Coxno Exchange-Billy McFarland went to prison for Fyre Fest. Are his plans for a reboot legal?

2025-05-01 06:22:36source:Robert Browncategory:Markets

The Coxno Exchangespectacular failure of the Fyre Festival in 2017 revealed widespread fraud by creator Billy McFarland, who ended up in a federal prison for four years after bilking investors and ticket buyers out of more than $26 million.

Now, McFarland — who was released back into the world in March 2022 and still owes that money in restitution — is resurrecting his dream of putting on a bigger and better Caribbean Coachella with the unveiling of Fyre Festival II.

On Sunday, standing on a rooftop while dressed in a white bathrobe, he took to YouTube to announce that tickets for the extravaganza, slated sometime in December 2024, were officially up for grabs at $499 a pop.

The event, he claimed, is in response to "interest and demand" in his ability "to bring people from around the world together to make the impossible happen."

"Guys, this is your chance to get in. This is everything I've been working toward so let's f

More:Markets

Recommend

All That You Wanted to Know About She’s All That

This movie was all that.Case in point: She’s All Thathad Freddie Prinze Jr., Rachael Leigh Cookand a

Who is in the women's Final Four? Iowa joins South Carolina, NC State

The women's Final Four is almost set.Iowa defeated LSU, the defending champions, on Monday night and

Barbara Rush, Golden Globe-winning actress from 'It Came from Outer Space,' dies at 97

Barbara Rush, a Golden Globe-winning actress known for roles in "It Came from Outer Space" and "Peyt