NV Dept of Business & Industry - Press Releases

Nevada FID Secures Court-Appointed Receiver for Elemental Financial Technologies

Nevada Financial Institutions Division secured appointment of John Guedry as permanent receiver for Elemental Financial Technologies Inc., formerly Fortress Blockchain Technologies, and its subsidiaries including Fortress Trust LLC. The Eighth Judicial District Court in Clark County granted FID's petition on November 24, 2025. The receiver now has full authority over company assets including financial accounts, digital assets, customer records, software systems, and intellectual property. All company personnel are prohibited from transferring or disposing of assets without receiver direction.

Consumer Affairs Urges Homeowners Affected by MV Realty to Report

Nevada Consumer Affairs announced an active investigation into MV Realty PBC, LLC, MV Realty of Nevada, LLC, and affiliates for alleged deceptive trade practices involving a Homeowner Benefit Program that may have harmed more than 800 Nevada homeowners. The investigation centers on claims that homeowners were induced with cash offers of $500-$1,500 but were not adequately informed they were signing 40-year exclusive real estate listing agreements, with 40-year liens recorded against their properties often without their knowledge. NCA is urging affected homeowners to come forward to assist the investigation.