regulation @ BehindMLM

A proposed The Traders Domain victim claims process was approved on April 29th. As per the approval order, The Traders Domain victims have until July 28, 2025 to file claims.

AkashX has received a securities fraud warning from New Zealand’s Financial Markets Authority (FMA). As per the FMA’s May 2nd AkashX warning;

ArbiSmart has been ordered to cease committing securities fraud in Italy. As per an order published by CONSOB on April 30th, ArbiSmart has been found to be illegally offering investment services to Italian residents.

Barnaje DAO has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC). ASIC added Barnaje DAO to its Investor Alert List on April 7th, 2025.

Following an investigation that began in 2023, iGenius has received a securities fraud warning from Poland’s Office of Competition and Consumer Protection (UOKiK).

WeWe Global has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC). ASIC added WeWe Global to its Investor Alert List on April 8th, 2025.

Last November the long-running forex scam IM Mastery Academy rebooted as Iyovia. No official reason was given for the rebranding, prompting me to speculate; If I had to guess, IM Mastery Academy rebranding as Iyovia probably signals we’re getting close to the outcome of the FTC’s investigation. On May 1st the FTC and Nevada filed [Continue reading…]

Cryptex has received a securities fraud warning from Austria’s Financial Market Authority (FMA). As per the FMA’s April 12th, 2025 Cryptex warning;

The SEC has sued PGI Global’s Ramil Venture Palafox and several relief defendant accomplices. Ramil Ventura Palafox is the sole named defendant. The SEC has also sued four relief defendants;

PGI Global Ponzi scammer Ramil Ventura Palafox, aka RV Palafox, has been arrested in California. Palafox’s arrest follows a March 13th, 2025 sealed Grand Jury indictment in Virginia.