Bitcoin Latinum (LTNM) / Donald Basile

2019-01-01

Donald Basile founds Monsoon Blockchain Corporation.

2020-01-01

Bitcoin Latinum (LTNM) project launched by Basile through GIBF GP, Inc. and Monsoon Blockchain.

2021-03-01

Basile begins selling SAFTs to investors, raising approximately $16 million through December 2021, according to the SEC complaint.

2021-06-01

Basile allegedly holds a fundraising meeting with investor Arshad Assofi and makes multiple false representations including Star Trek investment claim, Dubai ATM investor claim, and assertion that LTNM is insured by Marshall McKellan.

2021-10-01

Phil Hellmuth begins appearing as paid endorser of Bitcoin Latinum, wearing LTNM-branded cap at WSOP events.

2021-12-19

LTNM pre-sale token reaches all-time high of approximately $9,335.81.

2021-12-01

GENESIS crypto gala held in Miami during Art Basel, sponsored by Bitcoin Latinum, featuring Phil Hellmuth and live performances by Quavo and Tory Lanez.

2022-02-01

Raymond Jonna, Simon Jonna, and Farid Jamardov file civil lawsuit (Case 2:22-CV-10208) in Eastern District of Michigan alleging securities fraud, wire fraud, and fraudulent conversion against Bitcoin Latinum and Kevin Jonna over approximately $540,000 in losses.

2022-02-05

Forbes journalist Cyrus Farivar publishes article headlined 'A Cryptocurrency Named After The Fictional Money In Star Trek Is Worthless And A Scam, New Lawsuit Alleges.'

2022-11-14

Investor Arshad Assofi files civil lawsuit in Central District of California alleging fraud on $15,555,329 in investment payments to Basile and GIBF GP, Inc.

2023-01-16

LTNM token reaches all-time low of approximately $0.0174, down over 99.99% from December 2021 peak.

2024-02-07

Bitcoin Latinum files defamation lawsuit in Delaware against journalist Cyrus Farivar over his 2022 Forbes article; legal observers characterize it as a SLAPP suit filed past the statute of limitations.

2024-06-01

U.S. District Judge Laurie J. Michelson denies Bitcoin Latinum's motion to compel arbitration in the Jonna et al. case, finding the company waived arbitration rights through two years of active litigation.

2025-05-14

U.S. Court of Appeals for the Sixth Circuit affirms denial of Bitcoin Latinum's arbitration bid in Jonna et al. v. GIBF GP, Inc. (Case No. 24-1537), finding plaintiffs were never aware of or consented to the arbitration clause.

2026-04-17

SEC files complaint against Donald G. Basile, GIBF GP, Inc., and Monsoon Blockchain Corporation in the Eastern District of New York alleging $16 million investor fraud through false SAFT offerings, fabricated insurance claims, and misappropriation of funds for personal use including real estate, credit card payments, and a $160,000 horse.