A U.S. District Court judge in Nevada took a decisive step on August 21, 2025, against the companies behind schemes like IM Mastery Academy and their leaders. This isn't a final judgment, but a "preliminary injunction"—a powerful legal tool designed to press pause on alleged illegal activity while a case is being decided. Think of it as a legal freeze-frame that prevents further harm to consumers. What's Happening in the Case? The Federal Trade Commission (FTC) and the State of Nevada have filed a complaint alleging that the defendants, including Chris and Isis Terry, ran a multi-level marketing (MLM) business that used false or baseless earnings claims to sell training on financial markets. According to the FTC, this scheme has caused over $1.2 billion in harm to consumers since 2018. The defendants allegedly targeted young people, using social media to flaunt luxurious lifestyles to draw them in. The preliminary injunction is a direct response to these a...