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The SEC has sued two additional promoters of the Mike G Deal (aka CoinDeal). Arline Woodbury (70) and Joyce Holverson (76), stand accused of “making and/or disseminating various false statements about CoinDeal when soliciting prospective investors.”

Following a bench trial held last October, the Northern District Court of Texas began deliberation on FTC v. Neora. On September 28th the court handed down its findings, ruling in favor of Neora.

The Toga Limited Ponzi scheme has lost its sham SEC registration. As part of efforts to dupe investors in Asia, Toga Limited heavily touted its SEC registration in its marketing.

AirBit Club co-founder Pablo Renato Rodriguez, 40, has been sentenced to 12 years in prison. On the money side of things, forfeiture was set at $65 million as per a previously consented to order back in March.

The CFTC has secured default judgment against SAEG Capital General Management and Fredirick Safranko. Following Entry of Defaults recorded against both SAEG and Safranko, default judgment was ordered on September 5th.

Kirill Medvedev has filed suit against Binance for allegedly freezing funds tied to the Nimbus Platform Ponzi scheme.

A September 21st sentencing guideline has recommended Michael Glaspie be sentenced to 46 to 57 months in prison (3.8 to 4.7 years). Joint restitution of $54.6 million has also been tabled.

Following an SEC lawsuit alleging $108 million in fraud, OnPassive appears to be diverting payments to Dubai. OnPassive affiliates report US banks are flagging the transactions as fraudulent.

On September 7th the DOJ moved to stay proceedings in the CFTC’s civil iComTech case. The request was granted on September 8th.

Success by Health as a corporate entity has been ordered to pay $7.3 million dollars in penalties. The September 18th judgment follows an earlier May 2023 judgment, which saw Jay Noland have to pay the same amount for violating the 2002 NetForce injunction.