Ethereum

<h2 id="key-points">Key Points</h2>
<li>Steven Nerayoff, an early Ethereum adviser, is suing the U.S. government for $9.6 billion over alleged false charges and mistreatment.</li>
<li>The lawsuit claims federal agents knowingly pursued baseless charges, causing significant damage to Nerayoff’s reputation and businesses.</li>
<p>Steven Nerayoff, an early adviser to the <a href="https://crypto.ro/en/cryptocurrencies/ethereum/" rel="noopener noreferrer nofollow">Ethereum</a> network, has launched a legal battle against the U.S. government.</p>
<p>He is seeking $9.6 billion in damages for what he claims were false charges and mistreatment by federal agents between 2019 and 2023.</p>
<p>Nerayoff, who had previously accused Ethereum co-founder Vitalik Buterin of fraud, instigated a Federal Tort Claims Act (FTCA) lawsuit in response to an extortion case brought against him in 2019.</p>
<p>The case persisted for approximately four years before being dismissed by the U.S. government in May 2023.</p>
<h2 id="details-of-the-lawsuit">Details of the Lawsuit</h2>
<p>A recent SF-95 filing, shared by FOX Business journalist Eleanor Terrett, reveals that Nerayoff’s lawsuit against the federal government is based on allegations that its agents knowingly pursued groundless charges against him.</p>
<p>He also claims that some agents used harassment and intimidation tactics, including the fabrication of evidence, to prosecute him for extortion.</p>
<p>Nerayoff’s legal team argues that the damage inflicted on Nerayoff’s reputation and businesses as a result of these actions is significant enough to warrant a lawsuit against the U.S. government.</p>
<p>The filing states: “As a direct and proximate result of the wrongful conduct of federal agents and/or officers, Mr. Nerayoff’s well-being, personal life and career were irreparably harmed. […] He incurred significant legal fees to defend himself while simultaneously losing income as a result of becoming a feared pariah in the crypto community.”</p>
<p>According to Terrett, Nerayoff has engaged the services of renowned lawyer Alan Dershowitz as a consultant on the case, who has described the case as “unusual.”</p>

Ethereum Ex-adviser Initiates $9.6B Legal Battle against US Government

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