Edit: Mario Nawfal — CryptoScamsWiki

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> **Note:** This entry documents allegations and controversy reported by media outlets and named critics. The claims are unproven and disputed. Mario Nawfal denies wrongdoing, and — per the public record — he has not been charged with or convicted of any crime. It is included as a record of publicly reported allegations, not a finding of guilt.

## Summary

Mario Nawfal is a Lebanese-Australian entrepreneur and one of the most prominent hosts on X (Twitter) Spaces. He founded the crypto consultancy International Blockchain Consulting (IBC) and, earlier, the kitchen-appliance retailer Froothie. He has been the subject of repeated allegations of financial misconduct, which he denies. [1][2][3]

## Documented regulatory/legal record

- In 2015, Australia's competition regulator (the ACCC) issued an infringement notice to his company Froothie over a "false or misleading" strike-through sale price; Froothie paid an A$10,800 penalty. Payment of an infringement notice is **not** an admission of guilt. [3][5]
- In 2017, the startup Juicero sued Froothie alleging intellectual-property infringement; the case was dismissed in 2020 after a judge found Froothie was not advertising in the U.S. at the relevant time. [1]

## Allegations (unproven)

- Several former associates, contractors, and clients have alleged unpaid invoices and, in some accounts, embezzlement and artificially inflated ("bot") audience metrics tied to IBC. Nawfal has denied these claims and pursued legal action against some accusers. [1][2]
- In 2023, NBC News reported that former associates filed complaints with the FBI and SEC. Nawfal said he had never been contacted by law enforcement and called the claims false; filing a complaint does not indicate an investigation or any finding of wrongdoing. [2]
- Critics — including YouTuber "Upper Echelon" (Christopher Zakrzewski) — have alleged "pump-and-dump" token promotions tied to IBC. Nawfal sued for defamation; the matter was later resolved with an undisclosed outcome. [3]
- In 2025, promotions for tokens (including a fake Adin Ross "ROSS" token) appeared on Nawfal's account before the tokens collapsed. Nawfal said the posts were made without his approval by a compromised team member and were deleted within minutes. [4]

## Status

No criminal charges or convictions against Mario Nawfal have been reported. He denies wrongdoing and has described his record as "impeccable". The allegations summarized above — including a widely shared thread compiling them — remain contested. [2][6]

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