Monkey Capital, LLC is purportedly a cryptocurrency company with offices in Singapore.

According to the law firm press release, as the lawsuit alleges, Monkey Capital fraudulently promoted an ICO that violated numerous state and federal securities laws. Almost as quickly as it had gathered millions of dollars in cryptocurrency from solicited pre-ICO investors, Monkey Capital aborted its ICO just days before it was scheduled to commence, deactivated its website, liquidated the investors' funds, and devalued the market of the Coeval cryptocurrency options that Monkey Capital had created and issued to its investors in exchange for their investment funds. The lawsuit pleads that the Court rescind all investments in Monkey Capital; return to all investors their cryptocurrency; require Monkey Capital to account for all funds raised from investors; and adjudicate that Monkey Capital violated multiple securities laws when they promoted and abruptly abandoned the unregistered, pre-functional ICO.

On March 27, 2018, the Court entered a default judgment against the Defendants for failure to appear, answer, or otherwise plead to the Complaint within the time required by law. On August 27, the Court granted final default judgment in favor of the Plaintiffs and awarded them damages.