Athene Network has received a $100,000 default judgment against it.

Athene Annuity was awarded damages on August 22nd, following a trademark infringement lawsuit filed in May 2024. [Continue reading…]

Following a complaint asserting Apertum Foundation’s APTM token isn’t MiCA compliant, BitMart has restricted trading activity in Lithuania. [Continue reading…]

Following news of Blockchain Sports’ ATLA token exit-scam on the equally dodgy MEXC crypto exchange, today we’re digging into the specifics of the fraudulent investment scheme. [Continue reading…]

The Coinplex “click a button” app Ponzi has collapsed.

Following reports of delayed withdrawals, on August 23rd CoinPlex informed investors it was abandoning its current website domain.

Hoping to steal as much as they can from investors before disappearing, CoinPlex also announced a MiCA exit-scam. [Continue reading…]

Recovery scammers MyChargeBack have secured a non-prosecution agreement from the DOJ.

As a result of the agreement, details of which have not been made public,  the DOJ has agreed to return MyChargeBack’s website domain to parent company Cactil LLC. [Continue reading…]

Marlinn Group fails to provide ownership or executive information on its website.

Marlinn Group’s website domain (“marlinn.io”), was privately registered on December 14th, 2024.

By July 2025 Marlinn Group had found someone to play fictional CEO Alejandro Morales:

The above is taken from a video published to Marlinn Group’s official YouTube channel on July 3rd.

“Alejandro Morales” is played by Lex Morales, a US expat comedian living in Thailand .

Morales works as a producer at The Comedy Joint, a Bangkok comedy club he co-founded. “Funwithlex” is another comedy business venture of Morales’.

Boris CEO schemes, where an actor is hired to play a fictional executive, are typically run by eastern European scammers (Russia, Ukraine and/or Belarus).

Thailand emerged as a hotspot for fleeing Russians after Russia invaded Ukraine in 2022.

Chinese scammers are also known for running Boris CEO scams:

Curiously, as of July 2025 SimilarWeb was tracking 100% of Marlinn Group’s website traffic from Bulgaria.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]

Good Energy Co. fails to provide ownership or executive information on its website.

A corporate address in Plano, Texas is provided, however this appears to be a virtual mailing address owned by WeWork.

Further research reveals Andrew McWilliams citing himself as Good Energy Co.’s CEO on LinkedIn:

McWilliams is known to BehindMLM as founder and CEO of Revital U, a coffee MLM that launched in late 2016.

A visit to Revital U’s website domain reveals it now redirects to Good Energy Co.’s website.

Good Energy Co.’s website domain (“sharegoodenergy.com”), was registered in March 2024. A few months later Revital U’s official FaceBook page was renamed to Good Energy Co.:

For all intents and purposes, Good Energy Co. is a Revital U reboot.

Prior to Revital U, McWilliams was an ACN and LuxriLife promoter. After that McWilliams signed on as CEO of Momentis.

Why McWilliams isn’t disclosed as CEO on Good Energy Co.’s website is unclear.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]

The FTC and Nevada have secured a preliminary injunction against the remaining Iyovia defendants on August 11th. [Continue reading…]

EminiFX and founder Eddie Alexandre have had a $243 million summary judgment ordered against them. [Continue reading…]

Brandon Boyd has settled Iyovia fraud allegations with the FTC for $6.3 million.

Boyd’s monetary judgment was part of a stipulated order settlement, filed on August 20th. [Continue reading…]