China

Administrative Order imposing monetary penalties totaling $126,559 for insider trading against Wei Duan, a citizen of China, regarding Momo, Inc., a Cayman Islands company based in China, before the U. S. Securities and Exchange Commission.

Administrative Order imposing monetary penalties on American Bondholders Foundation, LLC, of Delaware, and Jonna Bianco, of Tennessee, regarding "thousands of defaulted bonds issued by the Republic of China between 1912 and 1942", before the U. S. Securities and Exchange Commission.

Complaint alleging securities violations in Heng Huang v. DouYu International Holdings Ltd., a Cayman Islands-domiciled, China-based company that is "purportedly one of the People's Republic of China's top two live-streaming video-game platforms" whose securities are listed on NASDAQ; Shaojie Chen, Wenming Zhang, Chao Cheng, Mingming Su, Hao Cao, Ting Yin, Haiyang Yu, Xi Cao, Xuehai Wang, Zhaoming Chen, Zhi Yan, Tencent Holdings Limited, of the Cayman Islands, and Cogency Global Inc. at the U. S. District Court for the Central District of California.

Winding Up Petition in Credit Suisse AG, Singapore Branch v. Primus Investments Fund LP, described as "a special purpose vehicles to hold shares in Luckin Coffee Inc.", at the Grand Court of the Cayman Islands.

Winding Up Petition in Credit Suisse AG, Singapore Branch v. Mayer Investments Fund LP, described as "a special purpose vehicle to hold shares in Luckin Coffee Inc.", at the Grand Court of the Cayman Islands.

Class Action Complaint alleging securities fraud in Thomas Jenkins v. iQIYI Inc., described as a Cayman Islands-domiciled, China-based company that "provides online entertainment services under the iQIYI brand in China" and whose securities are listed on NASDAQ; Yu Gong, Xiaodong Wang, Robin Yanhong Li, Qi Lu, Herman Yu, Xuyang Ren, Victor Zhixiang Liang, and Chuan Wang at the U. S. District Court for the Northern District of California.

Complaint alleging fraud in Jinyun Quan, of China, and Abundant Season Ltd., of the British Virgin Islands, v. Herbert Lawson, Steven Lawson, Lakepark Estates LLC, Windham Lakepark Estates LLC, Lake Park Florida Investors LLC, and Lake Park Florida Investors II LLC at the Superior Court of the State of California, County of Los Angeles.

Class Action Complaint alleging securities violations in Katherine Wandel v. Phoenix Tree Holdings Limited, described as "a Cayman Islands holding company that leases and manages apartments in China"; Jing Gao, Derek Boyang Shen, Yan Cui, Wenbiao Li, Erhai Liu, Xian Chen, William Wang, Gang Ji, Edwin Fung, Jianping Ye, Jason Zheng Zhang, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, JPMorgan Securities LLC, Tiger Brokers (NZ) Limited, US Tiger Securities Inc., Cogency Global Inc., and Richard Arthur at the U. S. District Court for the Southern District of New York.

Liquidation Application in Credit Suisse AG, Singapore Branch v. Summer Fame Limited, described as "a special purpose vehicle to hold shares in Luckin Coffee Inc.", at the British Virgin Islands High Court.

Class Action Complaint alleging securities fraud in Roger A. Ikeda v. Baidu Inc., described as a China-based "technology company" that operates "the second largest search engine in the world" and whose shares are listed on NASDAQ; Yanhong Li, and Cheng-Chun Yu at the U. S. District Court for the Northern District of California.

Class Action Complaint alleging securities violations involving British Virgin Islands-domiciled Super ROI Global Holding Limited, which is owned by Cayman Islands-domiciled Super ROI Global Inc., in Emal Haideri v. Jumei International Holding Limited, described as a Cayman Islands-domiciled, China-based company that "retails beauty products, baby, children, and maternity products, light luxury products, and health supplements online" and whose shares are listed on the New York Stock Exchange; Leo Ou Chen, Zhenquan Ren, Sean Shao, Mang Su, and Adam J. Zhao at the U. S. District Court for the Northern District of California.

Class Action Complaint alleging securities fraud in Jean Lee v. iQIYI, Inc., described as a Cayman Islands-domiciled, China-based company that is "the Netflix of China" and whose shares are listed on NASDAQ; Yu Gong, and Xiaodong Wang at the U. S. District Court for the Eastern District of New York.

Ruling in Fortunate Drift Limited, of the British Virgin Islands v. Canterbury Securities Ltd. at the Grand Court of the Cayman Islands.

Judgment regarding a liquidation application in Everbright Sun Hung Kai Company Limited, f.k.a. Sun Hung Kai Financial Limited, f.k.a. Sun Hung Kai Securities Limited, of Hong Kong v. Walton Enterprises Limited at the British Virgin Islands High Court.

Class Action Complaint alleging securities fraud in Maso Capital Investments Limited, of the Cayman Islands; Blackwell Partners LLC-Series A, of Delaware, and Crown Managed Accounts SPC, for and on behalf of Crown/Maso Segregated Portfolio, of the Cayman Islands v. E-House (China) Holdings Limited, described as a Cayman Islands-domiciled, China-based "leading real estate services company with a network covering more than 260 cities" whose securities are listed on the New York Stock Exchange; Xin Zhou, Neil Nanpeng Shen, E-House Holdings Ltd., of the Cayman Islands; Charles Chao, Bing Xiang, Hongchao Zhu, Jeffrey Zeng, Winston Li, David Jian Sun, Canhao Huang, Sina Corporation, of the Cayman Islands; Kanrich Holdings Limited, On Chance Inc., Jun Heng Investment Limited, Smart Create Group Limited, and Smart Master International Limited, all of the British Virgin Islands, at the U. S. District Court for the Southern District of New York.

Class Action Complaint alleging securities fraud in Vijaya Gopu and Normala Gopu v. Luckin Coffee Inc., described as a Cayman Islands company based in China with subsidiaries in the British Virgin Islands and Hong Kong; Charles Zhengyao Lu, Jenny Zhiya Qian, Jian Liu, Reinout Hendrik Schakel, Hui Li, Jinyi Guo, Erhai Liu, Sean Shao, Thomas P. Meier, Needham & Company LLC, Morgan Stanley & Co. LLC, China Capital Corp., Hong Kong Securities Ltd., Haitong International Securities Co. Ltd., Credit Suisse Securities (USA) LLC, and KeyBanc Capital Markets Inc. at the U. S. District Court for the Eastern District of New York.

Application for the appointment of a Commissioner to collect evidence from PNC Bank and Capital One Bank - pursuant to a request for judicial assistance from Germany - for a criminal investigation into "Wu Qingzhu and other unknown subjects" for a suspected advance fee fraud in which a "victim" allegedly transferred €112,895 to pay purported fees after being promised a 15% commission if they helped to move "300 million Chinese Yuan Renminbi" out of China.

Complaint alleging securities fraud in TD Holdings, Inc., formerly known as China Bat Group Inc., a Delaware company based in China v. Sophie Harrison, a.k.a. Xianqin Wang Harrison, a.k.a. Sophia Wang, a.k.a. Xianqin Wang, a.k.a. Xueqing Wang, and Harrison Fund LLC at the U. S. District Court for the Northern District of California.

Judgment regarding applications to strike out a winding-up petition for abuse of process in Tianrui (International) Holding Company Limited, of the British Virgin Islands v. China Shanshui Cement Group Limited, a Cayman Islands-domiciled, Hong Kong-based company whose shares are listed on the Hong Kong Stock Exchange, at the Grand Court of the Cayman Islands.

The cryptocurrency industry had its own 'Red Wedding' at federal court in Manhattan yesterday when 11 class action complaints alleging the sale of unregistered securities were filed against 42 defendants in the BVI, Canada, Cayman Islands, China, Estonia, Hong Kong, Israel, Japan, Malta, Seychelles, Singapore, South Africa, Switzerland, Taiwan, USA, and Vietnam.

Class Action Complaint alleging the sale of unregistered securities in the form of digital tokens knowns as TRX in Alexander Clifford and Chase Williams v. TRON Foundation, described as a Singapore-domiciled "blockchain-focused software development company ... with offices in California, Singapore, and Beijing"; Justin Sun, and Zhiqiang (Lucien) Chen, described as residents of San Francisco, California, at the U. S. District Court for the Southern District of New York.

Class Action Complaint alleging the sale of unregistered securities involving an online exchange known as Bibox in Alexander Clifford v. Bibox Group Holdings Ltd., described as a British Virgin Islands-domiciled company based in New York; Bibox Technology Ltd., domiciled in Estonia; Bibox Technology Oü, domiciled in Estonia; Wanlin 'Aries' Wang, of Long Island, NY; Ji 'Kevin' Ma, of China, and Jeffrey Lei, of Singapore, at the U. S. District Court for the Southern District of New York.

Class Action Complaint alleging the sale of unregistered securities involving digital tokens known as EOS, BNT, SNT, QSP, KNC, TRX, FUN, ICX, OMG, LEND, ELF, and CVC in Eric Lee and Chase Williams v. Binance, described as the Malta-domiciled "largest cryptocurrency exchange in the world, with a market capitalization of $1.3 billion"; Changpeng Zhao, described as a resident of Taiwan; Yi He, described as a resident of Malta, and Roger Wang, described as a resident of Malta, at the U. S. District Court for the Southern District of New York.

Complaint alleging securities fraud in Christophe Sterckx v. Luckin Coffee Inc., described as a Cayman Islands-domiciled, China-based company that "purports to engage in the retail sale of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China" and whose securities are listed on NASDAQ; Jenny Zhiya Qian, Reinout Hendrik Schakel, Charles Zhengyao Lu, Jian Liu, Jinyi Guo, Hui Li, Erhai Liu, Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, China International Capital Corporation Hong Kong Securities Limited, Haitong International Securities Company Limited, KeyBanc Capital Markets Inc., and Needham & Company LLC at the U. S. District Court for the Eastern District of New York.

Application for the appointment of a Commissioner to collect evidence from JPMorgan Chase Bank - pursuant to a request for judicial assistance from Hungary - for a criminal investigation into "unknown subjects for fraud" committed against companies in China and Hungary.

Complaint in Steven Cody Reynolds, a resident of Oregon described as "an experienced investor in cryptocurrencies" v. Binance Holdings Ltd., described as "a Cayman Islands limited company with headquarters in the Republic of Malta", at the U. S. District Court for the Northern District of California.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Eric St-Amour, of Ernst & Young, as the Foreign Representative of Spectra Premium Industries Inc., Spectra Premium Holdings (USA) Corp., Spectra Premium (USA) Corp., and Spectra Premium Properties (USA) Corp., at the U. S. Bankruptcy Court for the District of Delaware.

First Amended Forfeiture Complaint regarding the alleged laundering by Chinese cryptocurrency traders of proceeds from hacks of, and thefts from, virtual currency exchanges, mostly in South Korea, by "North Korea actors" in USA v. 146 Virtual Currency Accounts at the U. S. District Court for the District of Columbia.

Application by Hedrick House Limited, of the British Virgin Islands, to take discovery from eMblaze One Inc. and Jaspreet Mathur, a.k.a. Jas Mathur, for use in legal proceedings in England against Nicholas Christian Fletcher, a citizen of the United Kingdom, filed at the U. S. District Court for the Central District of California.

Complaint in BFAM Asian Opportunities Master Fund LP, of the Cayman Islands, and Value Partners Greater China High Yield Income Fund, of Hong Kong v. Rock International Investment Inc., of the British Virgin Islands, and Shandong Yuhuang Chemical Co. Ltd., of China, at the Supreme Court of the State of New York, County of New York.

Complaint alleging securities fraud in Philippe Lemieux v. Canaan Inc., a Cayman Islands company based in China whose shares are listed on NASDAQ; Nangeng Zhang, Jiaxuan Li, Jianping Kong, Qifeng Sun, Quanfu Hong, Citigroup Global Markets Inc., China Renaissance Securities (Hong Kong) Limited, CMB International Capital Limited, Galaxy Digital Advisors LLC, Huatai Financial Holdings (Hong Kong) Limited, Tiger Brokers (NZ) Limited, Haitong International Securities Company Limited, and ViewTrade Securities Inc. at the U. S. District Court for the District of Oregon.

Originating Application in GH Ore Investment Co. Ltd. v. Rich Land Mineral Supplies Co., Ltd. at the British Virgin Islands High Court.

Amended Complaint alleging "a scheme by a tight knit network of individuals and organizations to manipulate the cryptocurrency market for Bitcoin Cash" in United American Corp., of Florida v. Bitmain Inc., of Delaware; Roger Ver, described as a resident of Japan; Bitmain Technologies Ltd., described as a Hong Kong company based in China; Jihan Wu, described as a resident of China; Payward Ventures Inc., d.b.a. Kraken, of Delaware; Jesse Powell, Shammah Chancellor, and Jason Cox, all of California, at the U. S. District Court for the Southern District of Florida.

Stop Notice by China Minsheng Banking Corp., Ltd., Hong Kong Branch regarding shares in Nobao Renewable Energy Holdings Limited owned by Asia Pacific Resources Development Investment Limited, filed at the Grand Court of the Cayman Islands.

Criminal Indictment alleging money laundering and operation of an unlicensed money transmitting business involving the alleged hacking of, and $250 million theft from, a virtual currency exchange in USA v. Tian Yinyin and Li Jiadong, described as citizens of China, at the U. S. District Court for the District of Columbia.

Winding Up Petition in Er Kwong Wah, of Singapore v. China Sky Chemical Fibre Co. Ltd., a Cayman Islands firm based in China, at the Grand Court of the Cayman Islands.

Fixed Date Claim Form regarding Barrington International Trading Limited in Caribbean Galaxy Real Estate Corporation, of Saint Kitts, described as "a creditor of Barrington International Trading Limited" v. Registrar of Corporate Affairs at the British Virgin Islands High Court.

Canadian Troy Hogg, who perpetrated a cryptocurrency scam via his Bermuda-domiciled Arbitrade group, is suing a Hong Kong-based Bitcoin exchange known as HitBTC, alleging it has failed to redeem C$1.18 million of Bitcoin he claims to own.

Writ of Summons in Ming Yang v. TutorGroup Holding at the Grand Court of the Cayman Islands.

Claim Form in Robert Vincent Levine, of Hong Kong v. Ng Sin Ying, a.k.a. Richard Ng, of Hong Kong, and Trade Alliance Investment Limited at the British Virgin Islands High Court.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in England by Steven Parker and Trevor Binyon, of Opus Restructuring, as the Foreign Representatives of Dooga Ltd., a Maltese-owned British firm whose "Cubits" cryptocurrency exchange closed down in 2018 following an alleged €27 million fraud involving "payment processor" Pay Secure Online Limited, d.b.a. Paysec, and "three Chinese nationals called Lui Caifeng, Liu Lin, and Yajuan She", at the U. S. Bankruptcy Court for the Northern District of California. Editor's Note: Research by OffshoreAlert showed that, in the Malta Business Registry, the owner of Pay Secure Online Limited is identified as David Murphy, a British national with an address in Thailand, while directors have included Richard John Barry, a British national residing in Dubai, and Dimitar Stefanov Georgiev, a citizen and resident of Bulgaria, who both resigned on March 2nd, 2018, and the auditor is Antoine Borg, of Malta. On May 15th, 2019, the Malta Financial Services Authority issued a "warning" that Paysec "is NOT licenced NOR authorised by the MFSA to provide any investment or other financial services which are required to be licenced or otherwise authorised under Maltese law".

Third Superseding Indictment alleging racketeering, conspiracy to steal trade secrets, and fraud in USA v. Huawei Technologies Co. Ltd., of China; Huawei Device Co. Ltd., of Huawei; Huawei Device USA Inc., of the USA; Futurewei Technologies Inc., of the USA; Skycom Tech Co. Ltd., of Hong Kong, and Wanzhou Meng, a.k.a. Cathy Meng, a.k.a. Sabrina Meng, a citizen of China, at the U. S. District Court for the Eastern District of New York.

Originating Application in the matter of eoeMobile Ltd. at the Grand Court of the Cayman Islands.

Ruling in Robert Seiden, of the United States, as Temporary Receiver of Link Motion Inc. v. Link Motion Inc., a Cayman Islands firm based in China, at the Grand Court of the Cayman Islands.

Order Recognizing U.S. Order Appointing Temporary Receiver in Robert Seiden, of the United States, as Temporary Receiver of Link Motion Inc. v. Link Motion Inc., a Cayman Islands firm based in China, at the Grand Court of the Cayman Islands.

Judgment approving a Deferred Prosecution Agreement and imposing a "total financial sanction" of €990,963,712 for suspected bribery in Director of the Serious Fraud Office v. Airbus SE at the Crown Court, in Southwark, England.

Criminal Complaint for "Making materially false, fictitious and fraudulent statements to an agency of the U.S. government" regarding his involvement with Wuhan University of Technology, in China, in USA v. Charles Lieber, described as "a full-time faculty member and Chair of the Department of Chemistry and Chemical Biology at Harvard University", at the U. S. District Court for the District of Massachusetts.

Class Action Complaint alleging securities fraud in Leon M. Brown v. Opera Limited, a Cayman Islands-domiciled, Norway-based software company whose shares are listed on NASDAQ; Frode Jacobsen, of Norway; Yahui Zhou, Hongyi Zhou, and Han Fang, all of China, at the U. S. District Court for the Southern District Court of New York.

Complaint alleging fraud and breach of contract in Gary Wang v. EHang Holdings Limited, of the Cayman Islands; Guangzhou EHang Intelligent Technology Co. Ltd., Huazhi Hu, Derrick Yifang Xiong, Shang-Wen Hsiao, and Richard Jian Liu, all of China, at the U. S. District Court for the Northern District of California.

Claim Form regarding Precious Sheen Investments Ltd. in Energroup Holdings Corporation, of Nevada, by its Receivers Todd Conrow, Alan T. Hill, Jin Kun, Nelson Tang, and Xu Fei v. Swift Moon Limited and Vistra (BVI) Limited at the British Virgin Islands High Court.