regulation @ BehindMLM

In a final blow to Chris Terry’s years of planning to hide assets, a court-appointed Temporary Receiver has been made permanent. From the court’s November 7th eighty-seven page order;

Noted as far back as May, BitClub Network defendant Joby Weeks has been flooding his criminal case docket with motions and notices. Most of the motions aren’t worth reporting in one of the motions Weeks sought to withdraw his guilty plea.

Serial MLM crypto scammer Nicholas Coppola has received a two year suspended prison sentence. Following victim complaints that prompted an investigation, authorities allege Coppola defrauded eighteen investors out of €400,000 EUR. Following his arrest last December in Italy, Coppola’s trial was scheduled for October 2025.

SageMaster has received a securities fraud warning from Austria’s Financial Market Authority (FMA). As per FMA’s November 3rd SageMaster warning;

HelloBit has received a second securities fraud warning from Spain’s Comision Nacional del Mercado de Valores (CNMV). As per CNMV’s October 20th HelloBit warning;

Meta Whale has received a pyramid scheme fraud warning from Slovenia’s Securities Market Agency (ATVP). As per ATVP’s October 6th Meta Whale warning;

Two Fintoch admins have been arrested in China and Thailand. As reported by Khaosod English on October 29th;

Driven Trading’s Cory Kromray has pled guilty to wire fraud and money laundering. Following an indictment back in May, Kromray’s guilty plea was submitted on October 10th.

In a lawsuit filed against fellow Jifu co-founder Kyle Copeland, Bradley Boyle has made allegations of “legally risky business practices”. Boyle’s lawsuit also seems to suggest the FTC and State of Nevada are actively investigating Jifu.

Trong Hoang Luu and Linh Thuy Le, Win On Wealth’s husband-and-wife co-founders, have been indicted. The pair, who are based out of California, have also been sued by the SEC on civil fraud charges.