CFTC secures $31.5 million judgment in Fundsz digital asset and metals fraud

  • The Florida federal court entered default judgment against Brian Early and Alisha Ann Kingrey.
  • The judgment totaled $31,484,910, including $15,732,455 in restitution.
  • Fundsz defrauded more than 9,000 investors, while estate recoveries total around $4 million.

A Florida federal court entered a default judgment on September 30, 2026, requiring Fundsz promoters Brian Early and Alisha Ann Kingrey to pay $31,484,910 over a digital-asset and precious-metals fraud that affected more than 9,000 people. The award includes $15,732,455 in restitution and a $15,752,455 civil monetary penalty, while permanent injunctions bar both defendants from trading and registering with the Commodity Futures Trading Commission. The CFTC alleged that Fundsz used a nonexistent proprietary algorithm to support promises of returns exceeding 3% a week, while Early and Kingrey promoted the platform and moderated its Telegram group. Founder Rene Larralde died in 2023, and asset turnovers from his estate have recovered only around $4 million, leaving a substantial shortfall against the judgment and investor losses. Earlier records referred to Kingrey as Alicia Ann Kingrey, while the newer court account identifies her as Alisha Ann Kingrey.

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