Starboard Capital SA: Public Warning (Switzerland)
Public Warning by the Swiss Financial Market Supervisory Authority that Starboard Capital SA "is "suspected of conducting unauthorised activities in the financial market".
Mullen Technologies Inc. et al v. GEM Global Yield LLC SCS et al: Complaint (‘Unregistered Securities Dealers’)
Complaint alleging the corporate defendants operates as "unregistered securities dealers" and that their "business model is illegal" in Mullen Technologies Inc. and Mullen Automotive Inc. v. GEM Global Yield LLC SCS, of Luxembourg; GEM Yield Bahamas Limited, of the Bahamas, and Christopher F. Brown at the U.S. District Court for the Southern District of New York.
Bernard Tew et al v. MCML Ltd.: Complaint (‘European Tax Refund Fraud’)
Complaint alleging "a diabolical scheme orchestrated by ED&F to take advantage of the tax-exempt status in foreign countries of pension plans managed by Tew, including Bluegrass, to make fake securities trades, issue fake tax vouchers to a host of European governments, and steal hundreds of millions of dollars in tax refunds, all the while falsely assuring Tew that it was engaged in a legal trading strategy for his benefit, and then pinning the whole thing on Tew as soon as the tax authorities sought to recover their money" in Bernard V. Tew, individually and as Trustee on behalf of Bluegrass Retirement Group Trust, and Bluegrass Retirement Group Trust v. MCML Limited, formerly ED&F Man Capital Markets, Ltd., of London, England, at the U.S. District Court for the Eastern District of Kentucky.
Calenture LLC et al v. Barry Shiff et al: Complaint (‘$226K Short-Swing Profit’)
Complaint "for recovery of short-swing profit" in Calenture LLC and Revive Investing LLC v. Barry Shiff, Aleta Shiff, and Symetryx Corporation, all of Toronto, Canada, as Defendants, and NeuBase Therapeutics Inc., as Nominal Defendant, at the U.S. District Court for the Southern District of New York.
SEC v. Rishi Kapoor et al: Asset Freeze Motion (‘$93M Fraud’)
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.
Vesttoo Alpha P&C Fund, LP: Registration Revocation (Bermuda)
Public Notice by the Bermuda Monetary Authority that it has revoked the registration of Vesttoo Alpha P&C Fund, LP.
USA v. Michael Thompson: Criminal Information (‘Crypto Investment Fraud’)
Criminal Information in USA v. Michael Thompson, a.k.a. VZZNBuilder1, at the U.S. District Court for the District of Massachusetts.
Moset International Company Ltd. v. Qiwi Plc et al: Consolidated Second Amended Class Action Complaint (‘Securities Fraud’)
Consolidated Second Amended Class Action Complaint alleging "a fraudulent scheme and course of conduct that operated as a fraud or deceit on purchasers of Qiwi’s publicly traded securities by disseminating materially false and misleading statements and concealing material adverse facts" in Moset International Company Limited, as Lead Plaintiff v. Qiwi Plc, described as a Cyprus company that "provides online, mobile, and physical payment services to consumers and merchants primarily in Russia, Kazakhstan, Moldova, Belarus, Romania, the United Arab Emirates, and other overseas markets"; Boris Kim, Sergey Solonin, Andrey Protopopov, Alexander Karavaev, Varvara Kiseleva, Vladislav Poshmorga, and Pavel Korzh at the U.S. District Court for the Eastern District of New York.
Another Cayman fund operated by U.S.-based Dennis Klemming goes into liquidation
Another Cayman Islands mutual fund - SPI Investment Fund SPC - affiliated with Miami Beach-based Swedish national Dennis Klemming's Prudent Group has gone into liquidation - 21 months after its independent directors were removed after uncovering evidence of fraud.
Scipion Capital Ltd.: Directors (Cayman Islands)
Director Details for Scipion Capital Ltd., obtained from the Cayman Islands General Registry on December 20th, 2023.
Scipion African Opportunities Fund SPC: ‘Court Supervision’ Petition
Petition for Court Supervision of a Voluntary Liquidation in the matter of Scipion African Opportunities Fund SPC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.
SPI Investment Fund SPC: ‘Court Supervision’ Petition
Petition for Court Supervision of a Voluntary Liquidation in the matter of SPI Investment Fund SPC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.
ECM Straits Fund I, LP et al: Chapter 15 Petition (Cayman Islands)
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Michael Green, Michael Penner, and Matthew Becker, as the Foreign Representatives of ECM Straits Fund I, LP (in Official Liquidation), ECM Straits Fund UGP I, Ltd. (in Official Liquidation, and TransAsia E-Commerce Inc. (in Official Liquidation), filed at the U.S. Bankruptcy Court for the Southern District of New York.
Jasmine Wu v. Farfetch Ltd. et al: Class Action Complaint (‘Securities Fraud’)
Class Action Complaint alleging securities fraud in Jasmine Wu v. Farfetch Limited, described as a publicly-listed Cayman Islands firm based in London, England that "operates a global platform for the luxury fashion industry"; José Neves, Elliot Jordan, and Stephanie Phair at the U.S. District Court for the Southern District of New York.
Frederick Gross et al v. Alan Kikuchi et al: Complaint (‘$600K Breach of Contract’)
Complaint alleging "for monetary damages and declaratory judgment arising from the Defendants’ breach of contract and otherwise wrongful acts and omissions in failing to pay distributions recovered by Defendants in the class action" in Frederick Gross and Michael Zim, described as "former members and seed investors of the Fund Entities" v. Alan Kikuchi, Daniel Krieger, VS Management Partners LLC, VS Capital Partners, LP, VS FX Volatility Fund Ltd., of the Cayman Islands; VS FX Volatility Fund, LP, and VS FX Volatility Master Fund, LP, of the Cayman Islands, at the Supreme Court of the State of New York, County of New York.
SEC v. Dozy Mmobuosi et al: Complaint (‘Securities Fraud’)
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.
Balanced Management LLC v. 777 Partners LLC: Complaint (‘$11.2M Breach of Contract’)
Complaint in Balanced Management LLC v. 777 Partners LLC at the Third Judicial District Court, in and for Salt Lake County, Utah.
Australian Securities & Investments Commission v. Brite Advisors Pty Ltd.: Receivership Order
Receivership Order in Australian Securities & Investments Commission v. Brite Advisors Pty Ltd. at the Federal Court of Australia.
Aurelius Capital Master Ltd. et al v. Argentina: Complaint (‘$5B+ Bonds Default’)
Complaint "for breach of contract to recover amounts due on securities issued by the Republic" by entities in the British Virgin Islands, Cayman Islands, and Delaware in Aurelius Capital Master, Ltd., ACP Master, Ltd., Aurelius Opportunities Fund, LLC, 683 Capital Partners, LP, Adona LLC, Egoz I LLC, Egoz II LLC, Mastergen, LLC, Erythrina, LLC, AP 2016 1, LLC, AP 2014 3A, LLC, AP 2014 2, LLC, WASO Holding Corporation, Two Seas Global (Master) Fund LP, Virtual Emerald International Ltd., and The Bank of New York Mellon, solely in its capacity as Trustee v. The Republic of Argentina at the U.S. District Court for the Southern District of New York.
TGT GP v. TYR Capital Partners SPC Ltd.: Winding Up Petition (‘Swiss Criminal Investigation’)
Winding Up Petition alleging "a serious and demonstrable lack of probity in the conduct of the Fund's affairs" in TGT GP, as General Partner of TGT LP, which are "part of the wider Unifi group of companies" that operates "a digital wealth platform that allows individuals to lend their cryptocurrency assets to Yield App for a fixed interest rate" v. TYR Capital Partners SPC Ltd. at the Grand Court of the Cayman Islands.
Cayman funds headed by U.S.-based Dennis Klemming go into liquidation
Two Cayman Islands investment funds operated by Miami Beach-based Swedish citizen Dennis Klemming - Cayman Investment Funds Master SPC and Cayman Investment Funds SPC - have gone into liquidation after being unable to satisfy investors' redemption requests totaling nearly $50 million.
Damien Pujo v. EHang Holdings Ltd. et al: Class Action Complaint (‘Securities Fraud’)
Class Action Complaint in Damien Pujo v. EHang Holdings Limited, described as a Cayman Islands-domiciled, China-based entity that "describes itself as an "autonomous aerial vehicle technology company""; Huazhi Hu, Conor Chia-Hung Yang, and Richard Jian Liu at the U.S. District Court for the Central District of California.
Safety Shot Inc. v. Capybara Research et al: Complaint (‘Short-Seller Fraud’)
Complaint alleging securities fraud in Safety Shot Inc. v. Capybara Research, described as "a short selling research firm with an unknown principal place of business"; Igor Appelboom, described as a resident of Brazil, and Accretive Capital LLC, d.b.a. Benzinga, at the U.S. District Court for the Southern District of New York.
Bo Run SPC v. China Real Estate Stable Income Fund SP20: Receivership Petition
Petition for the appointment of Receivers in Bo Run SPC v. China Real Estate Stable Income Fund SP20 at the Grand Court of the Cayman Islands.
Bo Run SPC v. China Real Estate Stable Income Fund SP19: Receivership Petition
Petition for the appointment of Receivers in Bo Run SPC v. China Real Estate Stable Income Fund SP19 at the Grand Court of the Cayman Islands.
Bo Run SPC v. China Real Estate Stable Income Fund SP16: Receivership Petition
Petition for the appointment of Receivers in Bo Run SPC v. China Real Estate Stable Income Fund SP16 at the Grand Court of the Cayman Islands.
Bo Run SPC v. China Real Estate Stable Income Fund SP12: Receivership Petition
Petition for the appointment of Receivers in Bo Run SPC v. China Real Estate Stable Income Fund SP12 at the Grand Court of the Cayman Islands.
Bo Run SPC v. China Real Estate Stable Income Fund SP11: Receivership Petition
Petition for the appointment of Receivers in Bo Run SPC v. China Real Estate Stable Income Fund SP11 at the Grand Court of the Cayman Islands.
Bo Run SPC v. China Fixed Income Stable Return Fund SP10: Receivership Petition
Petition for the appointment of Receivers in Bo Run SPC v. China Fixed Income Stable Return Fund SP10 at the Grand Court of the Cayman Islands.
Bo Run SPC v. China Real Estate Stable Income Fund SP8: Receivership Petition
Petition for the appointment of Receivers in Bo Run SPC v. China Real Estate Stable Income Fund SP8 at the Grand Court of the Cayman Islands.
Bo Run SPC v. China Real Estate Stable Income Fund SP4: Receivership Petition
Petition for the appointment of Receivers in Bo Run SPC v. China Real Estate Stable Income Fund SP4 at the Grand Court of the Cayman Islands.
Bo Run SPC v. China Enhanced Income Fund SP2: Receivership Petition
Petition for the appointment of Receivers in Bo Run SPC v. China Enhanced Income Fund SP2 at the Grand Court of the Cayman Islands.
CIMA: Termination of Struck or Dissolved Entities (December 2023)
Public Notice by the Cayman Islands Monetary Authority of the 'Termination of Struck or Dissolved Entities', effective December 11th, 2023.
Alpine Partners (BVI) L.P. et al v. Eric Foss: Discovery Application (Cayman Islands)
Application by Alpine Partners (BVI) L.P. and FourWorld Event Opportunities L.P. to take discovery from Eric Foss for use in "an appraisal proceeding pending before the Grand Court of the Cayman Islands" regarding "the fair value of the shares of the company Diversey Holdings, Ltd.", filed at the U.S. District Court for the Northern District of Texas.
Prime Impact Cayman LLC v. James McLean et al: Complaint (‘SPAC Dispute’)
Writ of Summons and Statement of Claim in Prime Impact Cayman LLC, described as a Special Purpose Acquisition Company v. James McLean and Lara Catherine Druyan, both of California, USA, at the Grand Court of the Cayman Islands.
CE Line One Corporation Ltd. v. Citigroup, Inc.: Discovery Application (England)
Application by CE Line One Corporation Ltd., formerly known as Five Ocean’s Trading Asia Limited, of Hong Kong, to take discovery from Citigroup Inc. and Jonathan C. Goldstein, P.C. for use in "civil and criminal proceedings to be initiated in England and Wales" against "Jeremy Bennett, a British solicitor; 7 Legal and Finance Limited, a British “national business; and Darren Neil Masters, a financial consultant living in Naples, Florida" regarding an alleged $11.3 million investment fraud, filed at the U.S. District Court for the Southern District of New York.
USA v. Steve Bajic: Criminal Information (‘Pump-and-Dump Securities Fraud’)
Criminal Information alleging conspiracy to commit securities fraud involving two unidentified co-conspirators in Vietnam and Switzerland who were described as "co-founders and co-operators of Blacklight S.A.m a purported asset management firm in Switzerland" and entities in Anguilla, Hong Kong, Seychelles and USA, in USA v. Steve M. Bajic, described as a resident of Canada, at the U.S. District Court for the District of Massachusetts.
Edwin Garrison et al v. Wasserman Media Group LLC et al: Class Action Complaint (‘$1B FTX Crypto Fraud’)
Class Action Complaint “for a sum exceeding one billion dollars” for allegedly promoting unregistered securities issued by the FTX crypto group in Edwin Garrison, Brandon Orr, Leandro Cabo, Ryan Henderson, Michael Livieratos, Alexander Chernyavsky, Gregg Podalsky, Vijeth Shetty, Chukwudozie Ezeokoli, Michael Norris, Shengyun Huang, Vitor Vozza, Kyle Rupprecht, Warren Winter, and Sunil Kavuri v. Wasserman Media Group LLC and Dentsu McGarry Bowen LLC at the U.S. District Court for the Southern District of Florida.
Edwin Garrison et al v. Major League Baseball et al: Class Action Complaint (‘$1B FTX Crypto Fraud’)
Class Action Complaint “for a sum exceeding one billion dollars” for allegedly promoting unregistered securities issued by the FTX crypto group in Edwin Garrison, Brandon Orr, Leandro Cabo, Ryan Henderson, Michael Livieratos, Alexander Chernyavsky, Gregg Podalsky, Vijeth Shetty, Chukwudozie Ezeokoli, Michael Norris, Shengyun Huang, Vitor Vozza, Kyle Rupprecht, Warren Winter, and Sunil Kavuri v. Major League Baseball, Major League Baseball Enterprises Inc., Major League Baseball Properties Inc., Major League Baseball Promotion Corporation, and MLB Players Inc. at the U.S. District Court for the Southern District of Florida.
Edwin Garrison et al v. Mercedes-AMG Petronas Formula One Team: Class Action Complaint (‘$1B FTX Crypto Fraud’)
Class Action Complaint "for a sum exceeding one billion dollars" for allegedly promoting unregistered securities issued by the FTX crypto group in Edwin Garrison, Brandon Orr, Leandro Cabo, Ryan Henderson, Michael Livieratos, Alexander Chernyavsky, Gregg Podalsky, Vijeth Shetty, Chukwudozie Ezeokoli, Michael Norris, Shengyun Huang, Victor Vozza, Kyle Rupprecht, Warren Winter, and Sunil Kavuri v. Mercedes-Benz Grand Prix Limited, d.b.a. Mercedes-AMG Petronas Formula One Team, at the U.S. District Court for the Southern District of Florida.
Michael Sizemore et al v. Cristiano Ronaldo: Class Action Complaint (‘$1B Binance Fraud’)
Class Action Complaint "for a sum exceeding one billion dollars" on behalf of "consumers who purchased unregistered securities offered or sold by Binance" that were allegedly promoted by the defendant in Michael Sizemore, Mikey Vongdara, and Gordon Lewis v. Cristiano Ronaldo at the U.S. District Court for the Southern District of Florida.
SEC v. Brite Advisors USA, Inc.: Complaint (‘Fraud’)
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.
Invictus Global Management LLC et al v. Gatewood Capital Partners LLC et al: Complaint (‘Fraud’)
Complaint alleging fraud in Invictus Global Management LLC and Invictus Special Situations I GP LLC in Gatewood Capital Partners LLC , Gatewood Capital GP LLC, Gatewood Capital Opportunity Fund L.P., Gatewood Capital Opportunity Fund (Cayman) L.P., of the Cayman Islands; Gatewood MM LLC, Gatewood Capital Opportunity Aggregator I LLC, Gatewood Securities LLC, Oren Monhite Yahav, Amir Aviv, and Ami Samuels at the Supreme Court of the State of New York, County of New York.
Cayman Investment Funds SPC: ‘Court Supervision’ Petition
Petition for Court Supervision of a Voluntary Liquidation in the matter of Cayman Investment Funds SPC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.
Cayman Investment Funds Master SPC: ‘Court Supervision’ Petition
Petition for Court Supervision of a Voluntary Liquidation in the matter of Cayman Investment Funds Master SPC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.
Euro Hypo GmbH: Public Warning (Switzerland)
Public Warning by the Swiss Financial Market Supervisory Authority that Euro Hypo GmbH is "suspected of conducting unauthorised activities in the financial market".
Woodford Eurasia Assets Ltd. et al v. Lottery.com Inc. et al: Complaint (‘Securities Violations’)
Complaint in Woodford Eurasia Assets Ltd., of England; MC Holdings Group LLC, ALD Holdings Group LLC, and RD Holdings Group LLC v. Lottery.com Inc., Matthew McGahan, Barney Battles, Christopher Gooding, Paul Jordan, and Tamer Hassan at the U.S. District Court for the District of Delaware.
Aquam Funds SPC: Directors (Cayman Islands)
Director Details for Aquam Funds SPC, obtained from the Cayman Islands General Registry on November 16th, 2023.
USA v. Dozy Mmobuosi: Criminal Indictment (‘Securities Fraud’)
Criminal Indictment alleging the defendant "orchestrated a scheme to enrich himself by falsely representing that Nigerian companies he founded, Tingo Mobile and Tingo Foods, were operational, profitable businesses generating hundreds of millions of dollars in revenue" in USA v. Odogwu Banye Mmobuosi, a.k.a. Dozy Mmobuosi, at the U.S. District Court for the Southern District of New York.
USA v. Approximately 110607.71 Tether: Forfeiture Complaint (‘Fraud & Crypto Laundering’)
Forfeiture Complaint regarding the alleged proceeds of fraud involving a crypto trading platform known as XTRA that were seized from an account at Binance in USA v. Approximately 110607.71 Tether at the U.S. District Court for the Northern District of California.