William Heyn

New York property developer Kent Swig and firms he controls, including his Dignity Gold group that claims to have billions of dollars of gold backing a scandal-plagued, crypto-based investment scheme that has operated in Canada, Bermuda, and the United States, are being sued for $7.1 million in allegedly outstanding loans.

A judgment for $427,552 has been entered against UAE-domiciled SION Trading and Utah-based Scotia International of Nevada for non-payment of gold and silver that was used for a cryptocurrency scam that began in Canada, moved to Bermuda, and is currently being conducted by firms in Delaware.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Matthew Wright and Christopher Kennedy, as the Foreign Representatives of Arabella Exploration, Inc., at the U. S. Bankruptcy Court for the Northern District of Texas.