Crypto

Hyperrr.com GmbH: Public Warning (Switzerland)

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

Yuga Labs Inc. v. Thomas Lehman: Complaint (‘Knockoff Bored Ape Yacht Club NFTs’)

Complaint alleging the defendant "is a central part of a business venture designed to explicitly mislead consumers into thinking that his and his accomplices' knockoff non-fungible tokens are affiliated, sponsored, or associated with Yuga Labs" in Yuga Labs Inc. v. Thomas Lehman at the U.S. District Court for the Northern District of New York.

SEC v. Avraham Eisenberg: Complaint (‘$116M Crypto Fraud’)

Complaint alleging the defendant "drained approximately $116 million from a crypto asset trading platform known as Mango Markets after manipulating the trading price and volume of the “MNGO token,” a so-called “governance token” of Mango Markets that was purchased and sold as a crypto asset security" in U.S. Securities and Exchange Commission v. Avraham Eisenberg at the U.S. District Court for the Southern District of New York.

Coincident Capital International Ltd.: Directors

Director Details for Coincident Capital International Ltd. Ltd. (which has an unsecured claim of $112 million in the bankruptcy of crypto lender Genesis), obtained from the Cayman Islands General Registry on January 20th, 2023.

Genesis Global Holdco LLC et al: Chapter 11 Petition (‘Crypto Lender Bankruptcy’)

Chapter 11 Petition by Genesis Global Holdco LLC, of New York; Genesis Global Capital, LLC, of New York, and Genesis Asia Pacific Pte. Ltd., of Singapore, which collectively "provide lending and borrowing, spot trading, derivatives and custody services for digital assets and fiat currency", at the U.S. Bankruptcy Court for the Southern District of New York.

Nexo Capital Inc.: $22.5M Fine (‘Unregistered Crypto Offering’)

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.

International Union of Operating Engineers v. Silvergate Capital Corporation et al: Class Action Complaint (‘Crypto Securities Fraud’)

Class Action Complaint alleging securities fraud in International Union of Operating Engineers, Local No. 793, Members Pension Benefit Trust of Ontario, of Canada v. Silvergate Capital Corporation, Alan J. Lane, Antonio Martino, Kathleen M. Fraher, Benjamin C. Reynolds, Dennis S. Frank, Michael Lempres, Karen F. Brassfield, Robert C. Campbell, Paul D. Colucci, Thomas C. Dircks, Scott Reed, Colleen Sullivan, Aanchal Gupta, Goldman Sachs & Co. LLC, Keefe Bruyette & Woods Inc., Canaccord Genuity LLC, Compass Point Research & Trading LLC, Craig-Hallum Capital Group LLC, JPMorgan Securities LLC, and Wedbush Securities LLC at the U.S. District Court for the Southern District of California.

Crypto lender Nexo Capital sues Cayman regulator for rejecting license application

On the day its offices were raided in Bulgaria last week, and four of its employees criminally charged with money laundering and fraud, the Nexo crypto lending group sued the Cayman Islands Monetary Authority for rejecting its licensing application and is seeking a court declaration that it is "suitable to be registered".

SEC v. Stephen Braverman: Braverman’s Motion to Dismiss (‘$37M Crypto Fraud’)

Defendant Stephen Braverman's Motion to Dismiss 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.

SEC v. James Goldberg: Goldberg’s Motion to Dismiss (‘$37M Crypto Fraud’)

Defendant James Goldberg's Motion to Dismiss 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.

Patrick Boismenu v. Ironworks BVI Ltd.: Complaint (‘$1.5M Crypto Fraud’)

Complaint in Patrick Boismenu, described as a citizen of Canada residing in Egypt who is "an expert in cryptography and crypto currencies with decades of experience in these fields" v. Ironworks BVI Ltd., a.k.a. Ironworks Trading, d.b.a. Ferrum Network, described as a British Virgin Islands company that "advertises itself as a leader in blockchain interoperability", at the U.S. District Court for the Eastern District of New York.

Charles Freeman et al v. 3Commas Technologies OÜ: Class Action Complaint (‘Crypto Fraud’)

Class Action Complaint in Charles Freeman, Tigran Melkonyan, Ari Shofet, Shawn Mall, Benjamin Ferris, Bryan Chapman, Nandan Arora, Shafiq Rajani, Vijay Christopher, Marc Ashby, Vincent van Buskirk, Lawrence Manickam, and Edmundo Pena v. 3Commas Technologies OÜ, of Estonia, described as "a provider of automatic Crypto trading software", at the U.S. District Court for the Northern District of California.

USA v. Avraham Eisenberg: Criminal Indictment (‘$110M Crypto Fraud’)

Criminal Indictment alleging "a scheme to fraudulently obtain approximately $110 million worth of cryptocurrency from a cryptocurrency exchange called Mango Markets and its investors" in USA v. Avraham Eisenberg at the U.S. District Court for the Southern District of New York.

Andrawes Husary et al v. Silvergate Bank et al: Class Action Complaint (‘FTX Crypto Fraud’)

Class Action Complaint "for aiding and abetting a multibillion-dollar fraudulent scheme orchestrated by Sam Bankman-Fried through two of his entities, the cryptocurrency exchange FTX and the cryptocurrency hedge fund Alameda Research LLC" in Andrawes Husary, Francisco de Tomaso, described as a citizen and resident of Argentina; Soham Bhatia, and Michael Hawwa v. Silvergate Bank, Silvergate Capital Corporation, and Alan J. Lane at the U.S. District Court for the Southern District of California.

CFTC v. Avraham Eisenberg: Complaint (‘$100M Crypto Fraud’)

Complaint alleging "a manipulative and deceptive scheme to artificially inflate the price of swaps offered by Mango Markets, a decentralized digital asset exchange, culminating in the misappropriation of over $100 million from the platform" in Commodity Futures Trading Commission v. Avraham Eisenberg at the U.S. District Court for the Southern District of New York.

FXCH Ltd. v. Centre Consortium LLC: Complaint (‘Crypto Dispute’)

Complaint for "an injunction in aid of arbitration requiring Centre to direct the segregation of the $6,000,000 USD supporting the peg for the 6,000,000 USDC and to block and freeze 6,000,000 permanently inaccessible USDC stable coins belonging to FXCH" in FXCH Ltd., described as "a member-based financial utility for Institutional Spot-FX Clearing with its principal place of business in Dublin, Ireland" v. Centre Consortium LLC, which "administers the network for a so-called 'stablecoin' that is pegged 1-to-1 (or 1:1) to the U.S. Dollar, called USD Coin and denominated as USDC", at the U.S. District Court for the District of Massachusetts.

USA v. Francisley da Silva et al: Superseding Indictment (‘Crypto-Based Investment Fraud’)

Superseding Indictment alleging fraud and money laundering regarding "a purported cryptocurrency mining and trading company that promised to earn its victim-investors profits in exchange for their purchase of cryptocurrency-related investment products" in USA v. Francisley da Silva, a citizen of Brazil; Juan Tacuri, Antonia Perez Hernandez, and Ramon Perez at the U.S. District Court for the Southern District of New York.

New York AG v. Alex Mashinsky: Complaint (‘Celsius Network Crypto Fraud’)

Complaint alleging "a scheme to defraud hundreds of thousands of investors, including more than 26,000 New Yorkers, by using false and misleading representations to induce them to deposit billions of dollars in digital assets with his cryptocurrency lending company Celsius Network LLC" in The People of the State of New York, by Letitia James, as the Attorney General of the State of New York v. Alex Mashinsky at the Supreme Court of the State of New York, County of New York.

SEC v. Cooper Morgenthau: Complaint & Proposed Judgment (‘$5M Fraud Against Cayman Entities’)

Complaint (and Proposed Judgment) alleging the defendant "stole more than $5 million" from his employer, African Gold Acquisition Corp., and from investors in Strategic Metals Acquisition Corp. I and Strategic Metals Acquisition Corp. II, all of the Cayman Islands, in U.S. Securities and Exchange Commission v. Cooper J. Morgenthau at the U.S. District Court for the Southern District of New York.

ICHI Foundation: Directors

Director Details for ICHI Foundation, obtained from the Cayman Islands General Registry on December 27th, 2022.