In a new chapter of the ETHGate saga, Steven Nerayoff’s attorney, Michael Scotto, said they have ample evidence to back up forthcoming lawsuits against the US Government and additional private actors, as well as whistleblower filings that they intend to release, some of which will implicate major players in Ethereum’s early days.
In an interview with Cryptonews.com, Scotto detailed how they plan to counter the “false narrative” surrounding his client with factual revelations in the lawsuits, which will be filed in New York State and Federal Courts.
Steven Nerayoff, an early Ethereum insider, spent years battling government accusations of extortion before finally getting charges dismissed earlier this year. He is now seeking legal recourse.
BATTLING SYSTEMIC CORRUPTION EVERYWHERE: @SenWarren, I advocate for strong US crypto regulations. PLEASE go after the bad actors in our space. But the DOJ, SEC, & FBI prosecuted me for 3 1/2 years for a crime THEY fabricated. Despite proving this, the sham prosecution continued… https://t.co/HlNE9Tp3dp pic.twitter.com/qQZxzo20ca
— Steven Nerayoff (@StevenNerayoff) November 22, 2023
Scotto asserted that Nerayoff harbors no ill will toward Ethereum itself, which he still wants to see prosper, portraying Nerayoff as pro-crypto and pro-Ethereum philosophically. Nerayoff takes issue with how the project took shape and has objections over particular actions by specific leaders, however, he said.
While the validity of Nerayoff’s claims is still unconfirmed, Scotto said the forthcoming lawsuits will likely include charges of malicious prosecution and breach of contract over hundreds of millions in unpaid deals and that the whistleblower fillings will relate specifically to ETHGate.
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