Ethereum

Shiba

Billion

<a href="https://www.crunchbase.com/person/steven-nerayoff" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">Steven Nerayoff</a>, a prominent figure associated with the early development of the Ethereum network, has initiated legal action against the U.S. government, alleging false accusations and improper conduct by federal officials spanning from 2019 to 2023.
Known for his controversial claims against Ethereum co-founder Vitalik Buterin, Nerayoff seeks $9.6 billion in damages through a lawsuit under the Federal Tort Claims Act (FTCA) related to an extortion case lodged against him four years prior.
The dispute, which concluded in May 2023 with the dismissal of the charges by the U.S. government, centers on accusations deemed by Nerayoff as unfounded and supported by unethical practices, including harassment and evidence fabrication by government agents.
This misconduct, he claims, not only tarnished his reputation and disrupted his business endeavors but also inflicted personal and financial hardships.
The lawsuit filing emphasized the profound impact on Nerayoff’s life and career, highlighting substantial legal expenses and loss of income due to his ostracization within the cryptocurrency community.
READ MORE: <a href="https://www.cryptointelligence.co.uk/meme-coins-surge-as-market-cap-eyes-100-billion-dogecoin-shiba-inu-and-pepe-lead-the-bullish-charge/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Meme Coins Surge as Market Cap Eyes $100 Billion: Dogecoin, Shiba Inu, and PEPE Lead the Bullish Charge</a>
Eleanor Terrett, a journalist for FOX Business, revealed details of the lawsuit, including Nerayoff’s engagement of renowned attorney Alan Dershowitz as an advisor on the case. Dershowitz remarked on the case’s unique nature.
Nerayoff, a serial entrepreneur and legal professional with several international patents to his name, founded the blockchain consulting firm Alchemist.
His early engagement with projects like Ethereum in 2015 established him as a significant figure in the blockchain sector.
The Federal Bureau of Investigation (FBI) apprehended Nerayoff and Michael Hlady, an associate at Alchemist, in September 2019, accusing them of extortion against a cryptocurrency startup.
This incident is part of a series of controversies and legal challenges Nerayoff has faced, including his criticisms of Ethereum, which ranged from allegations of fraudulent activities and misconduct by its founders to accusations of regulatory favoritism—a controversy known within the community as “ETHGate.”
To submit a <a href="https://www.cryptointelligence.co.uk/category/press-releases/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto press release (PR)</a>, send an email to <a href="mailto:sales@cryptointelligence.co.uk" rel="noopener noreferrer nofollow">sales@cryptointelligence.co.uk</a>.

Blockchain Pioneer Steven Nerayoff Sues U.S. Government for $9.6 Billion Over Alleged False Charges and Mistreatment

Crypto Intelligence

Các bài viết khác được xuất bản trên 12 thg 4, 2024

extra mile and tv asahi group Launch First Blockchain Games Accelerator

Bitcoin BTC’s Path to Recovery: Will the Upcoming Halving Trigger a Rise Above $71,400?

Bitcoin Experts Explain Why You Shouldn’t Be Bearish on BTC Despite the Ongoing FUD

BlackRock Enables USDC Withdrawals For $BUIDL

AI Colliding with Blockchain? Mike Novogratz Supports Reddit Founder's Stunning Prediction

Turn $155 into $25,000: The Low-Cost Crypto Investment Plan

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!