jurisdictions.

That’s not a minor technicality.

It’s a legal issue.

Final Verdict

BitradeX presents:

Anonymous ownership
Frozen original domain
Backup .AI domain
UK shell company
Chinese development ties
Celebrity footballer endorsement
No retail products
No verified external trading revenue
MLM rank ladder based on deposit volume
ROI match funded by investment

The branding says AI trading.

The structure says capital recruitment.

When recruitment slows, new investment slows.

When new investment slows, payouts tighten.

When payouts tighten, collapse follows.

Celebrity endorsement does not override financial mechanics.

And as with all MLM-style crypto investment schemes, when the model fails, the majority of participants are left holding internal tokens that no longer convert smoothly to USDT.

Math doesn’t care who scored the goals.

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