Malta

Karl Cini: Prohibition (Malta)

Public Notice by the Malta Financial Services Authority that it has prohibited Karl Cini "from accepting any new positions" while "criminal proceedings against Mr. Cini are ongoing".

Brian Tonna: Prohibition (Malta)

Public Notice by the Malta Financial Services Authority that it has prohibited Brian Tonna "from accepting any new positions" while "criminal proceedings against Mr. Tonna are ongoing".

Envestio SI Oü: Chapter 15 Petition (Estonia)

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Estonia by Andres Hermet, as the Foreign Representative of Envestio SI Oü, described as an allegedly fraudulently-operated "holder and administrator of a crowdfunding platform which purportedly offered potential investors web-based intermediation of loans for businesses and real estate projects", filed at the U.S. Bankruptcy Court for the Southern District of Florida.

USA v. 1.1 Bitcoin: Forfeiture Complaint (Patel Ankitbhai Ramanbhai)

Forfeiture Complaint regarding the alleged proceeds of fraud in USA v. 1.10387626 Bitcoin seized from an account at Binance crypto exchange controlled by Patel Ankitbhai Ramanbhai, of India, at the U.S. District Court for the Eastern District of California.

Pretzel Ltd. v. Pecunia Business Development Ltd. et al: Amended Complaint

Amended Complaint involving entities in the Bahamas, British Virgin Islands, Cayman Islands, and Malta in Pretzel Limited, of Malta v. Pecunia Business Development Limited, of the British Virgin Islands. and Alley Maass Rogers & Lindsay P.A., a Florida law firm, at the U.S. District Court for the Southern District of Florida.

Lorraine Falzon: Disqualification

Public Notice by the Malta Financial Services Authority that it has imposed a corporate disqualification on Lorraine Falzon for not being "fit and proper".

Matthew Pace: Disqualification

Public Notice by the Malta Financial Services Authority that it has imposed a corporate disqualification on Matthew Pace for not being "fit and proper".
Jeremy Leach-Managing Partners

British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5M

Four days before a trial was due to start in the Cayman Islands, British fund manager Jeremy Leach and eight of his firms settled a fraud complaint by agreeing to pay $11.5 million over 22 months, OffshoreAlert can reveal. Despite a plethora of red flags, the Cayman Islands Monetary Authority continues to license Leach's Managing Partners Group and its funds and the group also operates entities in the British Virgin Islands, England, Malta, Spain, and Switzerland.

Brian Kang et al v. Hybrid Trade Ltd. et al: Complaint (‘$50M Crypto Fraud’)

Complaint in Brian Kang, individually and on behalf of SkyBlock LLC and Mid-Wilshire Consulting LLC; Prasad Hurra, David Kim, individually and on behalf of Blue Block Group; Artemo Verduzco, David Kwon, and Young Jae Kwon v. Hybrid Trade Limited, Asia Digital Asset Exchange, Allysian Sciences, Apolo Ohno, Rod Jao, and Eugenio Pugliese at the Superior Court of the State of California, County of Los Angeles.
Yorgen Fenech-Aaron Mifsud Bonnici

Malta police investigate lawyer Aron Mifsud Bonnici & businessman Yorgen Fenech for ‘Dark Web weapons purchase using crypto’

Police in Malta are investigating lawyer Aron Mifsud Bonnici and businessman Yorgen Fenech regarding "the unlawful acquisition of firearms" on the "Dark Web" using Bitcoin. Details are contained in an application to collect evidence from crypto exchanges Poloniex and Coinbase that was filed at federal court in Delaware by the USA after receiving a request for judicial assistance from Malta.

Malta: Yorgen Fenech et al (‘Dark Web Firearms Purchase’)

Application for the appointment of a Commissioner to collect evidence from crypto exchanges Poloniex and Coinbase - pursuant to a request for judicial assistance from Malta - for a criminal investigation into Maltese businessman Yorgen Fenech and Maltese lawyer Aron Mifsud Bonnici for "the unlawful acquisition of firearms".

BSV Claims Ltd. v. Bittylicious Ltd. et al: Application (‘£9.9B Crypto Dispute’)

Notice of Application "for a collective proceedings order permitting it to act as the class representative bringing opt-out collective proceedings on behalf of UK based holders of the cryptocurrency Bitcoin Satoshi Vision against various cryptocurrency exchanges who it is contended colluded to de-list BSV in 2019" in BSV Claims Limited, of England v. Bittylicious Limited, of England; Payward Limited, of England; ShapeShift Global Limited, of England; Payward, Inc., d.b.a. Kraken, of California, USA; ShapeShift AG, a Swiss company based in Denver, USA, and Binance Europe Services Limited, of Malta, at the United Kingdom's Competition Appeal Tribunal.

SEC v. Greg Lindberg et al: Complaint (‘$75M Fraud’)

Complaint alleging fraud involving entities in Bermuda, Malta, and the USA in U.S. Securities and Exchange Commission v. Gregory E. Lindberg, Christopher Herwig, and Standard Advisory Services Limited, of Malta, at the U.S. District Court for the Middle District of North Carolina.

Novum Bank Ltd.: €89K Fine

Public Notice by Malta's Financial Intelligence Analysis Unit that it has imposed a fine of €89,516 on Novum Bank Limited for regulatory breaches.

Ferratum Bank Plc: €653K Fine

Public Notice by Malta's Financial Intelligence Analysis Unit that it has imposed a fine of €653,637 on Ferratum Bank Plc for regulatory breaches.

USA v. Binance Holdings Ltd.: $351K Crypto Seizure Application

Application for a Warrant to Seize cryptocurrency up to $351,000 that is believed to be the proceeds of fraud in USA v. Binance Holdings Limited, described as a cryptocurrency exchange with an address in Malta, at the U.S. District Court for the District of South Carolina.

Atom Trustees Ltd.: €14.5K Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €14,475 on Atom Trustees Limited for regulatory breaches.

RiskCap International Ltd.: €4.5K Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €4,500 on RiskCap International Limited for regulatory breaches.

European Depositary Bank SA: Reprimand

Public Notice by the Luxembourg CSSF that it has imposed a reprimand on European Depositary Bank S.A. "following the violation by the Bank of the CSSF's temporary prohibition of 5 March 2021 on the onboarding of new investment fund structures due to severe deficiencies in its organisation and governance".

Elmo Pensions Ltd.: €1,800 Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €1,800 on Elmo Pensions Limited for regulatory breaches.

Blevins Franks Trustees Ltd.: €500 Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €500 on Blevins Franks Trustees Ltd. for a regulatory breach.

BDO Consult Ltd.: €61,763 Fine

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €61,763 on BDO Consult Limited for regulatory breaches.

Winston Zahra: €15,800 Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €15,800 on Winston V. Zahra for a regulatory breach.

Charles Borg: €5,050 Fine

Public Notice from the Malta Financial Services Authority that it has imposed a fine of €5,050 on Charles Borg for a regulatory breach.

Alfred Pisani: €6,230 Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €6,320 on Alfred Pisani for a regulatory breach.

N Trust Ltd.: €94,868 Fine

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €94,868 on N Trust Limited for regulatory breaches.

AlleyBe Ltd.: €500 Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €500 on AlleyBe Limited.

EMCS Ltd.: €500 Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €500 on EMCS Limited.

Cymaplus Malta Ltd.: €500 Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €500 on Cymaplus Malta Limited.

CSB International Ltd.: €3K Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €3,000 on CSB International Limited.

ECDP Malta Ltd.: €2K Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €2,000 on ECDP Malta Limited.

Business Serving Ltd.: $4.5K Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €4,500 on Business Serving Limited for regulatory breaches.

Felicitas Corporate Ltd.: €3,750 Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €3,750 on Felicitas Corporate Limited for a regulatory breach.