As a result of a joint application submitted on July 25, Dan Putnam’s securities fraud case has been postponed until 2023.

The scale of the case is the claimed justification for the delay, as mentioned in the joint application that was submitted.

There have been over 19,000 cryptocurrency transactions in this complicated case.

Discussions towards a settlement are still ongoing between the parties.

The parties hope to resolve the issue through settlement negotiations while avoiding the expense of more discovery.

The SEC claims that Putnam and other defendants, Angel A. Rodriguez and Jean Paul Ramirez Rico, cheated clients out of at least $12 million through Modern Money Team and other Ponzi schemes.

Richard T. Putnam, “Putnam’s” father, is a relief defendant in the case and is aged 78.

The court approved the application on July 27th, delaying the scheduled meeting until June 7, 2023.

It remains to be seen if the parties can come to a settlement in the interim.

The court stated that it was “not inclined to allow further extensions of the case schedule.”

Putnam is actively creating new MLM opportunities in the meantime.

Thus far, B-Eco and Against All Odds’ most recent launches have been reported by us thus far.

We suspect Putnam is also behind Govvi based on assertions regarding exclusivity agreements.

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