Uulala

SEC sues Uulala for ‘$9 million crypto fraud’

A group called Uulala, which was the first applicant to be approved to conduct an Initial Coin Offering in crypto-friendly Bermuda, has been accused of perpetrating a $9 million digital tokens fraud in a complaint filed at federal court in California by the SEC - two-and-a-half years after the scheme was exposed by OffshoreAlert.

Matthew Loughran v. Uulala Inc.: Complaint

Complaint for $9,915 in Matthew Loughran v. Uulala Inc., a California-based company that is part of a group that was the first applicant to be approved for an Initial Coin Offering in Bermuda, at the Superior Court of California, County of Sacramento.

Uulala Inc. v. Damiano Raigoza et al: Special Motion to Strike

Special Motion to Strike by Damiano Raigoza in Uulala Inc., which is part of a cryptocurrency group that became the first applicant to be approved by Bermuda to conduct an Initial Coin Offering v. Damiano Raigoza, Andre Urena, and Allan Sheu at the Superior Court of the State of California, for the County of Los Angeles.

Blockchain firm Uulala sued for indebtedness in California

Blockchain group Uulala, which 22 months ago became the first applicant to be approved to conduct an Initial Coin Offering in Bermuda despite a plethora of red flags, is being sued for alleged indebtedness in California.

TriNet HR III Inc. v. Uulala Inc.: Complaint

Complaint alleging breach of contract in TriNet HR III Inc. v. Uulala Inc., a U.S. company that is part of a group that last year became the first applicant to be approved for an Initial Coin Offering in Bermuda, at the Superior Court of California, County of San Bernardino.

Uulala Inc. v. Damiano Raigoza et al: Complaint

Complaint alleging "a systematic campaign to disparage Uulala's reputation with investors and employees" in Uulala Inc., described as a "blockchain technology" company "that has developed a financial solutions banking platform and mobile app that gives the underbanked the ability to send and receive money from anywhere in the world" v. Damiano Raigoza, Andre Urena, and Allan Sheu at the Superior Court of the State of California, County of Los Angeles.

New lawsuit against Delaware affiliate of Bermuda crypto firm Uulala

A Delaware company controlled by the California-based head of Bermuda cryptocurrency firm Uulala, Oscar Garcia, is being sued for allegedly defaulting on an agreement to pay $700,000 to settle a lawsuit brought by minority shareholder Gustavo Lopez, who claimed that Garcia swindled him.

Gustavo Lopez v. Uulala Inc.: Complaint

Complaint for non-payment of a promissory note of $700,000 regarding a dispute involving a cryptocurrency group that is domiciled in Bermuda in Gustavo Lopez, individually and on behalf of Uhhlala Holdings LLC v. Uulala Inc., of Delaware, at the Superior Court of the State of California, County of Los Angeles.

Bermuda ICO ‘Advisor’ Dan Sloan pleaded guilty to fraud in Texas in 2010

An "advisor" to the first cryptocurrency firm to be approved for an Initial Coin Offering by the Bermuda government pleaded guilty to a $200,000 fraud in the U.S. eight years ago and is still on probation, OffshoreAlert can reveal. He is Dan Sloan, who is associated with California-based Uulala Ltd.

Uulala Ltd.: Token Sale Website – February 10, 2019

Uulala Ltd. Token Sale Website on February 10, 2019 - four days after OffshoreAlert spoke with Daniel Sloan about his involvement with the firm. The site had been materially changed, with Sloan's name no longer appearing in the public section.