can anyone tell me if this bigvern fellow is still in the united states, and can't leave the country? the last news i know is his house is for sale and the site is down, and no new notifications, so are these guys gone forever or is the case against them in full progress?
i still have 24 btc overthere
thanks for anyone who can help me
24 btc "overthere" eh? well i guess you helped fund Verns retainer. his lawyers accept btc no doubt...
What Lawyers?
ORDER by Clerk of Entry of Default Re:22 Motion for Clerks Entry of Default as to Project Investors, Inc. (Default mailed to Project Investors, Inc.). Signed by DEPUTY CLERK on 3/24/2016. (ar2)
Ah, a "no-show". I suppose that was expected. So where are we now? Does this mean they (Paul & Co.) have additional time to respond to the default? Any time frame specified? ...or did the court go ahead and appoint the receiver?
That's in the next Episode....
What happens after the court appoints a receiver? Do they sell off the assets of cryptsy? What about the assets of project investors?
What assets are you talking about ? you mean the remaining coins that they are holding hostage ?
Assets such as company vehicles, computers, desks, chairs, or whatever the company owns that can be sold off. They also may have a bank account that could be seized because they were still paying a few employees according to Jim Shockney.
Cryptsy may not own any land or buildings, but since Paul Vernon and Project Investors are named in the lawsuit, anything property they own may be subject to seizure as well. I'm just guessing on that though.
I have no doubt that he removed all valuable assets from his companies.They are now just empty shells.He gave all his personal properties to his wife(both houses,SUV,money on US bank accounts,...) so he has no money or properties at all.Now,he has a lot of Bitcoins and some money on Chinese bank accounts.Maybe he left some small amounts of altcoins on Cryptsy accounts,but that is not enough to cover lawyers expenses for people who sued him.If there is no official criminal investigation about him,he will stay free and rich,except there were money from some dangerous criminal gangs on Cryptsy.
It is good that Silver Law expanded lawsuit on his wife,but they have to concentrate on his finances and prove that his income was too low for buying such luxury items for cash.