One Trade Collapses and Reappears as NeoBank: Investors Asked to Move Their Losses to a New Platform
By DefendMe Team · · Hot News
The collapse of One Trade has reportedly been followed by the launch of a new platform called NeoBank, continuing a pattern that previously saw the failed Arbcore investment scheme replaced by One Trade. Investors are now being encouraged to migrate to the new structure, raising serious concerns about repeated losses and the recycling of victims from one platform into another. According to a recent investigation published by BehindMLM, One Trade has collapsed and is now being replaced by NeoBank, a newly launched cryptocurrency-based MLM investment platform. The development is particularly significant because One Trade itself emerged shortly after the collapse of Arbcore, another crypto investment scheme associated with the same network of promoters. The sequence now appears to be: Arbcore → One Trade → NeoBank Rather than representing three completely unrelated investment opportunities, BehindMLM reports that the platforms share individuals, promotional structures and a similar cryptocurrency investment model. What Happened to One Trade? One Trade promoted cryptocurrency investments with advertised daily returns and an MLM compensation structure that rewarded participants for recruiting additional investors. Problems reportedly became visible during July 2026. Withdrawals were delayed and participants were required to reinvest balances that would otherwise have been available for withdrawal. At the same time, recruitment appears to have become increasingly important to the operation. BehindMLM previously reported that Evgeny Levin, identified by the publication as the person fronting One Trade, complained during a July webinar about declining recruitment and warned that investment contracts could be terminated if the situation did not improve. This is an important warning sign in any investment structure claiming that returns are generated through trading. If returns genuinely originate from profitable external trading activity, the ability of existing investors to withdraw their funds should not depend on the continued recruitment of new participants. From One Trade to NeoBank Following the problems at One Trade, a new platform called NeoBank has now appeared. According to BehindMLM, NeoBank's website domain was privately registered on August 11, 2026, with the earliest identified marketing appearing later that month. Most significantly, One Trade investors were reportedly given until September 1, 2026 to agree to migrate their losses to the new NeoBank platform. This type of transition deserves particular attention. When an investment platform collapses, victims may understandably be willing to accept an offer that appears to provide another opportunity to recover their money. However, transferring an account balance from one platform to another does not necessarily mean that the underlying funds have actually been recovered or transferred. A number displayed on an online dashboard should never be confused with money that can genuinely be withdrawn and controlled by the investor. NeoBank Promises New Returns NeoBank reportedly accepts cryptocurrency investments, including USDT and Bitcoin, while advertising substantial daily returns. According to the promotional structure reviewed by BehindMLM, advertised returns include approximately 1.3% to 1.7% per day for USDT investments and 3% to 3.8% per day for Bitcoin investments, with returns reportedly capped at 300%. The platform also contains an MLM component in which participants can receive commissions connected with recruitment and investments made by other participants. NeoBank reportedly has no retail products or services separate from participation in the investment and recruitment structure. These characteristics should raise significant questions about the source from which the advertised returns are supposed to be generated. Regulatory Concerns Were Already Emerging The transition comes shortly after Australian regulators issued warnings concerning both Arbcore and One Trade. On August 19, 2026, the Australian Securities and Investments Commission (ASIC) reportedly warned that the platforms may have been offering or advertising financial services to Australian consumers without holding the required Australian financial services or credit licences. The warning concerning One Trade also identified its website domain in connection with suspected impersonation activity. This makes the subsequent move from One Trade to another newly created platform particularly relevant for existing investors. Why Reboots Are Particularly Dangerous for Existing Victims The most concerning aspect of schemes that repeatedly change names is that the same victims may be exposed to losses more than once. Someone who has already lost money through Arbcore may have joined One Trade believing that the new platform offered a possibility of recovering those losses. Following the collapse of One Trade, the same person may now be encouraged to continue with NeoBank. This can create a cycle in which earlier losses are used to persuade victims to remain involved rather than accept that the original investment may no longer be recoverable through the platform. Promises that balances will be “migrated”, “converted”, “restored” or “transferred” should therefore be treated with particular caution. What Investors Should Do Anyone who invested through Arbcore, One Trade or a related platform should preserve all available documentation, including: • cryptocurrency wallet addresses and transaction hashes; • records of USDT, Bitcoin or other cryptocurrency transfers; • screenshots showing account balances and withdrawal requests; • emails, Telegram or other messaging communications; • names and contact details of promoters or account representatives; • documents relating to the proposed migration to NeoBank; and • any requests for additional deposits, reinvestment or payments. Investors should also be extremely cautious about transferring additional cryptocurrency to NeoBank simply because they are told that doing so is necessary to preserve or recover their previous One Trade balance. The progression from Arbcore to One Trade and now NeoBank demonstrates an important feature of online investment fraud: the collapse of one platform does not necessarily mean that the operation disappears. Sometimes, only the name changes. If you invested through Arbcore, One Trade or NeoBank and are unable to withdraw your funds, or have been asked to transfer additional cryptocurrency in order to preserve or recover an earlier investment, preserve all transaction records and communications. These materials may be important for tracing the movement of funds and assessing possible legal action. DefendMe Global