On December 5, 2025, Quebec’s Autorité des marchés financiers (AMF) fined Sabrina Cyr-Vidal $15,000 CAD for promoting iGenius without registration, Investview’s SEC filings. The AMF accused Cyr-Vidal of distributing securities without a prospectus and acting as an unregistered broker or advisor, violating Quebec’s Securities Act. Cyr-Vidal did not contest the charges, leading to a Financial Markets Tribunal (TMF) decision prohibiting her from securities-related activities and broker/advisor roles.
Parent company Investview settled with the AMF in 2025, paying a $15,000 CAD fine and blocking Quebec residents from iGenius access. The settlement followed 2024 proceedings challenging iGenius’s unregistered securities activity and Cyr-Vidal’s marketing. Investview terminated Cyr-Vidal, claiming her actions violated internal policies. This mirrors global scrutiny, with Poland fining iGenius for pyramid schemes in January 2026.
iGenius is rebranding as Connective, shifting from securities fraud to selling diamonds and nutritional supplements. This follows Investview’s pattern of rebooting failed MLM schemes, similar to GSPartners and Forsage cases with $1B+ losses. Cyr-Vidal’s promotion did not differ from global tactics, targeting Quebec residents aggressively. The AMF’s action highlights risks in MLM crypto, with the SEC and DOJ probing similar U.S. cases.
The fine and block signal stricter Canadian oversight, potentially inspiring other provinces. Investors should avoid MLM platforms and verify via AMF at lautorite.qc.ca. Bitcoin (BTC) ($113,234) and Ethereum (ETH) ($4,070) remain stable, according to CoinMarketCap, but iGenius fallout erodes altcoin trust. Diversify into USDC with stop-losses below BTC’s $112,000, TradingView. Follow @TheBlock__ on X for updates. Connective’s pivot may delay collapse, but regulatory risks sit in 2026.
