WEWE Global: Uncovering Hidden Connections

Introduction

While reviewing the WEWE Global Terms of Service, an unusual detail stands out: a direct reference to platform. For a company claiming innovation, transparency, and decentralization, it is strange—if not reckless—to publicly acknowledge another failed project, especially one widely recognised as a Ponzi scheme built around a so-called “decentralised” cryptocurrency token.

The answer becomes obvious once the underlying code behind WEWE Global’s web pages is examined. The connections between the two platforms are not superficial—they are structural.

Evidence in the Code: A Hidden Link Between the Two Schemes

Inspecting WEWE Global’s backend code reveals numerous references to LIC World. Most notably, the user ID system of WEWE Global uses the exact same prefix as the former LIC World platform. This isn’t coincidence; it’s continuity. The infrastructure, the architecture, and pieces of the original project appear to have been reused.

This strongly suggests that WEWE Global is not a new platform but rather a rebranded continuation of LIC World.

To understand what this means for current WEWE Global investors, it’s essential to look back at how LIC World operated—and how it collapsed.

LIC World’s Business Model: Identical to WEWE Global

LIC World lured investors with “MasterBox” packages that promised daily returns in the form of token rewards. These tokens, investors were told, could be converted into Bitcoin. The structure is identical to WEWE Global’s cloud minting program: pay for a package, receive daily tokens, and cash out—supposedly.

The model only functions as long as new investors continue pouring in money. It is a textbook Ponzi scheme, repackaged with crypto terminology.

Familiar Faces: The Same Promoters Behind Both Projects

The overlap continues with the individuals involved. Diego Endrizzi—currently a “Crown Ambassador” and top promoter within WEWE Global—is easily traced back to LIC World. His image appears repeatedly in LIC World promotional content, including the platform’s official Facebook page and marketing materials featuring the Liracoin (LIC) logo.

Endrizzi’s consistent involvement in these schemes raises serious concerns, especially given his prominent role in WEWE Global’s leadership. In earlier analyses, he was already identified as one of the “Top-of-the-Pyramid Promoters” fueling WEWE’s fraudulent cloud minting operation.

The collapse of Liracoin left investors with nothing. Its successor, WEWE Global, simply moved on to fresh victims.

The Reason for the Rebrand: Regulatory Pressure

LIC World didn’t disappear because it succeeded. It disappeared because it failed—and because regulators took notice.

In 2019, Italy’s financial regulator CONSOB issued a public warning and suspension against Liracoin and DAMO, effectively banning them from offering products in Italy. This level of regulatory intervention is often fatal for fraudulent schemes. Faced with increased scrutiny, the operators behind LIC World needed a clean slate.

WEWE Global became that clean slate.

The Investor Experience: Déjà Vu for LIC Victims

For those investing in WEWE Global for its supposed “long-term passive income,” the history of LIC World is a sobering warning. In 2019, investors in LIC World were expressing optimism, excitement, and belief in the returns they were receiving. Yet within months, those payouts dried up. The platform collapsed, and its operators resurfaced under a new name: WEWE Global.

The cycle is predictable. The daily returns continue only as long as new investors join. Once growth slows—or regulators intervene—the scheme collapses, leaving investors empty-handed. Based on the parallels, WEWE Global is following the same trajectory.

Conclusion: WEWE Global Is LIC World Under a New Name

The evidence is overwhelming. The shared code, identical business model, recurring promoters, and regulatory pressures that preceded the rebrand all point to the same conclusion: WEWE Global is simply LIC World reborn. The operators abandoned the old name when it became too toxic, keeping the same structure and the same team while targeting a new wave of unsuspecting victims.

Investors who believe WEWE Global offers long-term income should look closely at what happened to LIC World. The past is not just a warning—it is a blueprint for what is coming next.

Written by

JoyBoy

Updated

7 seconds ago