⚠ Investor warning: do not invest in Delta One (deltaoneai.com). Read why
John Albert Loar Barksdale
Investigation · October 2026

John Albert
Loar Barksdale
New suspected fraud in Dubai and the USA

Indicted in New York over a $70 million crypto fraud and with no court appearance on record, John Albert Loar Barksdale is, according to Nexora’s victims, behind Delta One, a new crypto platform launched on 17 September 2026. Its public faces include a Las Vegas businessman; the victims say Barksdale steers it from Dubai.

Indicted · U.S. federal court, New York $79M SEC judgment No court appearance on record “A wanted fugitive” BehindMLM

United States v. Barksdale, 1:21-cr-00684 (S.D.N.Y.): four counts of securities and wire fraud, up to 65 years combined. U.S. prosecutors say his Ormeus Coin raised at least $70 million from more than 8,000 investors.

New · launched 17 September 2026
Delta One
Do not invest.

A new “trading engine” that pays out every night until your money doubles, recruiting through a 21-level network. Its founders call shows a Zoom participant named “Nexora Support”. Victims link it to Barksdale.

Why we warn →
Delta One website
Still online
Nexora
−99.99%

Promised: 360% a year. Delivered: five tokens crashed by 89–99.99%, and the withdraw button reads “coming soon”. $1.02M of payments went to the wallet the report attributes to him.

What happened at Nexora →
Nexora promotion: 360% APY
What Nexora promised
Before that · 2024 – 2025
Akasha
$36.3M

paid by 24,673 wallets into collection wallets; $14.1M went on to a wallet linked to him (not yet confirmed). The Akasha token AK1111 fell from $3.23 to $0.002.

The Akasha money →
And before that · 2017 – 2022
Ormeus Coin
$70M+

from more than 8,000 investors, U.S. prosecutors say. Arrested in Thailand in 2019. Indicted in New York in 2021. Ordered to pay $79 million in the SEC case in 2023.

The full record →
Investor warning

Delta Onedeltaoneai.comLaunched 17 September 2026Do not invest.

Delta One presents itself as a “multi-strategy trading engine” that earns money every day. It went live on 17 September 2026, while Nexora is still online and five of Nexora’s tokens have already collapsed by 89–99.99%. According to Nexora’s victims, John Barksdale is behind Delta One and steers the operation in the background, while other people act as its public faces.

John Albert Loar Barksdale
According to Nexora’s victims
The man behind the curtain
John Albert Loar Barksdale
  • Indicted in New York over a $70 million crypto fraud
  • $79 million SEC judgment · no court appearance on record
  • Identified by its victims as the man behind Nexora

Victims say he steers Delta One from the background, while other people act as its public faces. Delta One’s founders call shows a Zoom participant named “Nexora Support”.

Our advice: do not deposit money with Delta One.

Nexora promised daily earnings too. Its victims say they cannot withdraw their money, and its tokens became almost worthless.

What links Delta One to Nexora

What Delta One offers

$1,000
minimum deposit, paid in USDT on BNB Smart Chain
200%
contract cap: earnings settle every night until the deposit has doubled
10%
paid to recruiters (“ambassadors”) on their recruits’ earnings
21 levels
the depth of the recruitment “matrix”, according to the founders call

The website says that earnings are never guaranteed, and in the founders call Mr Pack said that Delta One will not guarantee a rate.

Warning signs

The faces of Delta One

Delta One’s public faces are James Pack, introduced in the founders call as founder and president, and Ricky Lundell, introduced as director and managing director of the company. On Delta One’s sales page (below), Mr Lundell is presented as “President & Co-Founder”. According to the victims, Barksdale has once again placed people in front of his scheme who do not know who is behind it, while he steers the operation in the background, as he did with Nexora.

James Pack, as presented in Delta One’s public founders call (“Founder”).
Ricky Lundell, as presented in Delta One’s public founders call.

James Pack is also listed as Chief Executive Officer of DAG Technologies Inc., Las Vegas, on that company’s website. No connection between DAG Technologies and Delta One or Nexora is known or alleged.

The sales page: landing.deltaoneai.com

A second Delta One website, landing.deltaoneai.com, runs on the same server as deltaoneai.com and works as its sales page. Under the slogan “People. Technology. Opportunity.” it offers “Four short videos. One clear picture.” The videos are cinematic clips whose imagery appears to be AI-generated: presenters in matching black flight suits with the Delta One logo, a jet with Delta One branding flying through a city at night, and a giant glowing “engine”. A fourth tile advertises “Founder NFT Seats” as a “launch promotion”.

The same page introduces Mr Pack as “Founder” and Mr Lundell as “President & Co-Founder”, with a separate founders page that describes their careers: for Mr Pack, more than 40 years as an entrepreneur in telecommunications, real estate and direct sales; for Mr Lundell, a career as a world-champion grappler and as a coach of elite fighters and special-operations personnel. Like the main website, the sales page names no company, registration number, address or financial licence.

landing.deltaoneai.com: “People. Technology. Opportunity.”
The sales page presents Mr Pack as “Founder” and Mr Lundell as “President & Co-Founder”.
“Four short videos. One clear picture.” The imagery appears to be AI-generated. Tile 4 promotes “Founder NFT Seats”.

The victims believe that Mr Pack and Mr Lundell are most likely unaware of Barksdale’s background and of his role behind Delta One. As far as we know, they have done nothing wrong, and no wrongdoing by them is alleged.

Screenshots of Delta One

deltaoneai.com: “Multi-strategy trading engine”.
The ambassador back office: “Private. By invitation.”
Registration video, step 1: the deposit “earns a little every day, until it has doubled”. Minimum $1,000.
Registration video: connecting a crypto wallet.
Registration video: “Send only USDT on BNB Smart Chain” (example address from the video).

Screenshots taken from Delta One’s public websites and registration video, October 2026.

The man behind it, according to the victims

Who is John Albert Loar Barksdale?

Barksdale is the defendant in United States v. Barksdale (S.D.N.Y., case 1:21-cr-00684). He was indicted in 2021 on securities-fraud and wire-fraud charges over the Ormeus Coin crypto scheme, which U.S. prosecutors say raised at least $70 million from more than 8,000 investors through false claims about a crypto-mining operation. The court docket shows no court appearance since the indictment was unsealed in March 2022.

A group of investors who lost money on Nexora has analysed public blockchain data. Its analysis, from April 2024 to September 2026, found:

  • $1.02M of payments from 2,268 paying wallets were collected by Nexora’s purchase contracts and forwarded to the wallet that owns Nexora’s smart contracts, which the report attributes to Barksdale (Aug 2025 – May 2026).
  • Six tokens, six crashes. Five Nexora tokens and the earlier AK1111 token fell by 89–99.99% from their peaks.
  • Manufactured demand: about 15,000 newly created wallets and 10 trading bots, funded from a single source. The bots alone made 84% of all OLIVIA2.0 trades.
  • Before Nexora, during the “Akasha” scheme (Oct 2024 – Oct 2025), 24,673 wallets paid $36.3M into four collection wallets, which forwarded $14.1M to a wallet the analysis links to him (not yet confirmed).
  • In total, $32.6M in stablecoins moved through five wallets linked to him, and $6.74M was sent to cryptocurrency exchanges.
Criminal case
United States v. Barksdale, 1:21-cr-00684 (S.D.N.Y.): four counts of securities and wire fraud, up to 65 years combined
Civil case
SEC v. Barksdale et al., 1:22-cv-01933: default judgment of about $79M (2023)
Status
No U.S. court appearance on record. Reported in Dubai in 2022 and 2023, called “a wanted fugitive” (BehindMLM)
Alias
“Neo Anderson” (BehindMLM, April 2025)

These are minimum figures. They cover only the wallets identified so far, and he very likely controls further wallets. One of the five wallets is not yet confirmed as his. Mr Barksdale is presumed innocent of the U.S. criminal charges, and the allegations about Nexora, Akasha and Delta One have not been tested in court.

The record

From Ormeus Coin to Delta One

Every entry comes from a court record, a regulator, a published news report or the public websites concerned (sources below).

Before Nexora

Akasha, 2024 – 2025

According to BehindMLM (24 April 2025), Barksdale marketed Akasha “super node” positions under the alias “Neo Anderson”: from 50 USDT up to 30,000 USDT per node, investments of up to 300,000 USDT, advertised returns of up to 12% a month and funds locked for ten years, alongside “Sovereign” debit-card packages that promised 1% a day. Akasha’s token, AK1111, went from $3.23 at its peak (23 March 2025) to $0.002.

$36.3M
paid by 24,673 different wallets into four collection wallets
Oct 2024 – Oct 2025
$14.1M
forwarded to a wallet linked to him (not yet confirmed as his)
$149
median payment per paying wallet: mostly small, round amounts

The wallet that deployed AK1111 was funded by the main wallet the report attributes to Barksdale, and the token was deployed in the same minute. The payments peaked in March 2025, the month AK1111 reached its high. The blockchain does not show what each payment was for.

Context: Mavie Global, the Dubai MLM at whose office BehindMLM reported seeing him in 2023, claimed in its own press release to have raised 404 million USDT from more than 250,000 people. Quebec’s securities regulator obtained a cease-and-desist order against its operators in May 2024. BehindMLM’s editor has written that he saw no evidence that Barksdale created Mavie Global.

Nexora

360% a year promised. Withdrawals “coming soon”.

Nexora is a crypto MLM “back office” in which members buy “nodes” and tokens, collect “interest” and climb ranks. It advertised 360% APY, 30% a month, “get 100% extra” bonus offers, an AI trading platform and a crypto card. Victims report that they cannot withdraw their money: the button in the back office reads “Withdraw coming soon”.

Nexora promotion: “360% APY · 30% per month”
Nexora promotion: “Buy Olivia 2.0 – get 100% extra”
Nexora back office: “Withdraw coming soon”

Screenshots from the Nexora back office, provided by victims. Personal details have been removed.

Where the payments went

The tokens

Six tokens, six crashes

Token and contractNetworkSchemePeak1 Oct 2026Fall
AK1111
0xcfa181173554be8bd2e73621803d7fa489ed3ee0
BNB ChainAkasha$3.23
2025-03-23
$0.0020−99.93%
wINC
0xb04eb6b127a5588234fa6fd14df16ff00a7d466c
BNB ChainNexora$20.55
2026-04-26
$0.000019−99.999%
wINC2.0
0xc2abfebf78cc4fea3aec2cc1b06cba4d815bc81a
BNB ChainNexora$43.46
2026-05-04
$0.0021−99.995%
OLIVIA
0x8ccb4a6fec337c6b0dcb838732fcdaddb2e412e7
BaseNexora$0.0440
≈ Apr 2026
$0.000025−99.94%
OLIVIA2.0
0x8185eaf46136a3f095c60facd97eca1bfc2f38f6
BaseNexora$0.2238
2026-07-08
$0.0242−89.18%
AK2222
0xbde04c92fc814a033522913fc111dbe05cb484d4
BaseNexora$36.10
2026-05-21
$0.0997−99.72%

Token contract addresses are public; prices from the tokens’ trading pools. Some early price series are incompletely indexed by the data provider.

All six tokens, side by side

Blue: the token’s daily price, with its peak marked. Red: stablecoins pulled out of the token’s trading pool per day by wallets linked to him.

OLIVIA2.0Nexora · Base−89.18%
$0$0.1119$0.2238peak $0.2238pulled from the pool · biggest day $177,884May 2026Jul 2026Oct 2026
$0.2238 → $0.0242 (1 Oct 2026)
$449,568 pulled from the pool by the wallet attributed to him
AK2222Nexora · Base−99.72%
$0$18.05$36.10peak $36.10pulled from the pool · biggest day $11,207Apr 2026Jul 2026Oct 2026
$36.10 → $0.0997 (1 Oct 2026)
$40,725 pulled from the pool by the wallet attributed to him
wINC2.0Nexora · BNB Chain−99.995%
$0$21.73$43.46peak $43.46pulled from the pool · biggest day $19,215Apr 2026Jul 2026Oct 2026
$43.46 → $0.0021 (1 Oct 2026)
$24,621 pulled from the pool by the wallet attributed to him
wINCNexora · BNB Chain−99.999%
$0$10.28$20.55peak $20.55pulled from the pool · biggest day $30,925Mar 2026Jun 2026Oct 2026
$20.55 → $0.000019 (1 Oct 2026)
$152,444 pulled from the pool by the wallet attributed to him
OLIVIANexora · Base−99.94%
$0$0.0068$0.01371 Oct 2026: $0.000025highest recorded $0.0137no pool withdrawals by his wallets in the dataApr 2026Jul 2026Oct 2026
$0.0440 → $0.000025 (1 Oct 2026)
No pool withdrawals by his wallets found
AK1111Akasha · BNB Chain−99.93%
$0$1.61$3.23peak $3.23pulled from the pool · biggest day $75,128Nov 2024Oct 2025Oct 2026
$3.23 → $0.0020 (1 Oct 2026)
$104,134 pulled from the pool by a wallet linked to him (not yet confirmed)

Withdrawals are gross amounts. On OLIVIA2.0 they were $418,000 more than the stablecoins his wallet had put into the pool. On wINC, wINC2.0, AK2222 and AK1111 the wallets took out about as much as they had put in; the losses on those tokens came through other routes, such as collection and entry contracts, private sales and newly minted tokens. Where the daily price data stops early, a dashed line joins the last recorded price to the price on 1 Oct 2026. Price data for wINC is indexed from its peak day (26 Apr 2026), for AK1111 from March 2025, and for OLIVIA only from April to June 2026; OLIVIA’s peak of about $0.044 comes from a chart screenshot.

Pulling the dollars out of the pool

Each token traded in a “liquidity pool” that holds dollars (stablecoins) and tokens. When victims buy, their dollars go into the pool and the price rises. Whoever owns the pool position can withdraw the dollars at any time. Once they are gone, nobody can sell any more: the price collapses and the victims’ tokens become worthless.

On OLIVIA2.0, the wallet attributed to Barksdale placed tokens into the pool, then withdrew $449,568 in USDC: $418,000 more than the stablecoins it had put in. $365,822 of it came out between 22 June and 7 July 2026, just before the price peaked on 8 July.

$0.00$0.05$0.10$0.15$0.20$0.25peak 8 Jul 2026USDC withdrawn from the pool by the main wallet, per dayJun 2026Jul 2026Aug 2026Sep 2026Oct 2026

OLIVIA2.0 daily price (USDC, top) and USDC withdrawn from the pool per day by the main wallet (bottom). Base network, Uniswap V3.

Fake demand and cash-out

A crowd that wasn’t there

≈ 15,000
brand-new wallets created and funded by one operator on 5–6 July 2026, two days before the peak, each buying about $0.001 of OLIVIA2.0
84%
of all OLIVIA2.0 trades (12 May – 23 July 2026) made by 10 bot wallets, funded in a single transaction
$6.74M
sent to cryptocurrency exchanges
May 2024 – Sep 2026
$32.6M
in stablecoins moved through five wallets linked to him (gross)
Apr 2024 – Sep 2026

The wash trading made the token look busy and widely held. The money that funded the operator’s wallets traces back into Barksdale’s network. Exchanges can identify the holders of the accounts that received his wallets’ deposits.

About this information

Method, limits and sources

How it was produced

The findings come from public blockchain data (BNB Chain and Base, with other EVM networks for the wallet totals), public court and regulatory records, published news reports, the public websites and recordings of the platforms concerned, and material supplied by victims. Every on-chain figure in the full report is backed by public transactions that anyone can check on a block explorer.

Minimum figures

All amounts cover only the wallets identified so far. He very likely controls further wallets that have not been identified, so the real amounts are probably higher. Totals are gross flows, one of the five wallets is still unconfirmed, and Ormeus Coin (2017–2022) is not included in the on-chain figures.

Best-effort work

The analysis was carried out by victims to the best of their ability. It is not a certified forensic examination and should be verified by professional forensic investigators.

Attribution and presumption of innocence

The blockchain shows which wallets control funds, not who controls the wallets. Statements by courts, regulators and news outlets are attributed to them; information from victims is marked as such. Mr Barksdale has not been convicted and is presumed innocent. As far as we know, the people presented as Delta One’s founders have done nothing wrong, and no wrongdoing is alleged against them.

Sources

  1. U.S. Department of Justice, press release 22-070 (8 Mar 2022)
    https://www.justice.gov/usao-sdny/pr/john-barksdale-charged-cryptocurrency-securities-fraud-connection-sale-ormeus-coin
  2. United States v. Barksdale, 1:21-cr-00684 (S.D.N.Y.), court docket
    https://www.courtlistener.com/docket/63141519/united-states-v-barksdale/
  3. U.S. SEC, press release 2022-37 (8 Mar 2022)
    https://www.sec.gov/newsroom/press-releases/2022-37
  4. U.S. SEC, Litigation Release 25680: final judgment (30 Mar 2023)
    https://www.sec.gov/litigation/litreleases/lr-25680
  5. Bloomberg Law: “Siblings accused of $124 million crypto scam ran Times Square ad” (8 Mar 2022)
    https://news.bloomberglaw.com/crypto/siblings-accused-of-124-million-crypto-scam-ran-times-square-ad
  6. Asia Financial: “US says Asia-based siblings created $124m crypto fraud” (9 Mar 2022)
    https://www.asiafinancial.com/us-says-asia-based-siblings-created-124m-crypto-fraud
  7. WWNY TV 7: “Former Massena cryptocurrency miners accused of fraud” (11 Mar 2022)
    https://www.wwnytv.com/2022/03/11/former-massena-cryptocurrency-miner-accused-fraud/
  8. Pattaya One News: “American cryptocurrency boss arrested in Thailand” (9 Aug 2019, archived)
    https://web.archive.org/web/20240809220401/https://pattayaone.news/video-american-cryptocurrency-boss-arrested/
  9. Newsflare: arrest footage, Koh Samui (filmed 6 Aug 2019)
    https://www.newsflare.com/video/552836/cryptocurrency-fraudster-john-barksdale-arrested-on-thai-island-archive-2019
  10. BehindMLM: “US authorities hunting Ormeus Global’s John Barksdale” (27 Apr 2022, upd. 1 Sep 2022, archived)
    https://web.archive.org/web/20241111115750/https://behindmlm.com/companies/ormeus-global/us-authorities-hunting-ormeus-globals-john-barksdale/
  11. BehindMLM: “Mavie Global harboring wanted fugitive John Barksdale” (6 Oct 2023, archived)
    https://web.archive.org/web/20250121152404/https://behindmlm.com/companies/mavie-global-harboring-wanted-fugitive-john-barksdale/
  12. BehindMLM: “Ultron & Akita Rider fraud continues through Akasha” (24 Apr 2025, archived)
    https://web.archive.org/web/20250916050715/https://behindmlm.com/companies/ultron-akita-rider-fraud-continues-through-akasha/
  13. BehindMLM: “Mavie Global & Ultron securities fraud order from QC, CA” (8 Jun 2024, archived)
    https://web.archive.org/web/20251012053148/https://behindmlm.com/companies/mavie-global-ultron-securities-fraud-order-from-qc-ca/
  14. Mavie Global press release on BusinessForHome (28 Jul 2023): the company’s own 404 million USDT claim
    https://www.businessforhome.org/2023/07/mavie-global-sealed-404-million-usdt-tvl-for-ultron-foundations-layer-1-blockchain/
  15. Delta One public website and portals: deltaoneai.com (viewed October 2026); domain registration data (RDAP); Internet Archive capture of 17 September 2026.
  16. Delta One sales page and founders page: landing.deltaoneai.com (viewed October 2026).
  17. Delta One “Founders Call”, public Zoom recording, 17 September 2026.
  18. alpha-infinity.io: domain registration data (RDAP) and the public code of its customer, ambassador and admin portals, compared with deltaoneai.com (October 2026).
  19. DAG Technologies, Inc. website, leadership listing (viewed October 2026)
    https://www.dagtech.info/