OffshoreAlert
Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.

CRYPTOCURRENCIES

eMail Alerts  

Sign-Up for eMail Alerts

RSS Feed  

Subscribe to feed

Troy Hogg v. Stephen Braverman et al: Complaint

June 29, 2020 - Complaint for damages of $705,271 and an application for a preliminary injunction in Troy Hogg, of Ontario, Canada v. Stephen Braverman, described as a resident of California; Rozgold Capital LLC, described as a California company; Olde Monmouth Stock Transfer Inc., described as a New Jersey company, formerly known as Next Group Holdings Inc., based in Atlantic Highlands, NJ, and Cuentas Inc., described as a Florida company based in Miami, FL, at the U. S. District Court for the Eastern District of New York.

iFinex Inc. v. Rhon Monroe: Discovery Application

June 25, 2020 - Application by iFinex Inc., of the British Virgin Islands, which "operates a leading global virtual currency platform operating under the brand and trade name of Bitfinex", to take discovery from Rondell 'Rhon' Clyde Monroe "for use in foreign proceedings both currently ongoing and contemplated in Poland, Portugal, and the United Kingdom" as part of an attempt "to recover approximately $880,000,000 of funds which it had entrusted to an entity named Global Trade Solutions AG, doing business as 'Crypto Capital'", filed at the U. S. District Court for the District of Nevada.

iFinex Inc. v. Enterprise Bank & Trust: Discovery Application

June 25, 2020 - Application by iFinex Inc., of the British Virgin Islands, which operates a cryptocurrency exchange known as Bitfinex, to take discovery from Enterprise Bank & Trust "for use in proceedings in foreign tribunals in Poland, Portugal, and the United Kingdom" involving alleged fraud, filed at the U. S. District Court for the Eastern District of Missouri.

SEC v. NAC Foundation LLC et al: Complaint

June 25, 2020 - Complaint alleging "the fraudulent offer and sale of digital asset securities" in U. S. Securities and Exchange Commission v. NAC Foundation LLC and Rowland Marcus Andrade at the U. S. District Court for the Northern District of California.

SEC v. Jack Abramoff: Consent Judgment

June 25, 2020 - Consent Judgment in U. S. Securities and Exchange Commission v. Jack Alan Abramoff at the U. S. District Court for the Northern District of California.

SEC v. Jack Abramoff: Complaint

June 25, 2020 - Complaint alleging a "fraudulent and unregistered offer ... of a blockchain-based digital token called AML Bitcoin" in U. S. Securities and Exchange Commission v. Jack Alan Abramoff at the U. S. District Court for the Northern District of California.

USA v. Rowland Andrade: Criminal Indictment

June 22, 2020 - Criminal Indictment alleging fraud and money laundering involving an Initial Coin Offering for a purported cryptocurrency known as AML Bitcoin in USA v. Rowland Marcus Andrade at the U. S. District Court for the Northern District of California.

Digilytic International FZE et al v. Alchemy Finance Inc. et al: Complaint

June 17, 2020 - Complaint alleging racketeering and fraud involving cryptocurrency in Digilytic International FZE, d.b.a. Sublime Group, of Dubai, and Rishan Bhagowat, a citizen of South Africa residing in the United Arab Emirates v. Alchemy Finance Inc., d.b.a. Alchemy Lending, d.b.a. Alchemy Marketplace, of Delaware; Alchemy Company Limited, of Hong Kong; Alchemy Coin Technology Limited, of Hong Kong; Alchemyze Capital LLC, of New York; Sheng-Wen Cheng, a.k.a. Justin Jung, a.k.a. Justin Chang, a.k.a. Justin Cheng, and Jahril Tafari Bell at the U. S. District Court for the Southern District of New York.

USA v. Evolution Mentor Capital Inc.: Forfeiture Complaint

June 15, 2020 - Forfeiture Complaint in  USA v. $100,030 of suspected fraud proceeds involving "Crypto Currency Mining" in the name of Evolution Mentor Capital, Inc., of Toronto, Canada, at Toronto Dominion Bank at the U. S. District Court for the District of Vermont.

Alex Holmes et al v. Chet Mining Co. LLC et al: Complaint

June 10, 2020 - Complaint alleging fraud and racketeering involving an alleged scheme involving "cryptocurrency mining equipment and/or hosting services" in Alex Holmes, of Los Angeles, California; Josh Navarro, of Miami, Florida; Nico Tramontana, of Millville, New Jersey; Bitcoin Ventures 2020 LLC, of Virginia; Yasar Corporation, of Las Vegas, Nevada, and OnePurpose Ltd., a Hong Kong company based in Shenzhen, China v. Chet Mining Co. LLC, described as a Wyoming company based in New York, NY; Chet Mining Co. Canada Ltd., described as a company domiciled in British Columbia, Canada based in New York, NY, and Chet Stojanovich, of New York, NY, at the U. S. District Court for the Southern District of New York.

We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources - and email you the results.

View Recent Digests

Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.