WEWE Global

WEWE Global

WEWE Global (associated with the domain wewe.global) has been promoted online as part of a cryptocurrency- and “digital products”–oriented platform, marketed through webinars, public events, and referral-based recruitment. (fma.govt.nz)

Regulatory status and official warnings

New Zealand’s Financial Markets Authority (FMA) has issued a public warning describing WEWE Global (also known as “The Blockchain Era”) and LYOPAY as a suspected Ponzi and pyramid scheme. The FMA states that these entities were offering cryptocurrency products and services in New Zealand while not being registered on the Financial Service Providers Register and not being regulated for providing those services to New Zealand retail clients; it recommends caution. The warning was issued on 8 February 2023 and updated on 13 November 2023. (fma.govt.nz)

Names and online presence mentioned by regulators

In the same FMA warning, WEWE Global is presented as linked with multiple websites and brand names (including “The Blockchain Era” and “LYOPAY”), indicating a broader ecosystem of related domains and services being promoted to consumers. (fma.govt.nz)

Operational status (as represented on review platforms)

A claimed company profile on Trustpilot states that “WEWE Global … is no longer operational as it has been absorbed,” and provides a customer-service email address. (This is a self-description on a review platform, not a regulator statement.) (trustpilot.com)

Summary

In publicly available material, WEWE Global is primarily notable for having attracted regulatory scrutiny (notably in New Zealand) over allegations consistent with unregistered financial activity and suspected Ponzi/pyramid characteristics, rather than for verifiable, regulated corporate operations. (fma.govt.nz)