Cayman Islands

Bo Run SPC: Directors

Director Details for Bo Run SPC, obtained from the Cayman Islands General Registry on October 5th, 2022.

Brimstone SPC: Directors

Director Details for Brimstone SPC, obtained from the Cayman Islands General Registry on October 5th, 2022.

Axtra LLC et al v. AXIA Issuer Inc. et al: Defendants’ Motion to Dismiss (Crypto Dispute)

Defendants' Motion to Dismiss regarding a dispute involving digital assets in Axtra LLC, of Wyoming, and The AXIA-Axtra Trust, described as “a unit trust formed under the laws of the Cayman Islands” v. AXIA Issuer Inc., described as "a for-profit corporation incorporated in the British Virgin Islands" whose "sole director ... is a corporation domiciled in Nevis", and AXIA Foundation Inc., described as “a non-profit corporation incorporated in the Commonwealth of Dominica” whose directors reside in Canada and Dominica, at the U.S. District Court for the District of Wyoming.

Ren CI et al v. Nebula (Cayman) Ltd. et al: Writ of Summons

Writ of Summons in Ren CI and Daoyi Holding Limited v. Nebula (Cayman) Limited, of the Cayman Islands; Chang Shuai, of China; Wang Yanzhi, of China; Zhang Fan, of China; Hu Hao, of China; Jiang Yameng, of China; Man Ho Kee Harry, of Hong Kong; LCA Ninja Pte. Ltd., of Singapore; Matrix Partners China VI Hong Kong Limited, of Hong Kong, and Alpha Startup Fund LP, of the Cayman Islands, at the Grand Court of the Cayman Islands.

Mediatrix Capital et al v. K8EDW Ltd. et al: Complaint (‘Fraudulent Transfers’)

Complaint alleging fraudulent transfers and unjust enrichment in Mark B. Conlan, as the "Court-appointed substitute receiver" for Mexiatrix Capital Inc., Mediatrix Capital Fund Ltd. and others v. K8EDW Limited, whose location is given as the Cayman Islands even though it does not appear to be domiciled there, and Tyler Wood, of Naples, Florida, USA, at the U.S. District Court for the District of Colorado.

E-House (China) Enterprise Holdings Ltd.: Chapter 15 Petition (Cayman Islands)

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Alexander Lawson, of Alvarez & Marsal, as the Foreign Representative of E-House (China) Enterprise Holdings Limited, described as "the ultimate holding company" of a group whose "primary business is real estate agency services in the primary market in the People’s Republic of China, real estate data and consulting services, and real estate brokerage network services", filed at the U.S. Bankruptcy Court for the Southern District of New York.

Spring Mountain Vineyard Inc. et al v. MGG California LLC et al: Complaint (‘$185M Loan Enforcement’)

Complaint alleging "an overzealous lender's improper efforts to enforce draconian provisions of a loan document that violate (and are unenforceable under) established New York law" in Spring Mountain Vineyard Inc. and Jacob E. Safra, a.k.a. Jaqui Safra, of Switzerland v. MGG California LLC, MGG (BVI) Limited, of the British Virgin Islands; MGG Canada Fund LP, of Canada; MGG Insurance Fund Series Interests of the Sali Multi-Series Fund LP, MGG Onshore Funding II LLC, MGG SF Drawdown Master Fund (Cayman) LP, of the Cayman Islands; MGG SF Drawdown Unlevered Fund II LP, MGG SF Drawdown Unlevered Fund LP, MGG SF Drawdown Unlevered Master Fund II (Cayman) LP, of the Cayman Islands; MGG SF Evergreen Fund LP, MGG SF Evergreen Master Fund (Cayman) LP, of the Cayman Islands; MGG SF Evergreen Unlevered Fund LP, MGG SF Evergreen Unlevered Master Fund II (Cayman) LP, of the Cayman Islands; MGG Specialty Finance Fund II LP, and MGG Specialty Finance Fund LP at the Supreme Court of the State of New York, County of New York.

Kuramo Capital Management LLC et al v. Elizabeth Seruma: Complaint (‘Unjust Enrichment’)

Complaint alleging conversion, unjust enrichment, and aiding and abetting breach of fiduciary duty in Kuramo Capital Management LLC, of Delaware; Kuramo Africa Opportunity Master Fund II LP, Kuramo Africa Opportunity Master Co-Investment Vehicle III LP, and Kuramo Africa Opportunity Agribusiness Vehicle LP, all of the Cayman Islands v. Elizabeth Seruma, described as "the wife of one of Kuramo's long-time investment managers—an individual named Larry Seruma", at the Superior Court of New Jersey, Mercer County.

Nexo Capital Fund SPC: Directors

Director Details for Nexo Capital Fund SPC, obtained from the Cayman Islands General Registry on September 27th, 2022.

Nexo Capital SEZC: Directors

Director Details for Nexo Capital SEZC, obtained from the Cayman Islands General Registry on September 27th, 2022.

Nexo Capital Inc.: Directors

Director Details for Nexo Capital Inc., obtained from the Cayman Islands General Registry on September 27th, 2022.

Nexo Inc.: Directors

Director Details for Nexo Inc., obtained from the Cayman Islands General Registry on September 27th, 2022.

Nexo Inc. et al: Cease and Desist Order (Oklahoma)

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.

New York AG v. Nexo Inc. et al: Complaint

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.

Nexo Inc. et al: Cease and Refrain Oder (California)

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".

Nexo Inc. et al: Cease and Desist Order (Vermont)

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".

Hexin Global Ltd. et al v. Singularity Future Technology Ltd. et al: Complaint (‘6M Fraud’)

Complaint "to recover damages caused by Defendants' common law fraud and statutory violations of the federal securities laws as well as breaches of contract" in Hexin Global Limited, of the British Virgin Islands, and Viner Total Investments Fund, described as a Cayman Islands entity based in Hong Kong v. Singularity Future Technology Ltd., formerly Sino-Global Shipping America Ltd.; Yang 'Leo' Jie, described as an alleged "fugitive wanted by Chinese law enforcement officials for perpetrating a $300 million Ponzi scheme"; Jing 'Angela' Shan, Tuo 'Tina' Pan, and Lei Cao at the U.S. District Court for the Southern District of New York.

Aaron Leibowitz et al v. Tether et al: Disclosure Order

Order that the Bitfinex/Tether defendants produce financial records that "relate to the backing of USDT" in Aaron Leibowitz et al et al v. BFXNA Inc., BFXWW Inc., Bittrex, Inc., Crypto Capital Corp., Giancarlo Devasini, DigFinex Inc., Reginald Fowler, Global Trade Solutions AG, Poloniex, LLC, Philip G. Potter, Tether Holdings Limited, Tether International Limited, Tether Limited, Tether Operations Limited, iFinex Inc., and Ludovicus Jan van der Velde at the U.S. District Court for the Southern District of New York.

Oceanic Hedge Fund: Directors

Director Details for Oceanic Hedge Fund, obtained from the Cayman Islands General Registry on September 20th, 2022.

Premier Assurance Group SPC Ltd. v. Leonardo Cornide et al: Complaint

Complaint "arising out of the fraudulent, undisclosed, unlawful and manipulative activities by the Insider Defendants to misappropriate tens of millions of dollars of assets from the Debtor for the ultimate use and benefit of the Founder Defendants and Family Trusts, in violation of their legal and fiduciary obligations to the Debtor under applicable United States and Cayman Islands law" in Jeffrey Stower and Jason Robinson, as the Foreign Representatives of Premier Assurance Group SPC Ltd., of the Cayman Islands v. Leonardo L. Cornide, individually and as Trustee of The Falcon Family Irrevocable Trust; Jorge E. Falcon, individually and as Trustee of The Cornide Family Irrevocable Trust; Javier Jimenez, Jr.; Andres Alos, Maria Sarduy, as Trustee of the Andres Alos Family Irrevocable Trust; Silverback Capital Partners LLC, Beast Capital LLC, 117 Albatross LLC, 301 Dale LLC, 900 Dale LLC, 975 Dale LLC, Preferred Business Services Inc., PA Marketing Ltd., 45 SBH LLC, 1736 SBH LLC, 2000 SBH LLC, 2170 SBH LLC, 74560 SBH LLC, Silverback Investments LLC, 248 Silverback Investments LLC, 1901 Silverback Investments LLC, 1919 Silverback Investments LLC, Silverback Equity Partners LLC, Silverback Management Services LLC, SBH Management Services LLC, Silverback Midtown LLC, and Silverback Ventures LLC at the U.S. Bankruptcy Court for the Southern District of Florida.

Premier Assurance Group SPC Ltd. v. Lyncpay LLC et al: Complaint ($28M)

Complaint in Jeffrey Stower and Jason Robinson, as the Foreign Representatives of Premier Assurance Group SPC Ltd., of the Cayman Islands v. Lyncpay LLC, Premier Assurance Advisors LLC, Premier Assurance Group LLC, PA Group Administration Corp., PA Marketing Ltd., Preferred Business Services Inc., Providence Insurance Company I.I., acting for and on behalf of protected cell Premier Assurance Segregated Portfolio Puerto Rico SAP; Beast Capital LLC, Leonardo L. Cornide, Jorge E. Falcon, and Javier Jimenez at the U.S. Bankruptcy Court for the Southern District of Florida.

Oceanic Hedge Fund et al v. Höegh LNG Partners LP: Complaint

Complaint to Compel Inspection of Books and Records in Oceanic Hedge Fund, which appears to be a Cayman Islands fund based in the Isle of Man; Dymic Investments (Cyprus) Limited, of Cyprus; Mark D. Elliott, and John L. Hage v. Höegh LNG Partners LP, described as "a Marshall Islands limited partnership" whose "common units are listed on the NYSE" but also described as having an address in Bermuda, at the Court of Chancery of the State of Delaware.

Sparkster Ltd. et al: $30M+ Penalties (‘Unregistered Crypto Offering’)

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.

Sparkster Ltd.: Directors

Director Details for Sparkster Ltd., obtained from the Cayman Islands General Registry on September 19th, 2022.

SEC v. Ian Balina: Complaint (‘$30M Unregistered Crypto Offering’)

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.

Shenwan Hongyuan Strategic Investments (H.K.) Ltd. v. Shinsun Holdings (Group) Co. Ltd.: Winding Up Petition

Winding Up Petition in Shenwan Hongyuan Strategic Investments (H.K.) Ltd., of Hong Kong v. Shinsun Holdings (Group) Co. Ltd., whose "principal business includes developing and selling properties in the People's Republic of China, through property development, property leasing, hotel operations, and provision of property management services", at the Grand Court of the Cayman Islands.

Kisha Trezevant v. Stanley Trezevant III: U.S. Judgment Enforcement (‘Contested Divorce Proceedings’)

Writ of Summons and Statement of Claim to recognize and enforce U.S. judgments and orders in "contested divorce proceedings" in which, inter alia, a U.S. judge "held that the Defendant had dissipated marital property by transferring US$2,145,131 to Norman Klein [a partner with Appleby law firm], the Defendant's Cayman Islands attorney, shortly before the Divorce Proceedings were filed" in Kisha Dean Trezevant, of Tennessee, USA v. Stanley Trezevant III, of Tennessee, USA, at the Grand Court of the Cayman Islands.

BitGo Holdings Inc. v. Galaxy Digital Holdings Ltd. et al: Complaint (‘$100M Crypto Dispute’)

Complaint "to hold Galaxy responsible for its unjustified, bad faith repudiation of the parties' merger agreement, which damaged BitGo in an amount not less than $100 million" in BitGo Holdings Inc., described as a Delaware-domiciled, California-based "technology and financial services company that established the first independent, regulated custodial business for digital assets" v. Galaxy Digital Holdings Ltd., described as a Cayman Islands-domiciled, New York-based "investment bank in the cryptocurrency sector"; Galaxy Digital Holdings LP, of the Cayman Islands, and Galaxy Digital Inc., of Delaware, at the Court of Chancery of the State of Delaware.

Paul Witmer v. Armistice Capital LLC et al: Complaint

Complaint alleging "the systematic looting of the Company [Aytu BioPharma, Inc.] by a hedge fund, Armistice, in what could be described as a "dump and dump" scheme" in Paul Witmer v. Armistice Capital LLC, Armistice Capital Master Fund Ltd., of the Cayman Islands; Steven Boyd, Joshua Disbrow, Gary Cantrell, John Donofrio Jr., Michael Macaluso, Carl Dockery, and Ketan B. Mehta at the Court of Chancery of the State of Delaware.
Jason-Qiao-BBShares

Hong Kong shareholder seeks Inspectors for Cayman crypto fund manager BBShares

Hong Kong resident Guang Huang has asked a Cayman Islands court to appoint Inspectors to investigate the affairs of crypto fund manager BBShares Capital Management Ltd., two of whose fellow principals - Connecticut residents Hongtao Jason Qiao and JingJing Zhou - he accused of committing a $7.2 million 'freeze out' fraud against him in a lawsuit filed three months ago in New York.

SparkLabs Global Ventures Management LLC et al: $225K Fines

Administrative Order by the U.S. Securities and Exchange Commission imposing fines totaling $225,000 on SparkLabs Global Ventures Management LLC, of Delaware; SparkLabs Management LLC, of Delaware, and Bernard Moon, of California, for "unauthorized and undisclosed inter-fund loan transactions" involving, inter alia, Cayman Islands-domiciled entities based in South Korea and Taiwan.