regulation @ BehindMLM

HyperFund Ponzi promoter Rodney Burton was arrested en route to Dubai back in January. Since then Burton has been in custody pending the outcome of him criminal case. On June 16th, Burton filed a motion requesting a review of his detention. Burton’s motion was denied on July 9th.

Verdicts against EXW Wallet defendants, including co-founder Ben Herzog, were expected to be handed down this month. Austrian authorities have now made new filings in the criminal case, delaying verdicts to at least September.

Media reports from the Netherlands and Belgium have confirmed the identity of the arrested Nano Club Ponzi scammer in Spain. Citing the suspect as “Stijn V.”, multiple reports have confirmed Vanstraelen’s age and former professional cycling career.

iGenius has recently expanded its unregistered trading offering through CoinRule.

Spanish authorities have arrested the ringleader behind the Nano Club Ponzi scheme. Cited only as “the head of a criminal organization”, the suspect has been charged by Belgian authorities on multiple counts of fraud and money laundering.

Billions Trade Club has received a fraud warning from Mexico. As per a June 19th FaceBook post by CONDUSEF;

Star Network has received a fraud related desist and refrain order from California. As per the Department of Financial Protection and Innovation’s June 5th order;

MTFE Global, aka Metaverse Foreign Exchange Global, has received a securities fraud warning from the UK. As per the Financial Conduct Authorities’ June 11th warning, MTFE Global

MetaMax has received a securities fraud warning from the Philippines. As per the Philippine SEC’s June 25th warning, MetaMax

Mavie Global has received a pyramid fraud warning from Russia. As per the Central Bank of Russia’s June 26th warning, Mavie Global exhibits “signs of a financial pyramid”.