The Luke Belmar lawsuit is a federal case filed in Wyoming on September 11, 2025, by Tan Boon Kiat, also known as Steve Tan, against Belmar (under his legal name Lucas Emanuel Uria Theis), Lara Elyse Uria Theis, and Capital Club LLC. It is pending in the U.S. District Court for the District of Wyoming as case number 2:25-cv-00214, and a seven-day bench trial is scheduled to begin on June 7, 2027.1PACER Monitor. Tan Boon Kiat aka Steve Tan v. Theis et al., Complaint Filing
What the Case Is About
The complaint was filed by attorney Bradley L. Booke on behalf of Steve Tan and names all three defendants together.1PACER Monitor. Tan Boon Kiat aka Steve Tan v. Theis et al., Complaint Filing The dispute appears to arise from the plaintiff’s relationship with the defendants in connection with Capital Club, the invitation-only, membership-based online business network Belmar founded in 2019.2Tuko. Luke Belmar’s Net Worth Revealed: How Rich Is the Crypto Entrepreneur Publicly available docket entries confirm the filing as a complaint against all defendants but do not spell out the specific legal claims, and the precise allegations are not laid out in the available records.
Rulings So Far
On January 6, 2026, Chief District Judge Kelly H. Rankin ruled on the defendants’ motion to dismiss, granting it in part and denying it in part. The same order granted the defendants’ motion to strike certain portions of the complaint.3PACER Monitor. Tan Boon Kiat v. Theis et al., Order on Motion to Dismiss Some of Tan’s claims survived and will move forward; others were thrown out.
On January 20, 2026, the defendants answered the complaint and filed counterclaims against Tan. Those counterclaims did not last long. Judge Rankin granted Tan’s motion to dismiss them on March 30, 2026, eliminating the defendants’ offensive claims.4PACER Monitor. Tan Boon Kiat v. Theis et al., Case Docket The docket does not detail the reasoning behind that dismissal.
Change in Defense Counsel
Shortly after the counterclaims were dismissed, defense attorney Alexander R. Taylor moved to withdraw from representing all three defendants on April 13, 2026. Magistrate Judge Scott P. Klosterman granted the motion the next day. The docket gives no reason for the withdrawal. New defense counsel, Alaina Marie Stedillie, appeared for Capital Club LLC, Lucas Uria Theis, and Lara Uria Theis on April 22, 2026, and the defense filed a Notice of Complexity the following day, signaling that the case involves complicated factual or legal issues.4PACER Monitor. Tan Boon Kiat v. Theis et al., Case Docket
Current Status and Trial Date
An initial pretrial order was entered on April 24, 2026. Discovery closes on March 8, 2027, with motions due by March 22, 2027. A seven-day bench trial before Judge Rankin is set to begin on June 7, 2027, meaning the judge, not a jury, will decide the case.4PACER Monitor. Tan Boon Kiat v. Theis et al., Case Docket
No settlement has been reported. Neither Belmar nor the other defendants have made public statements about the lawsuit that appear in the available record, and no public statements from Tan beyond the court filings have been identified.
Who Luke Belmar Is
Luke Belmar is an Argentine-American entrepreneur and financial content creator born on March 3, 1996, in Buenos Aires. He built an audience online through content about e-commerce, dropshipping, and cryptocurrency investing, and he founded Capital Club in 2019 as a paid, invitation-only network offering business education, mentorship, and networking.2Tuko. Luke Belmar’s Net Worth Revealed: How Rich Is the Crypto Entrepreneur Capital Club is the company Tan sued alongside Belmar and Lara Uria Theis.