As per a movement looking for a contempt order and sanctions, Debt Field’s house owners look like hiding and making an attempt to promote frozen property.
Debt Field’s house owners are additionally allegedly not cooperating with a court-appointed Non permanent Receiver.
As famous in Non permanent Receiver’s submitting, these are direct violations of a beforehand granted Non permanent Restraining Order.
Debt Field was the buying and selling ruse connected to iX International. In late July the SEC sued each IX International and Debt Field, accusing the businesses of $49 million in securities fraud.
Named Debt Field defendants within the Non permanent Receiver’s movement are
- Jason R. Anderson – co-owner Debt Field
- Jacob S. Anderson – co-owner Debt Field
- Schad E. Brannon – co-owner and President of Debt Field
- Roydon B. Nelson – co-owner, Director and Treasurer of Debt Field
The Non permanent Receiver alleges that, as of September thirteenth, Debt Field’s house owners have refused to “turnover all books and data”.
Between August 7, 2023 and August 29, 2023, counsel for the Receiver made at least eight requests for compliance with the Orders.
Info Debt Field house owners are legally required to show over to the Non permanent Receiver embody “monetary statements, property and liabilities, workers, service suppliers, communications channels, and lists of legislation companies and excellent litigation”.
Different violations of the TRO alleged by the Non permanent Receiver embody not agreeing to take a seat for interviews, in addition to refusing to show over Debt Field vital passwords.
In a separate September thirteenth Standing Report, the Non permanent Receiver moreover famous he had “recognized vital property moved
abroad.”
Of their July twenty sixth Grievance the SEC famous that previous to submitting, iX International and Debt Field executives and promoters initiated plans to flee to Dubai.
With respect to promoting of property, Jason and Jacob Anderson, by their firm Blox, initiated foreclosures proceedings on a frozen property asset on August twenty second.
The iX International TRO freezing the property was granted on July twenty eighth.
The Receiver has tried, unsuccessfully, to find out who’s inflicting Blox to foreclose on, and try to promote, the Property.
The Non permanent Receiver’s movement was filed on August thirteenth. Responses from Debt Field’s co-owners and a call by the court docket stay pending.