After several false starts, the high-profile ex-con said his redemption event is set for April 25-28 off the coast of Mexico.
The convicted felon will trade blows with Justin Custado at the Web3 conference Consensus 2024 on Thursday.
A former fellow inmate at a prison in Ohio says McFarland owes him $740,000.
He also revealed that the Bahamian people and companies owed money from the disgraced first edition of the festival "are getting paid back right now."
The fest founder responded with a letter saying, "I will spend the rest of my life working to right my wrongs."