Star Credit Holdings
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·4Rq2VE…H9xfSummary
Star Credit Holdings is a cryptocurrency investment firm operated by Misam M. Abidi of Nolensville, Tennessee, that allegedly functioned as a Ponzi scheme from 2020 to 2024. On June 12, 2026, a federal grand jury in the Western District of Tennessee returned an 11-count indictment against Abidi for wire fraud, unlicensed money transmission, false tax return preparation, and money laundering, with allegations that he diverted over $1.9 million in investor funds to himself and family members. State regulators had previously taken action in May 2024, obtaining a temporary injunction freezing assets tied to Abidi, his wife Anisha Abidi, co-defendant Ali Raza Galani, and related entities including NumisMe LLC and Satori Credit Solutions LLC, with total alleged investor losses across 17 states exceeding $6.3 million.
Connected Entities
1 entitiesCommunity submissions
- Under reviewincriminatingWayback pending6/24/2026, 11:11:11 AM
“The June 12, 2026 federal grand jury indictment of Misam Abidi on 11 counts is the first formal criminal charging document for Star Credit Holdings, superseding any prior civil or preliminary coverage. The revelation that Abidi is also a Tennessee gubernatorial candidate adds significant public interest dimension to this case that warrants updating the existing entity page.”
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Timeline(6 events)
2020
Star Credit Holdings begins soliciting cryptocurrency investors, according to the federal indictment period of 2020-2024.
DOJ Western District of Tennessee press release6 May 2024
Tennessee TDCI and Attorney General obtain temporary injunction freezing assets of Misam Abidi, Anisha Abidi, Ali Raza Galani, Star Credit Holdings LLC, Satori Credit Solutions LLC, and NumisMe LLC. State complaint cites $6.3 million in investor losses across 17 states.
Tennessee TDCI press release31 December 2024
Alleged Ponzi scheme operation ends, per the federal indictment period of 2020-2024.
DOJ Western District of Tennessee press release11 May 2026
Abidi publicly announces independent candidacy for Governor of Tennessee, with campaign centered on due process rights and economic reform.
The New York Journal12 June 2026
Federal grand jury in the Western District of Tennessee returns 11-count indictment against Misam M. Abidi for wire fraud, unlicensed money transmission, false tax return preparation, and money laundering. IRS-CI, FBI, and U.S. Secret Service are listed as investigating agencies.
DOJ Western District of Tennessee press release16 June 2026
Daily Hodl and other outlets report on Abidi's simultaneous status as a federal criminal defendant and active gubernatorial candidate.
Daily HodlDecision Log
- hash: H5VrwdJpw5dgFAN8GcYLugXLmFLnbsDFbVb2i5UwrKAD
This investigation is cryptographically anchored to the Solana blockchain (1 event). 11 of 11 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 6/14/2026, 11:37:36 PM
last updated: 7/27/2026, 9:07:09 AM
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