September 2023

CFTC’s Fundz Grievance dismissed, Amended Grievance coming

The CFTC’s preliminary Grievance towards Fundsz has been dismissed. In an order handed down on August thirty first, Choose Berger cited the CFTC’s Grievance as an “impermissible shotgun pleading”. As a common matter, “[t]he failure to determine claims with ample readability to allow the defendant to border a responsive pleading constitutes a ‘shotgun pleading.’” Because …

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Megalith Commerce Evaluation: Every day returns Ponzi scheme

Megalith Commerce fails to offer possession or govt data on its web site. Megalith Commerce’s web site area (“m-lith.com”), was privately registered on February 2nd, 2023. Regardless of solely current since 2023, on its web site Megalith Commerce falsely represents it has been round “since 2018”. Megalith Commerce has one advertising and marketing video on …

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CFTC secures $1.7 billion Mirror Buying and selling Worldwide judgment

The CFTC has secured a $1.7 billion consent judgment towards Mirror Buying and selling Worldwide. The judgment follows settlement negotiations with South African liquidators, and a Joint Movement to approve the then proposed consent judgment on September fifth. The courtroom signed off on the judgment on September sixth. The consent judgment establishes that Mirror Buying …

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