Rod Jao

Complaint in Brian Kang, individually and on behalf of SkyBlock LLC and Mid-Wilshire Consulting LLC; Prasad Hurra, David Kim, individually and on behalf of Blue Block Group; Artemo Verduzco, David Kwon, and Young Jae Kwon v. Hybrid Trade Limited, Asia Digital Asset Exchange, Allysian Sciences, Apolo Ohno, Rod Jao, and Eugenio Pugliese at the Superior Court of the State of California, County of Los Angeles.

Retired Olympic speed skating champion Apolo Ohno and companies operating from Cyprus, Hong Kong, Malta, and Singapore that he allegedly founded are being sued in California for an alleged $50 million crypto fraud.

Complaint alleging theft, misappropriation, and securities fraud regarding the raising of $50 million "from investors based around the world, including within the United States" from the sale of "digital tokens" that were "neither registered with the United States Securities and Exchange Commission nor qualified for any exemption from registration with the SEC, thereby depriving investors of the benefit of the disclosures required by the federal securities laws" in Brian Kang, Skyblock LLC, Mid-Wilshire Consulting LLC, Prasad Hurra, David Kim, Blue Rock Group, Artemio Verduzo, David Kwon, and Young Jae Kwon v. Hybrid Trade Limited, described as operating from addresses in Hong Kong, Malta, and Singapore; Asia Digital Asset Exchange, described as operating from an address in Cyprus; Allysian Sciences, Apolo Ohno, a former Olympic speed skating champion; Rod Jao, Eugenio Pugliese, and Henry Liu at the U. S. District Court for the Central District of California.