CFTC Wins $31M Fundsz Fraud Order as Crypto Scam Losses Mount Worldwide

CFTC Wins More Than $30 Million Judgment Against Two Fundsz Operators

Brian Early and Alisha Ann Kingrey were found liable over false claims about Fundsz returns, trading results, risks and an algorithmic strategy.

CFTC wins $31M Fundsz fraud order as crypto scam losses mount worldwide

A United States federal court has ruled that Fundsz’s operators, Brian Early and Alisha Ann Kingrey, should pay $31 million as restitution and penalties over a digital-asset and precious-metals scam. The decision originates from the Commodity Futures Trading Commission v. Larralde et al., Case Number 6:23-cv-1445-WWB-DCI, which was filed in the United States District Court...

CFTC secures over $30 million judgment against defendants in Fundsz fraud case

The CFTC secured a win in court after the agency said two defendants participated in a crypto scheme that they then tried to walk back.

CFTC Wins $31.5M Fundsz Judgment, Bars Two Executives From Trading

The U.S. Commodity Futures Trading Commission won a $31.5 million default judgment against two Fundsz board members over an alleged digital asset fraud scheme. A Florida federal court ordered Brian Early and Alisha Ann Kingrey to pay restitution and civil penalties after finding that they made misleading claims about Fundsz investments. The court also permanently […] Read The Full Article CFTC Wins $31.5M Fundsz Judgment, Bars Two Executives Fro…

CFTC obtains Court order directing Brian Early and Alisha Ann Kingrey to pay over $31M for crypto and precious metals fraud

The CFTC today announced the Florida Middle District Court entered a default judgment against defendants Brian Early and Alisha Ann Kingrey.