The new round of subpoenas was requested on Friday by Gregory Messer, the trustee overseeing the bankruptcy of Fyre Media, as part of an effort to find out what happened to the $11.3 million paid out by McFraudland in the months leading up to the ill-fated event.
On Monday, a federal judge ruled that a slew of talent agencies - representing high-profile models such as Bella Hadid, Kendall Jenner, Hailey Baldwin and Elsa Hosk, among many others - could be subpoenaed in relation to the music festival's bankruptcy proceedings.
According to USA media, IMG Models, which represents models Hadid and Hailey Bieber, and DNA Model Management, which represents Emily Ratajkowski, could be forced to reveal details about the payments they received from the festival's founder and promoter Billy McFarland after a judge issued subpoenas as part of Fyre's bankruptcy filing.
Messer also requested to subpoena 16 different companies that were involved in travel, staging and food and beverage arrangements. A separate subpoena was requested for DNA Model Management, the agency that represents Emily Ratajkowski and was paid $299,000 by McFarland in March 2017.
"The Trustee believes that these transfers were made from funds that belong to the Debtor in connection with the Fyre Festival", the court documents state.
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Not only did the models partake in the commercial, but many of them also received a lump sum of money for sharing a Fyre Festival-sponsored Instagram post.
The top models featured in a promotion video for the infamous 2017 Festival in the Bahamas and fuelled buzz regarding the event, which was marketed as an exclusive and posh experience, with posts on their Instagram accounts with millions-strong following.
Even though the post has since been deleted, the model is still being asked to reveal if the post was, in fact, paid and exactly how much she received.
The goal of the subpoenas is to determine what happened to the millions of dollars McFarland raised from investors, a collective $26 million, to finance the festival.