Ethereum

<img width="1280" height="720" src="https://coingape.com/wp-content/uploads/2024/03/ethereum.png" class="attachment-full size-full wp-post-image" alt="Breaking: Ex-Ethereum Adviser Sues US Govt For $9.6B Over Personal Damages" decoding="async" style="float:right; margin:0 0 10px 10px;" srcset="https://coingape.com/wp-content/uploads/2024/03/ethereum.png 1280w, https://coingape.com/wp-content/uploads/2024/03/ethereum-300x169.png 300w, https://coingape.com/wp-content/uploads/2024/03/ethereum-1224x689.png 1224w, https://coingape.com/wp-content/uploads/2024/03/ethereum-768x432.png 768w, https://coingape.com/wp-content/uploads/2024/03/ethereum-678x381.png 678w, https://coingape.com/wp-content/uploads/2024/03/ethereum-150x84.png 150w" sizes="(max-width: 1280px) 100vw, 1280px">
<p>Former Ethereum adviser Steven Nerayoff has filed a lawsuit against the US government citing personal damages. According to Fox journalist&nbsp; Eleanor Terrett, Nerayoff is seeking around $9.6 billion alleging that the government made false accusations against him.</p> 
<h2 id="former-ethereum-adviser-seeks-9-6-bln-in-personal-damages">Former Ethereum Adviser Seeks $9.6 Bln in Personal Damages</h2> 
<p><a href="https://coingape.com/ex-ethereum-advisor-applauds-xrp-community-amid-eth-gate-news/" target="_blank" rel="noopener">Steven Nerayoff,</a>&nbsp; a former Ethereum adviser, and his legal team’s claims against the U.S. government for $9.6 billion in personal damages with allegations claiming that Nerayoff was mistreated by federal investigators between 2019 and 2023 and that false allegations were made against him.</p> 
<p>Nerayoff has also cited that some of the government agents intentionally fabricated evidence to prosecute him for extortion, even though they knew the charges against him were unfounded, according to the <a rel="nofollow" href="https://www.dropbox.com/scl/fi/qpiwtd0fv1rfjfcwlus7j/FTCA_Redacted.pdf?rlkey=i6pfvldndm5qjtr46gijdxojb&amp;dl=0" target="_blank">SF-95 filing</a>.</p> 
<p><strong>Read Also: <a href="https://coingape.com/shibarium-daily-transactions-rockets-1000-today-sparking-buzz/" target="_blank" rel="noopener">Shibarium Daily Transactions Rockets 1000% Today Sparking Buzz</a></strong></p> 
<h2 id="nerayoff-s-tussle-with-government">Nerayoff’s Tussle with Government</h2> 
<p>Terrett also highlights that though Nerayoff’s federal charge was dismissed with “prejudice”, his legal team feels that there was sufficient harm done to his enterprises and reputation to warrant pursuing the claim. This makes the former Ethereum adviser’s case strong enough against the government.</p> 
<h2 id="nerayoff-s-continuous-court-battles">Nerayoff’s Continuous Court Battles</h2> 
<p>Despite playing an essential role in setting up the pace in Ethereum’s early days, Nerayoff has been in constant set of court cases with regulators and Ethereum leadership alike. Some of these infamous tussles include charges against Jay Clayton and Gary Gensler, members of the U.S. Securities and Exchange Commission (SEC), and prominent Ethereum personalities like Buterin.</p> 
<p>Nerayoff has before stated that he was the target of a planned and orchestrated character assassination attempt by <a href="https://coingape.com/vitalik-buterin-etheruem-ico-steven-nerayoff/" target="_blank" rel="noopener">Ethereum founder Vitalik Buterin</a> and his father, Dmitry Buterin. He was eventually exonerated of all extortion accusations, nevertheless. Nerayoff had also caused a stir in the industry by asserting that regulators gave Ethereum special treatment, calling the phenomenon as&nbsp; “ETHGate.”</p> 
<p><strong>Read Also: <a href="https://coingape.com/bitcoin-layer-2-platform-mezo-raises-21m-from-pantera-capital-others/" target="_blank" rel="noopener">Bitcoin Layer 2 Platform Mezo Raises $21M From Pantera Capital &amp; Others</a></strong></p> 
<p>The post <a href="https://coingape.com/breaking-ex-ethereum-adviser-sues-us-govt-for-9-6b-over-personal-damages/">Breaking: Ex-Ethereum Adviser Sues US Govt For $9.6B Over Personal Damages</a> appeared first on <a href="https://coingape.com">CoinGape</a>.</p>

Breaking: Ex-Ethereum Adviser Sues US Govt For $9.6B Over Personal Damages

Table of Contents

Coingape News Media

Other articles published on Apr 9, 2024

Ethena’s ENA price skyrockets 18% as whales increase staking

7 New Binance Listings to Watch This April

Top 5 Solana Meme Coins to Buy in April 2024 for Potential 100x Gains

Could Hump (HUMP) Be the Next 100x Gem? Analysts Weigh in on the Solana Meme Coin That Has Pumped...

Funding rates remain high on BTC amid market dip, while $RBLZ could be primed for big gains

Glassnode Publishes Bitcoin Report After the Decline: They Point to the Fall of Critical Data

Join our free newsletter for daily crypto updates!