Federal Trade Commission v. Ascend Capventures, Inc., et al.

On September 13, 2024 the Federal Trade Commission obtained a Temporary Restraining Order with an Asset Freeze from the U.S. District Court, Central District of California, and the Court appointed Stephen Donell as the Temporary Receiver over Ascend Capventures Inc., Ascend Ecommerce Inc., Ascend Administration Inc., Ascend Ecom LLC, and Ascend Distribution LLC, and each of their subsidiaries, affiliates, successors, and assigns.  In addition to the entities, William Michael Basta and Jeremy Kenneth Leung were named as defendants in the case and their assets are also temporary frozen.

Please check back for further updates on this case as it develops.