FTX Trading Ltd. et al v. Genesis Block Ltd. et al: Complaint (‘$100M Transfers & $120M Disallowance’)

Complaint to void transfers totaling “nearly $100 million” and disallow “more than $120 million” of filed claims, “the bulk of which represents fraudulent customer claims attributable to funds belonging to the Debtors”, in FTX Trading Ltd., of Antigua and Barbuda; Alameda Research Ltd., of the British Virgin Islands; North Dimension Inc., of Delaware, USA, and Maclaurin Investments Ltd., formerly Alameda Ventures Ltd., of Seychelles v. Genesis Block Ltd., of Hong Kong; Bluebird Capital Ltd., of the British Virgin Islands; Key Solution Development Ltd., of the British Virgin Islands; Merchant Oasis Ltd., of the British Virgin Islands; Clement Ip, Hung Ka Ho, a.k.a. Wincent Hung; Tin Ka Yu, a.k.a. Nicole Tin; Charles Yang, Myth Success Ltd., of the British Virgin Islands; GB Holdings, Ltd., of the Cayman Islands; GBV Capital, Inc., of the Cayman Islands; Nai Him Leslie Tam, Able Rise Corporate Development Ltd., GBV Technologies Ltd., and D21 Solutions Ltd. at the U.S. Bankruptcy Court for the District of Delaware.


  • 64
    November 04, 2024
    Genesis Block Ltd., Bluebird Capital Ltd., Key Solution Development Ltd., Merchant Oasis Ltd., Clement Ip, Hung Ka Ho, Tin Ka Yu, Charles Yang, Myth Success Ltd., GB Holdings, Ltd., GBV Capital, Inc., Nai Him Leslie Tam, Able Rise Corporate Development Ltd., GBV Technologies Ltd., D21 Solutions Ltd.
    FTX Trading Ltd., Alameda Research Ltd., North Dimension Inc., Maclaurin Investments Ltd.
    Xx Xx Xx
    Fraud
    Landis Rath & Cobb, Matthew McGuire, Sullivan & Cromwell