COMMODITY FUTURES TRADING COMMISSION
-v.-
TRADERS DOMAIN FX LTD. d/b/a THE TRADERS DOMAIN; FREDIRICK TEDDY JOSEPH SAFRANKO a/k/a TED SAFRANKO; DAVID WILLIAM NEGUS-ROMVARI; ARES GLOBAL LTD. d/b/a TRUBLUEFX; ALGO CAPITAL LLC; ALGO FX CAPITAL ADVISOR LLC n/k/a QUANT5 ADVISOR, LLC; ROBERT COLLAZO, JR.; JUAN HERMAN a/k/a JJ HERMAN; JOHN FORTINI; STEVEN LIKOS; MICHAEL SHANNON SIMS; HOLTON BUGGS, JR; CENTURION CAPITAL GROUP INC.; ALEJANDRO SANTIESTABAN a/k/a ALEX SANTI; GABRIEL BELTRAN; and ARCHIE RICE,
CASE NO. 1:24-cv-23745-ALTMAN
On September 30, 2024, in the United States District Court for the Southern District of Florida, the Commodity Futures Trading Commission filed a Complaint for Injunctive Relief, Civil Monetary Penalties, Restitution, and Other Equitable Relief. Relevant filings and orders in this matter are available below.
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NOTICE TO DEFENDANTS |
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If you fail to respond to this complaint, judgment by default will be entered against you for the relief demanded in the complaint.
To prevent this from happening you must file a response with the court clerk or administrator within 21 days of the date this message was posted. Your response must be in proper form and include proof of service on lead counsel for the Plaintiff, whose contact information is provided below:
Alison B. Wilson Commodity Futures Trading Commission 1155 21st Street, N.W. Washington, D.C. 20581 Tel: (202) 418-5000 |
9/30/2024 – Complaint for Injunctive Relief, Civil Monetary Penalties, Restitution and Other Equitable Relief [ECF No. 1]
9/30/2024 – Motion to Seal New Civil Action [ECF No. 3]
9/30/2024 – Expedited Ex Parte Motion for Statutory Restraining Order, Appointment of Temporary Receiver, and Other Equitable Relief and Memorandum of Points and Authorities in Support Thereof (“SRO”) [ECF No. 5]
9/30/2024 – Summons Issued [ECF No. 6]
10/1/2024 – Order granting ECF No. 3, Motion to Seal [ECF No. 7]
10/1/2024 – Order in Cases with Multiple Defendants [ECF No. 8]
10/02/2024 – Sealed Minute Order granting ECF No. 5, Plaintiff’s Expedited Motion for an Ex Parte SRO [ECF No. 9]
10/02/2024 – Order granting ECF No. 5, Plaintiff’s Expedited Motion for an Ex Parte SRO [ECF No. 10]
10/11/2024 – Motion to Unseal Docket and Case File [ECF No. 11]
10/11/2024 – Order Granting ECF No. 11, Motion to Unseal Case [ECF No. 12]
10/24/2024 – Unopposed Motion to Continue the October 29, 2024 Show Cause Hearing [ECF No. 35]
10/24/2024 – PAPERLESS ORDER granting ECF No. 35 Unopposed Motion to Continue Show Cause Hearing. The Preliminary Injunction and Show Cause hearing set for October 29, 2024, shall be reset for November 12, 2024, at 2:00 p.m. Since our Order granting the Plaintiff's ex parte Statutory Restraining Order [ECF No. 10] is set to expire on October 29, 2024, we'll sua sponte extend the effectiveness of that Order until November 12, 2024. Signed by Judge Roy K. Altman on 10/24/2024. (cps) (Entered: 10/24/2024) [ECF No. 36]
11/06/2024 - Motion to Continue the November 12, 2024 Show Cause Hearing and Extension of Statutory Restraining Order [ECF no. 57]
11/07/2024 - PAPERLESS ORDER granting 57 Motion to Continue November 12, 2024 Show Cause Hearing. The Preliminary Injunction and Show Cause hearing set for November 12, 2024, shall be reset for December 10, 2024, at 2:00 p.m. The Court will extend our ex parte Statutory Restraining Order [ECF No. 10] until December 10, 2024. Signed by Judge Roy K. Altman on 11/7/2024. [ECF. No. 59]
11/18/2024 – Plaintiff’s MOTION for Order Authorizing Alternate Service of Process Pursuant to Federal Rule of Civil Procedure 4(F)(3) and Memorandum of Law In Support Thereof by Commodity Futures Trading Commission and Declaration of Michelle Bougas in Support of Plaintiff’s Ex Parte Motion for Order Authorizing Alternate Service. [ECF No. 70 and ECF No. 70-1].
11/22/2024 - Unopposed MOTION to Continue Show Cause Hearing Scheduled for December 10 2024 by Robert Collazo, Jr. [ECF No. 75]
11/25/2024 – Order Authorizing Alternate Service of Process: Granting 70 Ex Parte Motion for an Order Authorizing Alternate Service of Process Pursuant to Rule 4(f)(3) of the Federal Rules of Civil Procedure. Signed by Judge Roy K. Altman on 11/25/2024. [ECF No. 77]
11/15/2024 - PAPERLESS ORDER granting 75 Unopposed Motion to Continue the Show Cause Hearing. The Preliminary Injunction and Show Cause hearing set for December 10, 2024, shall be reset for January 6, 2025, at 2:00 p.m. We find good cause to extend our ex parte Statutory Restraining Order [ECF No. 10 ] until January 6, 2025, as the parties have various conflicts throughout the month of December and all (but one) of the parties consent to the SRO's extension. We acknowledge that Defendant Holton Biggs' does object. See Motion at 2 ("[Biggs] opposes the extension of any further ex parte relief."). But Defendant Biggs has a pending motion to dismiss where he asks us to stay our statutory restraining order as soon as possible. See Motion to Dismiss [ECF No. 76] at 34 ("Defendant Buggs' motion to stay requires emergency consideration because of the irreparable harm that he is now suffering due to the receivership and the SRO, and because his businesses unrelated to TD are at increasing risk of financial distress and collapse with each passing day that the receivership and SRO are in effect. For these reasons, Defendant Buggs requests a ruling on his motion to stay as soon as possible."). We'll address Biggs's request for a stay once the Plaintiff has filed its response. In the meantime, however, we'll extend the SRO over Defendant Biggs's objection. Signed by Judge Roy K. Altman on 11/25/2024. [ECF No. 78].
Updated December 6, 2024