There is updated information available on the Agridime website. On Dec. 11, 2023, the US Securities and Exchange Commission accused Agridime of operating a Ponzi scheme and filed for an injunction that stopped the company.
The Securities and Exchange Commission in December announced that it obtained a temporary restraining order, asset freeze, the appointment of a receiver, and other emergency relief to halt an ongoing $191 million cattle Ponzi scheme being perpetrated by Fort Worth, Texas company Agridime LLC, which claims to specialize in meat sales, distribution, and animal supply chain management, and its owners, Josh Link of Gilbert, Arizona, and Jed Wood of Fort Worth.