On August 28, 2025, the Federal Trade Commission (FTC) filed an emergency motion seeking sanctions against Christopher Terry, founder of Iyovia (formerly IM Mastery Academy and iMarketsLive), for transferring $9M to the Auspicious Irrevocable Trust before a preliminary injunction was granted on August 12, per. The FTC argued this violated the injunction, which froze Iyovia assets amid allegations of a $1.2B fraud scheme, per. The sanctions motion was denied on September 3, but new filings reveal Terry’s strategy to shield funds, per.
Created in 2019 by Christopher Terry and Isis Terry (then Isis De La Torre), the Auspicious Irrevocable Trust is a Nevada spendthrift trust under NRS Chapter 166, designed to protect assets from creditors, per,. P. Sterling Kerr, the Distribution Trustee, and Cayman Software Design USA LLC, initially the Management Trustee, were appointed to manage it, per. The Terrys are beneficiaries but claim no control, with distributions requiring trustee approval, per. However, the FTC revealed:
On August 20, Kerr filed a Motion to Intervene, arguing Auspicious’s interests are not represented in the FTC v. Iyovia case and that the preliminary injunction does not apply to the trust unless it’s a party, per. The FTC countered that Kerr’s attorney sought a $250,000 retainer from Auspicious, and the trust’s independence is questionable given Terry’s control over Afflatus and Kerr’s prior legal ties, per. The court has yet to rule on the motion, per.
Investors should avoid Iyovia-linked schemes and monitor ftc.gov for case updates, per. Verify platforms via sec.gov or nv.gov. Bitcoin (BTC) ($111,070) and Ethereum (ETH) ($4,070) remain stable, per CoinMarketCap, but altcoin trust may wane, per. Diversify into USDC or ETH with stop-losses below BTC’s $110,000, per TradingView. Follow @TheBlock__ on X for updates, per. A ruling against Auspicious could unlock $9M+ for Iyovia victims by 2026, but Nevada trust law complexities may delay recovery, per,.
