Matt Nicosia is confirmed as the founder of T7X, a platform tied to real-world asset (RWA) investing, and a key figure behind Trusted Smart Chain (TSC), a blockchain offering node investment schemes with daily token rewards, per [16,17,40,41]. TSC’s FAQ states that T7X’s founder established its blockchain for secure RWA trading, but Nicosia’s name was recently removed from T7X’s website, per [43]. Social media and event posts, including an August 28, 2025, Facebook post by Travis Flaherty, prominently feature T7X branding at a TSC event, suggesting Nicosia’s central role, per [41]. X posts from @CryptoLawyerz question why Nicosia’s involvement is obscured,
Nicosia, previously CEO of Regeneca, faced a 2015 DOJ civil injunction for selling RegeneSlim, a supplement containing DMAA, an unsafe additive, leading to Regeneca’s closure in 2017, per [30,31]. In 2022, the SEC charged Nicosia with microcap stock fraud, settled in April 2023 for $795,590, with a ban on further Securities Exchange Act violations, per [32]. T7X and TSC lack SEC registration, raising concerns of unregistered securities offerings, per [16]. Tara Nicosia, listed as T7X’s Compliance Director and linked to Matt Nicosia via LinkedIn and Facebook, further ties the ventures to Utah, per [17].
TSC operates a node investment scheme, promising profits via RWA tokenization, but fails to disclose node ownership or token valuation, per [16]. T7X, presented as a third-party but managing TSC’s blockchain, shows heavy U.S. (60–84%) and Brazil (40%) traffic, per [16]. Travis Flaherty and Mark Williams Schuler (Billy Beach), former iX Global promoters named in a 2023 SEC lawsuit (dismissed in 2024 for procedural issues), front TSC, per [16]. iX Global’s unprosecuted fraud and T7X’s link to Utah Mayor Trent Staggs (scrubbed from marketing) add to red flags, per [16]. New Zealand and Australia issued DAO1 fraud warnings, signaling similar risks,
T7X and TSC’s lack of transparency and Nicosia’s fraud history mirror GSPartners ($1B losses), per [16]. TSC’s non-tradeable tokens rely on internal pricing, risking collapse, per [41]. Investors should verify via sec.gov and avoid MLM crypto schemes. Bitcoin (BTC) ($113,234) and Ethereum (ETH) ($4,070) remain stable, per CoinMarketCap, but TSC could erode altcoin trust, per. Diversify into USDC or ETH with stop-losses below BTC’s $112,000, per TradingView. Follow @TheBlock__ on X for updates. Regulatory scrutiny may intensify by 2026,
