Robin Enos has settled Krstic Ponzi empire fraud charges with the SEC.

Enos’ SEC settlement was filed as a pending consent judgment on September 30th. The court approved the consent judgment later the same day.

Enos’ Krstic Ponzi empire consent judgment consists of:

  • a permanent injunction prohibiting further violations of the Securities Exchange Act;
  • having anything to do with securities, “including any digital asset securities”, tied to an entity; and
  • payment of disgorgement, prejudgment interest and a civil penalty, to be determined at a later date on motion of the SEC

Enos worked with Kristijan Krstic to defraud consumers through a number of MLM crypto Ponzi schemes. These included Bitcoiin (aka Bitcoiin2Gen), Crypto Mining Space, Palilula Mining, BTC Trader Online, BTC Mining Factory and Coin Pool Mining.

As alleged by the SEC;

Enos drafted the fraudulent promotional materials he knew [John] DeMarr and Krstic were disseminating to the investing public in connection with these offerings.

Bitcoiin2Gen was a sham. Enos knowingly or recklessly drafted, and DeMarr and Krstic knowingly disseminated, fictitious technical white papers and fake websites to create the misleading appearance that the B2G tokens were genuine digital assets that were trading on the Ethereum blockchain, when they knew or recklessly disregarded that they were not.

The SEC also named John DeMarr and Krstic in their lawsuit. The outcome of the case against both defendants remains pending.

Separately, DeMarr and Krstic were indicted in relation to the same fraudulent conduct.

Demarr pled guilty and was sentenced to five years in prison in February 2023.

Krstic was arrested in Georgia and extradited to the US in late 2023. The outcome of two criminal cases filed against Krstic remains pending.