So, Herbalife IS a pyramid scheme according to the FTC's own definition, but they WON'T call it such, and will extract $200M from Herbalife and allow it to continue.
This is the worst possible result for anyone who is not the FTC or Herbalife.
The settlement included a bunch of changes to Herbalife's business practices in the US. This sounds like it will be good for potential victims in the US, but won't help potential victims outside the US.