Unlicensed/Unregistered

Complaint alleging securities fraud involving crypto in U.S. Securities and Exchange Commission v. Justin Sun, described as "a Chinese national and crypto asset entrepreneur"; Tron Foundation Limited, of Singapore; BitTorrent Foundation Ltd., of Singapore; Rainberry Inc., Austin Mahone, described as "a U.S. citizen and a singer and songwriter residing in Miami, Florida", and Deandre Cortez Way, a.k.a. Soulja Boy, a U.S. citizen and a singer and record producer residing in Calabasas, California", at the U.S. District Court for the Southern District of New York.

Complaint alleging "multiple offering frauds orchestrated by Guo, an exiled Chinese businessman living in the United States who targeted retail investors through online and social media posts and videos" in U.S. Securities and Exchange Commission v. Ho Wan Kwok, a.k.a. Miles Guo, Miles Kwok, Wengui Guo, and Brother Seven, described as a citizen of Hong Kong residing in New York; Kin Ming Je, a.k.a. William Je, described as a dual citizen of Hong Kong and the United Kingdom residing in London, England; Mountains of Spices LLC, d.b.a. New York Farm, and G Club Operations LLC, of Puerto Rico, as Defendants, and Mei Guo, described as a citizen of Hong Kong residing in New York, England; Qiang Guo, described as a citizen of Hong Kong residing in London, England; Hing Chi Ngok, described as a citizen of China residing in Connecticut, and Sin Ting Rong, described as a citizen of Hong Kong residing in London, England, as Relief Defendants, at the U.S. District Court for the Southern District of New York.

Class Action Complaint in Justin Dufoe v. DraftKings Inc., Jason D. Robins, Jason K. Park, and Matthew Kalish at the U.S. District Court for the District of Massachusetts.

Class Action Complaint alleging crypto fraud in Trey Greene v. Zac Prince, Flori Marquez, Tony Laura, Jennifer Hill, and Gemini Trading LLC at the U.S. District Court for the District of New Jersey.

Superseding Indictment alleging the defendant "stole FTX customer deposits, and used billions of dollars in stolen funds for a variety of purposes, including, among other things, to support the operations and investments of FTX and Alameda; to fund speculative venture investments; to make charitable contributions; to enrich himself; and to try to purchase influence over cryptocurrency regulation in Washington, D.C. by steering tens of millions of dollars of illegal campaign contributions to both Democrats and Republicans" in USA v. Sam Bankman-Fried at the U.S. District Court for the Southern District of New York.

Class Action Complaint in Tobias Moeller-Bertram, "who invested in the Gemini Earn program" v. Gemini Trust Company LLC and Digital Currency Group Inc. at the Supreme Court of the State of New York, County of New York.

Complaint in Alec Ohanian and Artin Ohanian V. Stablegains Inc., described as "an investment platform which promised users a 15% yield on their deposits by investing the deposits in “safe” assets", at the U.S. District Court for the Central District of California.

Complaint alleging the defendants "offered and sold crypto asset securities in unregistered transactions and perpetrated a fraudulent scheme that led to the loss of at least $40 billion of market value" in U. S. Securities and Exchange Commission v. Terraform Labs Pte Ltd., of Singapore, and Do Hyeong Kwon, described as a resident of South Korea and Singapore, at the U.S. District Court for the Southern District of New York.

Forfeiture Complaint regarding crypto "seized from Binance" that is allegedly the proceeds of "a money laundering and unlicensed money transmitting conspiracy" in USA v. 65.08094134 Bitcoin, 247653.48461442 United States Dollar Tether, 9.1345 Ethereum, 25000.461 Unites States Dollar Tether, 1.00000785 Bitcoin, 0.17972627 Bitcoin, and 27892.00185173 United States Dollar Tether at the U.S. District Court for the Eastern District of Michigan.

Complaint alleging "the illegal unregistered offer and sale of securities involving the staking of crypto assets" in the U.S. Securities and Exchange Commission v. Payward Ventures Inc., of Delaware, and Payward Trading Ltd., of the British Virgin Islands, both doing business as Kraken, at the U.S. District Court for the Northern District of California.

Public Warning by the Swiss Financial Market Supervisory Authority that Hyperrr.com GmbH is "suspected of conducting unauthorised activities in the financial market".

Press Release by the U.S. Securities and Exchange Commission announcing that Nexo Capital Inc., of the Cayman Islands, has agreed to pay $45 million in penalties for conducting an "unregistered offering of crypto asset lending product".

Administrative Order by the U.S. Securities and Exchange Commission imposing a civil money penalty of $22.5 million on Nexo Capital Inc., described as a Cayman Islands-domiciled provider of "crypto asset-related financial products and services", for an unregistered securities offering.

Amended Class Action Complaint in Joshua Berdugo v. Gemini Trust Company LLC, Tyler Winklevoss, and Cameron Winklevoss at the U.S. District Court for the Southern District of Florida.

Amended Criminal Complaint alleging the operation of an unlicensed money transmitting business in the form of Bitzlato Limited, described as "a Hong Kong-registered cryptocurrency exchange", in USA v. USA v. Anatoly Legkodymov, described as a citizen of Russia residing in Shenzhen, China, at the U.S. District Court for the Eastern District of New York.

Class Action Complaint in Joshua Berdugo v. Gemini Trust Company LLC, Tyler Winklevoss, and Cameron Winklevoss at the U.S. District Court for the Southern District of Florida.

Complaint alleging "an unregistered offer and sale of securities" in the form of crypto in U.S. Securities and Exchange Commission v. Genesis Global Capital LLC and Gemini Trust Company LLC at the U.S. District Court for the Southern District of New York.

Class Action Complaint in Brendan Picha and Max J. Hastings v. Gemini Trust Company LLC, described as "a New York-based crypto asset exchange and lending platform"; Tyler Winklevoss, and Cameron Winklevoss at the U.S. District Court for the Southern District of New York.

Complaint alleging fraud involving "yield earning cryptocurrency" in HASH Asset Management Ltd., of the Cayman Islands; TAF Capital Pty Ltd., as Trustee for the Bluebottle Fund, of Australia, and Ni Kaihao, described as a citizen and resident of China v. DMA Labs Inc., ICHI Foundation, of the Cayman Islands; Nick Poore, and Bryan Gross at the U.S. District Court for the District of Delaware.

Class Action Complaint regarding the sale of "non-fungible tokens" known as "Nifties" in John Hastings v. John Hastings v. Nifty Gateway LLC and The Gemini Trust Company LLC at the U.S. District Court for the Southern District of New York.

Class Action Complaint "on behalf of all investors who purchased Yuga's non-fungible tokens or ApeCoin tokens between April 23, 2021 and the present" in Adonis Real and Adam Titcher v. Yuga Labs, Inc., Wylie Aronow, Greg Solano, Kerem Atalay, Zeshan Ali, Nicole Muniz, Jasmin Shoemaker, Patrick Ehrlund, Christopher Lyons, Alexis Ohanian, Amy Wu, Maaria Bajwa, Dean Steinbeck, Guy Oseary, Mike Winkelmann, Madonna Louise Ciccone, Paris Hilton, James Fallon, a.k.a. Jimmy Fallon; Electric Hot Dog, Inc., Universal Television, LLC, Justin Bieber, Gwyneth Paltrow, Serena Williams, Thomas Pentz, Austin Richard Post, a.k.a. Post Malone; Calvin Broadus, Jr., a.k.a. Snoop Dogg; Kevin Hart, Alexander Pall, Andrew Taggart, Wardell Stephen Curry II, Nayvadius Wilburn Cash, Abel Tesfaye, a.k.a. The Weeknd; Khaled Mohammed Khaled, adidas America Inc., adidas Ventures B.V., of the Netherlands; Ivan Soto-Wright, and MoonPay USA LLC at the U.S. District Court for the Central District of California.

Forfeiture Complaint in USA v. $2.3 million seized from Metropolitan Commercial Bank in the name of Delacroix Investment Fund, of the British Virgin Islands, which operated "as an unlicensed money transmission business to orchestrate, among other things, capital flight out of Argentina and other countries", at the U.S. District Court for the Southern District of New York.

Public Statement by the Jersey Financial Services Commission that Jersey-domiciled Evrensel Capital Partners Public Limited Company is "carrying on ... financial services business" without being authorized to do so.

Class Action Complaint in Sunil Kavuri v. Sam Bankman-Fried, Tom Brady, Gisele Bundchen, Stephen Curry, Golden State Warriors, Shaquille O’Neal, Udonis Haslem, David Ortiz, William Trevor Lawrence, Shohei Ohtani, Naomi Osaka, Lawrence Gene David, and Kevin O’Leary at the U.S. District Court for the Southern District of Florida.

Complaint in Vijeth Shetty v. Thomas Brady and Kevin O'Leary at the Circuit Court for the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida.

Complaint in Shengyun Huang v. Thomas Brady and Kevin O'Leary at the Circuit Court for the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida.

Complaint in Bo Yang v. Thomas Brady and Kevin O'Leary at the Circuit Court for the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida.

Class Action Complaint claiming "$11 billion dollars in damages" as a result of a "fraudulent scheme" involving crypto exchange FTX in Edwin Garrison v. Sam Bankman-Fried, Thomas Brady, Gisele Bundchen, Udonis Haslem, Kevin O'Leary, David Ortiz, Stephen Curry, Golden State Warriors LLC, Shaquille O'Neal, William Trevor Lawrence, Shohei Ohtani, Naomi Osaka, and Lawrence Gene David, a.k.a. Larry David, at the U.S. District Court for the Southern District of Florida.

Complaint alleging crypto-based securities fraud in Arshad Assofi v. Donald Basile, d.b.a. Bitcoin Latinum, of Delaware, at the U.S. District Court for the Central District of California.

Class Action Complaint "on behalf of all investors who purchased unregistered securities" in the form of crypto issued by Voyager Digital in Shaun Roberts and Ken Sheppard v. Stephen Ehrlich, Gerard Hanshe, David Brosgol, Janice Barrilleaux, Philip Eytan, Jarrett Lilien, and Brian Brooks at the U.S. District Court for the Southern District of New York.

Forfeiture Complaint in USA v. $105,824 seized from Metropolitan Commercial Bank held in the name of Partners Capital Investment, described as "a British Virgin Islands-incorporated mutual fund that purported to invest in securities", filed at the U.S. District Court for the Southern District of New York.

Complaint alleging fraud involving "an illegal digital asset derivatives trading platform" in Commodity Futures Trading Commission v. Adam Todd, Digitex LLC, of Saint Vincent and the Grenadines; Digitex Limited, of the Seychelles; Digitex Software Limited, of Ireland, and Blockster Holdings Limited, of Gibraltar, at the U.S. District Court for the Southern District of Florida.

Complaint alleging "a crypto asset pump-and-dump scheme" in U.S. Securities and Exchange Commission v. Arbitrade Ltd., of Bermuda; Cryptobontix Inc., of Canada; Troy R.J. Hogg, of Canada; James L. Goldberg, Stephen L. Braverman, and Max W. Barber, as Defendants, and SION Trading FZE, of the United Arab Emirates, as Relief Defendant, at the U.S. District Court for the Southern District of Florida.

Complaint alleging a scheme "to fraudulently manipulate the price and volume of Hydro tokens traded on crypto asset trading platforms so that Hydrogen could sell its own Hydro tokens at a greater profit" involving, inter alia, Moonwalkers Trading Limited, of South Africa, in U.S. Securities and Exchange Commission v. The Hydrogen Technology Corporation, Michael Ross Kane, and Tyler Ostern at the U.S. District Court for the Southern District of New York.

Statement of Charges in Washington State Department of Financial Institutions v. Nexo Inc., of the Cayman Islands; Nexo Capital Inc., of the Cayman Islands, and Antoni Trenchev, a citizen of Bulgaria.

Cease and Desist Order in the South Carolina Securities Commission v. Nexo Inc. and Nexo Capital Inc., both of the Cayman Islands.

Cease and Desist Order in Maryland Securities Commission v. Nexo Inc., of the Cayman Islands; Nexo Capital Inc., of the Cayman Islands, and Antoni Trenchev, a citizen of Bulgaria.

Cease and Desist Order by the Oklahoma Department of Securities against Nexo Financial LLC, of Delaware; Nexo Inc., of the Cayman Islands, and Nexo Capital Inc., of the Cayman Islands, which collectively operate a crypto lending platform.

Complaint for "acting as unregistered securities brokers or dealers and/or commodities broker-dealers" in New York Attorney General v. Nexo Inc. and Nexo Capital Inc., both of the Cayman Islands, which operate a crypto lending platform, at the Supreme Court of the State of New York, County of New York.

Cease and Refrain Order by the California Department of Financial Protection and Innovation against Nexo Group, which "comprises business entities organized primarily in European countries and territories"; Nexo Inc., of the Cayman Islands, and Nexo Capital Inc., of the Cayman Islands, which collectively "a crypto platform that offers crypto interest accounts, self-directed and over-the-counter trade execution, and lending, borrowing, and exchange services".

Ex Parte Order to Cease and Desist by the State of Vermont Department of Financial Regulation in re. Nexo Inc., of the Cayman Islands; Nexo Capital Inc., of the Cayman Islands, and Nexo Financial LLC, a Delaware entity based in London, England, collectively described as "a financial services company that generates revenue by providing, deploying, and investing digital assets and virtual currencies".

Emergency Order to Cease and Desist Order in the Kentucky Department of Financial Institutions v. Kentucky Department of Financial Institutions v. Nexo Inc., of the Cayman Islands; Nexo Capital Inc., of the Cayman Islands, and Nexo Group, which "comprises business entities organized primarily in European jurisdictions".

Public Warning by the Swiss Financial Market Supervisory Authority that MGI Capital (Suisse) AG is "suspected of conducting unauthorised activities in the financial market".

Public Warning by the Swiss Financial Market Supervisory Authority that Aspen Asset Management AG is "suspected of conducting unauthorised activities in the financial market".

Public Notice by the Swiss Financial Market Supervisory Authority that it has ordered Hans-Peter Metzler, a citizen of Austria, not to engage in financial activity for which a license is required, particularly the acceptance of deposits from the public.

Administrative Order by the U.S. Securities and Exchange Commission imposing fines and disgorgement totaling $30.75 million on Sparkster Ltd. of the Cayman Islands, and Sajjad Daya, a resident of the United Kingdom, for conducting an unregistered securities offering involving crypto.

Complaint alleging an "unregistered offering and promotion" of crypto involving "Sparkster, Ltd., a software development company incorporated in the Cayman Islands" that raised "approximately $30 million from nearly 4,000 investors" in U.S. Securities and Exchange Commission v. Ian Balina, a resident of Austin, Texas and "a self-described crypto asset investor, promoter, and influencer", at the U.S. District Court for the Western District of Texas.

Complaint alleging a $1.5 million investment fraud regarding crypto tokens issued by Saint Kitts and Nevis-domiciled Beaxy Digital Ltd. in the U.S. Securities and Exchange Commission v. Chicago Crypto Capital LLC, Brian B. Amoah, Darcas Oliver Young, and Elbert G. Elliott at the U.S. District Court for the Northern District of Illinois.

Motion by the Vermont Department of Financial Regulation to Join U.S. Trustee's Motion for the Appointment of an Examiner in the matter of Celsius Network LLC, Celsius Network Inc., Celsius Network Limited, Celsius KeyFi LLC, Celsius Mining LLC, Celsius Networks Lending LLC, Celsius Lending LLC, and Celsius US Holding LLC at the U.S. Bankruptcy Court for the Southern District of New York.

Application for an order compelling compliance with administrative subpoenas for an investigation into "a potential fraudulent offering scheme by Empirex" that "may have raised as much as $55 million from investors" and, inter alia, involved cryptocurrency in U.S. Securities and Exchange Commission v. Empirex Capital LLC, AKC Management LLC, Rafael Alberto Vargas Gonzalez, a.k.a. Rafael Vargas, and Paola A. Vargas at the U.S. District Court for the Southern District of Florida.