Gary Baiton

SEC's Motion for Default Judgment regarding an unregistered offering of cryptocurrencies in U. S. Securities and Exchange Commission v. ICObox, which "is no longer registered as a corporation with the Cayman Islands and its registered agent for service of process has resigned with no replacement", and Nikolay Evdokimov at the U. S. District Court for the Central District Court of California.

Cayman Islands cryptocurrency "incubator" ICOBox and its founder, Nikolay Evdokimov, have been sued by the U.S. SEC for alleged illegal involvement in digital token offerings that raised $665 million. In a separate lawsuit last year, a former CEO of an ICOBox subsidiary claimed the group's "main shareholders" were "all funded by Russian money laundered through bitcoins and other cryptocurrencies".

Complaint in Eugene Morozov and MEM Consulting Inc. v. ICOBox Hub Inc., of Delaware; ICOBox, of the Cayman Islands; Alex Moskovsky, Daria Generalova, Anar Babayev, Nickolay Evdokimov, Michael Raitsin, 1280 Ventures LLC, of Delaware, and GVA Vestor.In Partners Fund LP, of the Cayman Islands, at the U. S. District Court for the Southern District of New York.