A federal judge on May 17th rejected Faith Sloan’s second attempt to access $30,800 in funds frozen by a preliminary injunction. Judge Gorton issued a terse "motion denied" order, offering no explanation for the decision.

Sloan had sought to withdraw the money, which is tied up in a Securities and Exchange Commission (SEC) civil case against her. The SEC obtained a preliminary injunction in May 2014, freezing assets suspected to be proceeds from a Ponzi scheme. Sloan failed to provide any evidence demonstrating the $30,800 was not part of the illicit funds. She also referenced unrelated criminal proceedings in her filings.

The SEC countered Sloan’s request by highlighting the lack of substantiating proof. In a subsequent filing, the regulator accused Sloan of dishonesty and of deliberately wasting the court's time. Judge Gorton’s swift denial suggests he found the SEC's arguments persuasive.

Meanwhile, Sloan remains active on social media, promoting schemes like 5000 Families and Divvee. A recent Facebook post, made just three hours before publication, enthusiastically declared "COME SEE WHY THOUSANDS OF PEOPLE ARE LOVING THIS! ‪#‎10K1DAY‬ ‪#‎DIVVEE‬ ‪#‎WHYSGUYS‬ ‪#‎5000FAMILIES‬". The 5000 Families operation is of particular concern. It operates as a cash gifting scheme and is believed to be controlled by Sloan herself.

Such activities appear to directly contravene the 2014 preliminary injunction, which strictly prohibits Sloan from engaging in further fraudulent conduct. The SEC has not yet announced any new actions against her regarding these ongoing promotions.