A New York court restrained Qenta and affiliates from moving EPB assets and from destroying records. The court treated dissipation risk as real—not theoretical.

New York Court Freezes EPB Assets Held by Qenta and Orders Records Preserved

Justice Linda S. Jamieson’s signed order grants an Order to Show Cause with a Temporary Restraining Order against Qenta Inc., Responsible Gold Trading DMCC, and G‑Commerce DMCC. The order is explicit: pending the hearing, respondents are restrained from selling, transferring, encumbering, dissipating, or disposing of EPB assets, and they are prohibited from destroying or altering related documents. The stated basis tracks the dispute’s core: alleged failure to obtain required approvals, retention of assets without legal or equitable title, and the risk that dissipation would render arbitration meaningless. For anyone claiming “nothing improper happened,” courts do not issue TROs to preserve imaginary problems.