June 04, 2020 - Two major U.S.-based cryptocurrency exchanges - Bittrex and Poloniex - have been added as defendants to a class action complaint that alleges crypto buyers around the world were collectively swindled out of billions of dollars in an unprecedented "criminal" price manipulation scheme.
June 03, 2020 - Consolidated Class Action Amended Complaint alleging "a sophisticated scheme to fraudulently inflate the price of cryptocurrencies ..., causing the price of these cryptocommodities to spike far above their legitimate value in the largest bubble in human history, and ultimately resulting in billions of dollars of damage to innocent cryptocommodity purchasers" in Matthew Script, Benjamin Leibowitz, Jason Leibowitz, Aaron Leibowitz, and Pinchas Goldshtein v. iFinex Inc., a.k.a. Bitfinex; BFXNA Inc., BFXWW Inc., Tether Holdings Limited, Tether Operations Limited, Tether International Limited, DigFinex Inc., all of the British Virgin Islands; Tether Limited, of Hong Kong; Philip G. Potter, of New York; Giancarlo Devasini, described as a citizen of Italy; Ludovicus Jan van der Velde, described as a citizen of the Netherlands; Reginald Fowler, of Arizona; Crypto Capital Corp., of Panama; Bittrex, Inc., described as a Delaware company based in Seattle, Washington, and Poloniex, LLC, described as a Delaware company based in Boston, Massachusetts, at the U. S. District Court for the Southern District of New York.
June 01, 2020 - Decision by the National Futures Association permanently barring Bainbridge Asia Limited, of Hong Kong, and Wai Man Yip, a.k.a. Patrick Yip, before the National Futures Association.
May 29, 2020 - Judgment in Broad Idea International Limited, of the British Virgin Islands v. Convoy Collateral Limited, of Hong Kong, at the British Virgin Islands Court of Appeal.
May 26, 2020 - Complaint in CW Baice Limited, of the British Virgin Islands v. The Wisdomobile Group Limited, formerly known as The Ocean Swell Group Limited, of the Cayman Islands; The Wisdomobile Limited, formerly known as The Ocean Swell Limited, of the British Virgin Islands, and Wisdomobile HK Limited, formerly known as Hong Kong Baice Limited, of Hong Kong, at the U. S. District Court for the Northern District of California.
May 19, 2020 - Complaint alleging fraud involving a "cryptocurrency derivatives exchange platform" in Aleksandr Kanyshev, Nikita Luzhbin, and Miguel Villagra, all of Russia v. HDR Global Trading Limited, d.b.a. BitMEX, of the Seychelles, and Arthur Hayes at the Superior Court of the State of California, County of San Francisco.
May 19, 2020 - Notice of Motion to Confirm Order of Attachment following an arbitration award of $142 million regarding allegations of fraud in La Dolce Vita Fine Dining Company Limited, and La Dolce Vita Fine Dining Group Holdings Limited, both of the Cayman Islands v. Zhang Lan, described in the motion as "a citizen and resident of China" and, in an exhibit, as "a citizen and resident of St. Kitts and Nevis"; Grand Lan Holdings Group (BVI) Limited, of the British Virgin Islands; Qiao Jiang Lan Development Limited, f.k.a. South Beauty Development Limited, of the British Virgin Islands, and Metro Joy International LLC, of New York, at the U. S. District Court for the Southern District of New York.
May 18, 2020 - Amended Complaint alleging fraud, racketeering, and money laundering involving the "cryptocurrency derivatives exchange platform BitMEX" in BMA LLC, of Puerto Rico v. HDR Global Trading Limited, a.k.a. BitMEX, of the Seychelles; ABS Global Trading Limited, described as being based in San Francisco, California; Arthur Hayes, described as a citizen of the United States based in Hong Kong; Ben Delo, described as a citizen of the United Kingdom based in Hong Kong; and Samuel Reed, described as a citizen of the United States based in Hong Kong, at the U. S. District Court for the Northern District of California.
May 18, 2020 - Class Action Complaint alleging securities fraud involving cryptocurrencies in Crypto Assets Opportunity Fund LLC, of Illinois, and Johnny Hong, of Solvang, California v. Block.one, described as a Cayman Islands firm with offices in New York, California, and Hong Kong; Brendan Blumer, Daniel Larimer, Ian Grigg, and Brock Pierce at the U. S. District Court for the Southern District of New York.
May 16, 2020 - Complaint alleging fraud, racketeering, and money laundering involving the "cryptocurrency derivatives exchange platform BitMEX" in BMA LLC, of Puerto Rico v. HDR Global Trading Limited, a.k.a. BitMEX, of the Seychelles; ABS Global Trading Limited, described as being based in San Francisco, California; Arthur Hayes, described as a citizen of the United States based in Hong Kong; Ben Delo, described as a citizen of the United Kingdom based in Hong Kong; and Samuel Reed, described as a citizen of the United States based in Hong Kong, at the U. S. District Court for the Northern District of California.
