Securities and Exchange Commission v. Krishnan, et al.

GENERAL INFORMATION

On October 23, 2023, the Securities and Exchange Commission filed a Complaint in the United States District Court for the Eastern District of Texas (the “Court”) against Gopala Krishnan, Manivannan Shanmugam, Sakthivel Palani Gounder, Nanban Ventures LLC, GSM Eternal LLC (A/K/A Northstars Fintech), Himalayan Fintech LLC, and Centum Fintech LLC (A/K/A Sunshines Fintech) (collectively, the “Receivership Entities”). The Court entered, among other orders, an Order Granting Plaintiff Securities and Exchange Commission’s Motion for Appointment of Receiver on March 7, 2024, (the “Receivership Order”).

The Court has appointed Anthony Box of Gray Reed as the receiver (the “Receiver”) in this matter over the Receivership Entities (as defined in the Receivership Order).

Key Court Documents and other filings are accessible by clicking here.

Inquiries as to the status of the Receivership Entities should be made at this website, as it will be the Receiver’s primary form of communication to the various investors and creditors of the Receivership Entities, other interested persons, and the general public. The Receiver will provide pertinent updates on this website as these proceedings progress to ensure interested parties remain well informed.

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.