Regulatory

SHOWING:

151 to 200 of 2579 results
  

Sort By:

Search

Filter By:

Topics

show more show less

Jurisdictions

show more show less

Allegations

show more show less

Events

show more show less

SEC v. Sam Lee et al: Complaint (‘$1.7B HyperFund Crypto Fraud’)

January 29, 2024
Complaint alleging "a global, crypto asset-related, multi-level marketing pyramid and Ponzi scheme that raised over $1.7 billion from victims worldwide, including millions from U.S. investors" in U.S. Securities and Exchange Commission v. Xue Samuel Lee, a.k.a. Sam Lee, described as a citizen of Australia residing in Dubai, United Arab Emirates, and Brenda Indah Chunga, a.k.a. Bitcoin Beautee, at the U.S. District Court for the District of Maryland.

Screems AG: Public Warning (Switzerland)

January 23, 2024
Public Warning by the Swiss Financial Market Supervisory Authority that Screems AG, now known as XYZAP AG, “is “suspected of conducting unauthorised activities in the financial market”.

SEC v. Michael Caridi: Amended Complaint (‘Fraud’)

January 22, 2024
Amended Complaint alleging "a fraudulent scheme by Caridi, the former chairman and chief executive of Tree of Knowledge International, Inc." in U.S. Securities and Exchange Commission v. Michael Caridi at the U.S. District Court for the District of Connecticut.

CFTC v. Debiex et al: Complaint (‘Pig Butchering Fraud’)

January 17, 2024
Complaint alleging fraud in Commodity Futures Trading Commission v. Debiex, as Defendant, and Zhāng Chéng Yáng, described as "a Chinese ntional", as Relief Defendant, at the U.S. District Court for the District of Arizona.

HTI Financial Solutions Ltd. v. Manhattan SMI KG Properties Finance Ltd. et al: Complaint (‘$344M Breach of Contract’)

January 11, 2024
Complaint in HTI Financial Solutions Limited, described as a "Hong Kong based investment manager" v. Manhattan SMI KG Properties Finance Limited, described as a British Virgin Islands-domiciled company based in New York, USA; SMI USA Group LLC, formerly known as Shanghai Municipal Investment Group USA LLC; SMI 520 Fifth Ave LLC, 520 Fifth Owner LLC, and KG Fifth Ave Investment LLC, all of Delaware, USA, at the U.S. District Court for the Southern District of New York.

SEC v. Shanchun Huang: Complaint (‘Securities Fraud’)

January 11, 2024
Complaint alleging "the Chief Executive Officer (“CEO”) of Future FinTech Group Inc. (“Future FinTech”), a Nasdaq-listed corporation, manipulated the stock price of Future FinTech by buying hundreds of thousands of Future FinTech shares to artificially increase the company’s stock price shortly before and after he became CEO in March 2020" in U.S. Securities and Exchange Commission v. Shanchun Huang, described as a resident of London, England, at the U.S. District Court for the Southern District of New York.

UW Global Inc.: Notification (Labuan)

January 8, 2024
Public Notice by the Labuan Financial Services Authority regarding regulatory action against UW Global Inc., which is "restricted from undertaking any new business" and required "to take immediate action to honour and pay all overdue payments to its existing clients".

QuickBit Ltd.: License Revocation (Gibraltar)

January 3, 2024
Public Statement by the Gibraltar Financial Services Commission that it has cancelled the registration of QuickBit Limited, which had been licensed as "a Virtual Asset Arrangement Provider", for regulatory breaches.

SEC v. Terraform Labs Pte. Ltd. et al: Opinion and Order (‘$40B Crypto Fraud & Unregistered Securities’)

December 28, 2023
Opinion and Order granting, inter alia, SEC's motion for summary judgment "involving defendants’ unregistered offers and sales of LUNA and MIR in violation of Sections 5(a) and (5c) of the Securities Act" in U.S. Securities and Exchange Commission v. Terraform Labs Pte Ltd., of Singapore, and Do Hyeong Kwon, described in the complaint as a resident of South Korea and Singapore, at the U.S. District Court for the Southern District of New York.

SEC v. Rishi Kapoor et al: Asset Freeze Motion (‘$93M Fraud’)

December 27, 2023
SEC's Emergency Ex Parte Motion for Asset Freeze in U.S. Securities and Exchange Commission v. Rishi Kapoor, Location Ventures LLC, Urbin LLC, Patriots United LLC, Location Properties LLC, Location Properties LLC, Location Development LLC, Location Capital LLC, Location Ventures Resources LLC, Location Equity Holdings LLC, Location GP Sponsor LLC, 515 Valencia Sponsor LLC, LV Montana Sponsor LLC, Urbin Founders Group LLC, Urbin CG Sponsor LLC, 515 Valencia Partners LLC, LV Montana Phase I LLC, Stewart Grove 1 LLC, Stewart Grove 2 LLC, Location Zamora Parent LLC, Urbin Coral Gables Partners LLC, Urbin Coconut Grove Partners LLC, Urbin Miami Beach Partners LLC, and Urbin Miami Beach II Phase 1 LLC at the U.S. District Court for the Southern District of Florida.

Brooge Energy Ltd. et al: $5.2M Fines & Prohibitions (USA)

December 22, 2023
Administrative Order by the U.S. Securities and Exchange Commission imposing fines of $5 million, $100,000, and $100,000, respectively, on Brooge Energy Limited, formerly Brooge Holdings Limited, described as a Cayman Islands-domiciled, United Arab Emirates-based company; Nicolaas Lammert Paardenkooper, described as a citizen of the Netherlands, and Lina Saheb, described as a citizen of Iraq, and industry prohibitions on Paardenkooper and Saheb regarding "an accounting and offering fraud".

Andrew Hicks: Disqualification (Jersey)

December 22, 2023
Public Statement by the Jersey Financial Services Commission that it has issued an industry ban against Andrew Mark Hicks for his conduct regarding "Lutea Holdings Limited and Lutea Trustees Limited", described as "a Jersey-regulated trust company business" of which he was "a long-standing principal person".

Nicola Hodge: Disqualification (Jersey)

December 22, 2023
Public Statement by the Jersey Financial Services Commission that it has issued an industry ban against Nicola Marguerite Hodge for her conduct regarding "Lutea Holdings Limited and Lutea Trustees Limited", described as "a Jersey-regulated trust company business" of which she was "a long-standing principal person".

GBG Insurance Ltd.: Notice of Failure (Guernsey)

December 22, 2023
Public Notice by the Guernsey Financial Services Commission that GBG Insurance Limited has gone into administration, nine months after its directors informed the FSC that "they had discovered that assets shown in the accounts representing many millions of pounds did not actually exist".

SEC v. Dozy Mmobuosi et al: Complaint (‘Securities Fraud’)

December 18, 2023
Complaint "halt an ongoing fraud carried out by three related companies" in U.S. Securities and Exchange Commission v. Mmobuosi Odogwu Banye, a.k.a. Dozy Mmobuosi, described as a resident of London, England; Tingo Group Inc., described as a Delaware company based in New Jersey; Agri-Fintech Holdings Inc., f.k.a. Tingo Inc., described as a Nevada company based in Utah, and Tingo International Holdings Inc., described as a Delaware company based in Stamford, Connecticut, at the U.S. District Court for the Southern District of New York.

Video: Are Sanctioned Russians Gaming the System?

December 15, 2023
This video explores whether sanctioned Russians are finding ways to game the system. "Are Sanctioned Russians Gaming the System?", © 2023 OffshoreAlert. Recorded on December 4, 2023, at OffshoreAlert London. To learn more about future events, click here.

Suo Tempore AG: Public Warning (Switzerland)

December 1, 2023
Public Warning by the Swiss Financial Market Supervisory Authority that Suo Tempore AG "is "suspected of conducting unauthorised activities in the financial market".
OffshoreAlert London

OffshoreAlert London – Our Best-Ever Agenda

November 26, 2023
Truth and reality will be on display at next week’s OffshoreAlert London conference. Some will like it, some will not, but both will benefit from hearing it. Our eclectic and […]

SEC v. Brite Advisors USA, Inc.: Complaint (‘Fraud’)

November 21, 2023
Complaint alleging the defendant "has failed and continues to fail to comply with the Commission’s "Custody Rule", which, to ensure the safety of client assets, requires an annual report from an independent public accountant of Brite Australia’s internal controls" in U.S. Securities and Exchange Commission v. Brite Advisors USA, Inc. at the U.S. District Court for the Southern District of New York.

Visamar Group GmbH: Public Warning (Switzerland)

November 21, 2023
Public Warning by the Swiss Financial Market Supervisory Authority that Visamar Group GmbH (in Liquidation) is "suspected of conducting unauthorised activities in the financial market".

SEC v. Kraken: Complaint (‘Unregistered Crypto Exchange’)

November 20, 2023
Complaint alleging the defendants operated - in the form of a crypto platform - as a securities exchange, broker/dealer, and clearing agency without being registered in U.S. Securities and Exchange Commission v. Payward Inc. and Payward Ventures Inc., collectively doing business as Kraken, at the U.S. District Court for the Northern District of California.

Euro Hypo GmbH: Public Warning (Switzerland)

November 17, 2023
Public Warning by the Swiss Financial Market Supervisory Authority that Euro Hypo GmbH is "suspected of conducting unauthorised activities in the financial market".

SEC v. John Hughes: Complaint (‘Investment Adviser Fraud’)

November 2, 2023
Complaint alleging "a multi-year investment adviser fraud orchestrated by Hughes, Individual 1, Prophecy Asset Management LP, and Individual 2" involving entities in the British Virgin Islands, Cayman Islands, and Delaware in U.S. Securities and Exchange Commission v. John Hughes at the U.S. District Court for the District of New Jersey.

SEC v. SafeMoon LLC et al: Complaint (‘Crypto Securities Fraud’)

November 1, 2023
Complaint alleging the defendants "perpetrated a massive fraudulent scheme that generated millions through the unregistered offer and sale of a crypto asset security called the SafeMoon Token" in U.S. Securities and Exchange Commission v. SafeMoon LLC, SafeMoon US LLC, Kyle Nagy, Braden John Karony, and Thomas Glenn Smith at the U.S. District Court for the Eastern District of New York.