| Bitcoin
Ventures 2020 Sued Stojanovich But No Show
On April 11 So $1000 a Day Contempt
By Matthew
Russell Lee, Patreon Maxwell
Book
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
March 26 –
Bitcoin Ventures 2020 and
others sued Chet Stojanovich
for scamming them out of
hundreds of thousands of
dollars for cryptocurrency
mining equipment. Now
Stojanovich disappeared
mid-deposition and the
plaintiffs want criminal
contempt.
On March 25, U.S. District
Court for the Southern
District of New York Judge
Lewis J. Liman held a
proceeding. Inner City Press
covered it.
Plaintiffs' counsel described
a deposition and Stojanovich
stepping out to his rental car
to get documents but never
coming back. They said he
should be arrested by the
Marshals.
Judge
Liman pointed out that a
hearing was necessary, and
convened one for April 11 at
10 am.
He asked if
Stojanovich understood the
risk of criminal contempt
(Stojanovich appeared by
phone, citing weak 3G service,
strange for a crypto miner).
On April 11,
Inner City Press went to Judge
Liman's courtroom - but Stojanovich
did not,
instead
calling in and
speaking at
length over a
speaker phone
about his
allergies and
the brand of
his cell
phone.
Judge Liman,
fresh off the
US v. Larry
Ray trial,
ordered Stojanovich
to pay $1000 a
day to the
Clerk of Court
for contempt,
to provide all
requested
information
and to appear
on May 3 at 3
pm. Criminal
contempt and
arrested by
Marshals
(although no
street address
is given) are
in the air.
Stojanovich asked
how to email in the material
he says he had provided to the
plaintiffs. Judge Liman said
his chambers does not accept
anything by email except in an
emergency - including, it
appears, press challenges to
parties' unilateral demands to
seal their filings. There is a
proposed bill pending in
Congress that would make
sealing more difficult, and
make it easier for the press
and public to challenge
sealing. We'll have more on
all this.
The case is
Holmes et al v. Chet Mining
Co, LLC et al., 20-cv-4448
(Liman)
***
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