The FTC accuses IYOVIA of defrauding over $1.2 billion through encryption investment and other training programs.

The U.S. Federal Trade Commission (FTC) and the state of Nevada filed a lawsuit against a company named IML on May 2, accusing it of defrauding approximately $1.2 billion since 2018 through false advertising of Crypto Assets, forex, Options, and stock trading courses. The company operated under several names including IM Mastery Academy and iMarketsLive. (TheBlock)

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