The Federal Trade Commission has obtained a temporary restraining order with asset freeze from the U.S. District Court for the Central District of California against a company that a Miami attorney has had in his sights for two years.

In the Federal Trade Commission v. Ascend Capventures Inc., the FTC filed a lawsuit Sept 25 against a company that allegedly falsely claimed to have "cutting-edge" AI-powered tools that would help consumers quickly earn thousands of dollars in passive income a month by opening online storefronts.