New York Supreme Court Awards $13.8 Million to Bitcoin FraudVictims

The State of New York Supreme Court has awarded more than $13.8 million to a Trust whose beneficiaries are Bitcoin fraud victims. The Defendant is The Bitcoin Voluntary Associations, which according to the Plaintiff Crypto Currency Resolution Trust’s legal counsel, Dr. Jonathan Levy, is the same as the crypto enterprise “Bitcoin.”

The Trust beneficiaries are a half dozen fraud victims who assigned their losses to the Trust. The largest claim involves a hacked Bitcoin wallet that contained almost a 1000 Bitcoins…

…According to Christopher Earl Strunk, one of the Trustees, the next step will be to enforce the judgment on the Bitcoin nodes some of which are crypto currency exchanges and well known financial institutions based in New York: “The Trust intends to enforce this judgment and any others we may obtain on behalf of crypto currency victims.”

New York Supreme Court Awards $13.8 Million to Bitcoin Fraud Victims


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