Florida court orders crypto fraudsters to pay $30 million after CFTC investigation

Brian Early and Alisha Ann Kingray ran the scheme and moderated a Telegram group. They guaranteed profits but instead falsified weekly reports and historical data. In addition, the perpetrators misled investors about the risk of losses and the use of client funds. Their actions affected 9,000 people.

After the CFTC began its investigation, Early and Kingray attempted to retract their statements. They later tried to cover their tracks by deleting the social media accounts for their Fundsz project. At the same time, their accomplice, Juan Pablo Valcarese, was banned by the court from working with cryptocurrencies and precious metals.