General Information

On February 23, 2023, the Securities and Exchange Commission (the  “SEC”) filed a Complaint in the United States District Court for the Southern District of Florida (the “Court”) against BKCoin Management LLC and one of its managing  members,  Min  Woo  Kang  (a/k/a  “Kevin  Kang”)  (the “Defendants”)  and  against BKCoin  Capital,  LP,  BK  Offshore  Fund,  Ltd.,  BKCoin  Multi-Strategy  Master  Fund,  Ltd., BKCoin Multi-Strategy Fund, LP, BKCoin Multi-Strategy Fund, Ltd.,  and Bison Digital LLC (the “Relief Defendants”). On February 24, 2023 the Court entered its Order of Appointment (ECF 8) (the “Order of Appointment”),  granting  the  SEC’s  Motion  to  Appoint  Receiver  and  appointing  Michael  I. Goldberg  as  Receiver  over  BKCoin  Management, LLC and the Relief Defendants. The Court also entered its Order  Granting Plaintiff Securities and Exchange Commission’s Ex Parte Emergency Motion for Asset Freeze and Other Relief (ECF No. 9) (the “Freeze Order”).

Key Court Documents and other filings are accessible through this link.

The Receiver will provide pertinent updates on this website as these proceedings progress to ensure interested parties remain well informed.

On January 7, 2025, the Court entered an order granting the Receiver’s Motion Establish and Approve: (1) Procedure to Administer and Determine Claims; (2) Claims Bar Date and Notice Procedures; and (3) Proof of Claim Form. Copies of the Receiver’s Motion and the Court’s Order granting the Receiver’s Motion can be found here. Additional information regarding the claims process is available here.

If you have questions, please review the Frequently Asked Questions that are available here.

If you have any other questions that are not addressed on this website, information about contacting the Receiver is available here.