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My case against Terrahash was heard in court this past Monday. Terrahash failed to show up after being properly served. The judge asked to see my receipt and asked some questions before awarding me a judgement for $10,000 plus court costs. The fact that my receipt was denominated in Bitcoin was a non-issue.
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Very happy to hear that. Congratulations. I look forward to seeing the bastard(s) go down.
Thank you very much. Justice is going to catch up with Tarandeep Gill.
You will probably see no single penny/bitcent
Nope. One way or another I am going to monetize the judgement. Worse case is I write off the judgement as un-collectable debt on my tax return and use the loss as an offset. The judgement is sufficient documentation in case the IRS decides to challenge the write off.
That is an excellent point. So it means that, depending on your tax bracket, you could get some benefit out of it.
It depends on which form you use to file your taxes but not your tax bracket. I always file using form 1040 (the long form), so yes, I will realize some benefit.
You will probably see no single penny/bitcent
One way or another I'm going to monetize the judgement, but not for pennies or bitcents, for dollar$. Worse case; I'll write off the $10,000 as un-collectable debt on my tax return and use it as an offset. If the IRS decides to challenge the write off the Court's judgement is sufficient documentation to support the claim.
You will probably see no single penny/bitcent
Nope. One way or another I am going to monetize the judgement. Worse case is I write off the judgement as un-collectable debt on my tax return and use the loss as an offset. The judgement is sufficient documentation in case the IRS decides to challenge the write off.
My case against Terrahash was heard in court this past Monday. Terrahash failed to show up after being properly served. The judge asked to see my receipt and asked some questions before awarding me a judgement for $10,000 plus court costs. The fact that my receipt was denominated in Bitcoin was a non-issue.
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Was 10k the amount you paid TerraHash for hardware?
But seriously, super excited for you
Danny
Almost. I paid Terrahash the equivalent of $10,500 in Bitcoin for a fully populated DX Large and power supply. Santa Clara County Superior Court Small Claims Division allows monetary awards up to a maximum of $10,000.
My case against Terrahash was heard in court this past Monday. Terrahash failed to show up after being properly served. The judge asked to see my receipt and asked some questions before awarding me a judgement for $10,000 plus court costs. The fact that my receipt was denominated in Bitcoin was a non-issue.
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You really should create a thread for this news.
Done. See: https://bitcointalk.org/index.php?topic=443041.new#new
Terrahash accepted pre-orders for ASIC mining hardware. Terrahash failed to deliver the ASIC miner I purchased from them or return my money so I sued them.
My legal case against Terrahash was heard this past Monday. Terrahash failed to show up after being properly served. The judge asked to see my receipt and then asked some questions before awarding me a judgement for $10,000 plus court costs. The fact that my receipt was denominated in Bitcoin was a non-issue.
Contrary to popular belief there is legal recourse when making payments with Bitcoin.
My legal case against Terrahash was heard this past Monday. Terrahash failed to show up after being properly served. The judge asked to see my receipt and then asked some questions before awarding me a judgement for $10,000 plus court costs. The fact that my receipt was denominated in Bitcoin was a non-issue.
Contrary to popular belief there is legal recourse when making payments with Bitcoin.
My case against Terrahash was heard in court this past Monday. Terrahash failed to show up after being properly served. The judge asked to see my receipt and asked some questions before awarding me a judgement for $10,000 plus court costs. The fact that my receipt was denominated in Bitcoin was a non-issue.
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Terrahash,
I know you watch this.
Be aware that many gave you the benefit of the doubt.
Do not misinterpret their silence as acceptance.
When doubt is fully eliminated - that patience transmutes into vigilance.
Do not underestimate what these individuals can do to you in court - these are the smartest people in the room.
Expect more class-action lawsuits from very dedicated and meticulous people if you don't take additional action immediately.
Thank you for your time.
The AtomSea
I know you watch this.
Be aware that many gave you the benefit of the doubt.
Do not misinterpret their silence as acceptance.
When doubt is fully eliminated - that patience transmutes into vigilance.
Do not underestimate what these individuals can do to you in court - these are the smartest people in the room.
Expect more class-action lawsuits from very dedicated and meticulous people if you don't take additional action immediately.
Thank you for your time.
The AtomSea
When the Chapter Proceeding is filed and it will be, all judgements will be stayed and placed in the creditor's line.
You can sue the Terrahash corporation purple, be granted all the judgements you can get; you can bitch and moan all you like and the moment the Proceeding is filed, you get to sit on your hands because any further attempts to enforce or collect have to stop or face the the wrath of the Court.
Wrong. A judgement for Fraud is NOT dischargeable in bankruptcy proceedings.
Is that you again? I don't know if I was clear enough so I am repeating myself because you clearly do not understand.
This is not about the money. We are past that. He will not get off Ridley Scott-free. Maybe Tony Scott but not Ridley Scott.
This is not about the money. We are past that. He will not get off Ridley Scott-free. Maybe Tony Scott but not Ridley Scott.
Exactly. This is my take as well, there is no reason to let this go. There are definitely pointers to a wire fraud case, considering that's a catch-all law for cases just like this.
If you were victimized by Terrahash and the company's officers then please file complaints with the Santa Clara County District Attorney's office.
The District Attorney will take action if enough Terrahash customers contact them: http://www.sccgov.org/sites/da/prosecution/DistrictAttorneyDepartments/Pages/Consumerprotectionunit.aspx
http://www.sccgov.org/sites/da/prosecution/DistrictAttorneyDepartments/Pages/Consumerprotectionunit.aspx
The California Secretary of State's office maintains the Victims of Corporate Fraud Compensation Fund. The fund can payout claims of up to $50,000 to each victim. See: http://www.sos.ca.gov/vcfcf/
There's no reason to let this go. Lets get the ball rolling.
I again publicly request the members/moderators of this forum to delete my present and previous addresses, phone numbers, businesses, domain names, links to my profiles and pictures unless they are 100% sure that the Tarandeep Gill they are looking for is me. There are 1000s by the same name (both guys and girls, as names in our culture are mostly unisex) living all over USA. I just happen to be the most famous one.
Is there a way I could get real names and addresses of the people who are posting my information on here?
Is there a way I could get real names and addresses of the people who are posting my information on here?
You are "the most famous one" for a reason, bonehead.
I am 100% sure when I say that Tarandeep Gill's LinkedIn profile photo and picture on Georgia Tech's website are identical to the person I met at Terrahash's offices where they said their name was "Amir Khan". When you registered Terrahash with the California of Secretary of State you listed your real name as CEO. From there the pieces came together. I met with you three times at Terrahash's office so I know your face well. Three other people positively identified you. The Tech crunch presentation helped. Amir Khan <'a mere con'> is a fictitious name used by Tarandeep Gill. One of your co-workers confirmed this when they gave you up. Son, you cannot outrun the Internet or Google's cache.
You never delivered the product I paid for. Twice you promised me a 100% refund (both times in front of witnesses ) and so far I have received nothing$, nada. I told you I will NOT go away until I get my money back. I have documentation for everything and more. If you disagree with me then show up for court and make your case.
You're a pussy for disappearing and then popping back up whenever the truth gets too close for comfort like when you got caught sleeping in your office, the BS story about why clothes were left in your office when an eviction notice was posted on the front office door, and now you're whining about people talking about your identity? You are not the victim here! Man up and take responsibility for the mess you created in but don't try to hide. You're a dumb ass if you think people won't eventually connect the dots and find you.
This is the person you are looking for.
Amir\Tarandeep, twice now you said that you'd start refunding customer money so why in the hell have you not made any effort to do so yet? The longer you wait the worse it will be (for you). The clock is ticking and you are running out of time. Where is the refund update that you promised?
You guys don't get it yet, do you?
The money is gone.
There ain't no money to be had.
It's over.
My $.02.
The money is gone.
There ain't no money to be had.
It's over.
My $.02.
LostDutchman, what facts do you have to support your opinion that "the money is gone"? None?
Terrahash took in about $1MM in customer money and never delivered a product to anyone. My first attempt at BTC mining is now in court. Given the difficulty increases in BTC mining its probably better to just buy coins if you want to speculate with your money. Thanks for the reply and G/L to you.
It's not about hiding assets but BTC being used. Find us a court case where BTC was recovered from a closed business. Assuming TH really does close being a LLC.
Oops!
Terrahash is NOT an LLC!
It is incorporated in California; the Land of Fruits and Nuts as a FOR PROFIT corporation!
"TERRAHASH, INC.
Entity Number: C3566232
Date Filed: 05/14/2013
Status: ACTIVE
Jurisdiction: CALIFORNIA
Entity Address: 366 S MARY AVE
Entity City, State, Zip: SUNNYVALE CA 94086
Agent for Service of Process: CORPNET, INCORPORATED
Agent Address: 340 N WESTLAKE BLVD STE 210
Agent City, State, Zip: WESTLAKE VILLAGE CA 91362"
You may go here to check the veracity of my information:
http://kepler.sos.ca.gov/
Have a nice day and stop trying to cut of the head of the Messenger please.
My $.02.
You know LLC stands for Limited Liability Company right, it is a form of incorperation
http://en.wikipedia.org/wiki/Limited_liability_company
[/quote]
Ya fuckin' think?
Jesus Christ on a raft!
If Terrahash were set up as an LLC, the business entity would read, "Terrahash, LLC", NOT "Terrahash, Inc".
Crikey, I have set up over 250 corporations for people and do in point of fact have the vaguest idea what I'm talking about.
My continued presence in this thread constitutes the casting of pearls before swine, not to mention engaging in arguments with people who only want to argue.
My $.02.
.To those of you who invested with Terrahash, Good Night and Good Luck!
[/quote]
If you setup 250+ corporations then you should know the difference between an "investor" and a 'customer'. Saying
It's not about hiding assets but BTC being used. Find us a court case where BTC was recovered from a closed business. Assuming TH really does close being a LLC.
Oops!
Terrahash is NOT an LLC!
It is incorporated in California; the Land of Fruits and Nuts as a FOR PROFIT corporation!
"TERRAHASH, INC.
Entity Number: C3566232
Date Filed: 05/14/2013
Status: ACTIVE
Jurisdiction: CALIFORNIA
Entity Address: 366 S MARY AVE
Entity City, State, Zip: SUNNYVALE CA 94086
Agent for Service of Process: CORPNET, INCORPORATED
Agent Address: 340 N WESTLAKE BLVD STE 210
Agent City, State, Zip: WESTLAKE VILLAGE CA 91362"
You may go here to check the veracity of my information:
http://kepler.sos.ca.gov/
Absent intentional fraud, if the corporation bankrupts out, the principals will walk away unscathed.
Have a nice day and stop trying to cut of the head of the Messenger please.
My $.02.
[/quote]
You setup 250+ corporations but don't know the difference between an "investor" and a 'customer'?
AYou are wrong about the principals walking away unscathed. Terrahash was undercapitalized and lacked sufficient paid in capital to prevent the corporation from being an alter ego of Amir Khan and Tarandeep Gill aka Justin. Piercing the corporate shield and proving that Terrahash is in fact an alter ego of Amir Kahn and Tarandeep Gill will be easy. Terrahash, Amir, and Tarandeep are already being sued for Fraud in Santa Clara County Superior Court. See:http://www.sccaseinfo.org/pa6.asp?full_case_number=1-13-CV-254284&crumbs=Civil%20Index&crumbs=Party/Case%20Type%20Search&crumbs=Party/Case%20Type%20Results&crumbs=Cases%20Involving%20Amir%20Khan
If you are owed money by Terrahash you can file a complaint with the Santa Clara County District Attorney's office, sue them in Superior Court, or small claims court. The small claims court process is simple, it's inexpensive, and you can file for up to $10,000 which would probably cover most of Terrahash's customers. The process take about 15 minutes; fill out two pages of information, pay the clerk $100, serve Terrhash (it's easy) and you'll be in court about 30 days later. If you go to small claims court you're making a claim for cash, it doesn't matter if you paid with BTC, WIRE, or PayPal. Assuming you win your case, which you will, you'll be awarded a judgement for cash. The judgement is good for 10 years and the county sheriffs office will help you collect on your judgement. You can seize earnings, cash, bank accounts, cars, homes, and any other real property belonging to the defendant(s). The judgement will also appear on the defendant's credit report. If you don't live in bay area you can file a complaint with the District Attorney's office and they'll advocate and mediate on your behalf, plus they have the power of enforcement. You do not have to settle for a partial refund.
Update 11/9/2013: TerraHash is still in business, we have not filed for bankruptcy yet. The refund from Yifu was cashed immediately back then, we did not make any profits from the recent surge in BTC prices. Again, we are still committed to provide as much refund as possible. I will update again in a couple days on how we are going to proceed with that.
Amir:
Prove that you cashed out the refund from Yifu. Post the transaction details including the wallet addresses (Terrahash's wallet to the Exchange's wallet), the receipt for converting BTC to fiat currency (USD), and the wire transfer details showing the money was sent to Terrahash's account. Post Terrahash's bank statement that shows the cash from the BTC that Yifu sent you. Prove what your saying is true.
And we let go of the office, because we are trying to conserve as much money as possible for the refunds, and the office was just a useless expense now. Nobody was sleeping in the office. when I brought my truck to move our stuff out of the office, I realized I had some useless clothes in the trunk. I just dumped them there to make space in the trunk.
Amir:
You have two new legal claims pending against you, besides the lawsuit for Fraud. You told me multiple times that you refund 100% of my order.
I made it perfectly clear to you that I'd take legal action against you if I didn't get my money back. I will not settle for a 50% refund, period.
See you in court.
Here's a party suing Terrahash in Santa Clara County Superior Court for Fraud:
http://www.sccaseinfo.org/pa6.asp?full_case_number=1-13-CV-254284&crumbs=Civil%20Index&crumbs=Party/Case%20Type%20Search&crumbs=Party/Case%20Type%20Results&crumbs=Cases%20Involving%20Amir%20Kahn
Amir Khan and Tarandeep Gill aka "Justin" are going to get blistered in court.
http://www.sccaseinfo.org/pa6.asp?full_case_number=1-13-CV-254284&crumbs=Civil%20Index&crumbs=Party/Case%20Type%20Search&crumbs=Party/Case%20Type%20Results&crumbs=Cases%20Involving%20Amir%20Kahn
Amir Khan and Tarandeep Gill aka "Justin" are going to get blistered in court.
Hmmm.............
Amir living in the office.
Eviction notice posted.
Ain't no money folks.
Sue away to your heart's content but you cannot get blood from a turnip and the turnip in this case is Terrahash.
It's over and the money is gone.
Good night and good luck!
My $.02.
Amir living in the office.
Eviction notice posted.
Ain't no money folks.
Sue away to your heart's content but you cannot get blood from a turnip and the turnip in this case is Terrahash.
It's over and the money is gone.
Good night and good luck!
My $.02.
What causes you to believe that Terrahash doesn't have any money? Do you know what happened to the refund from Yifu for the Avalon chips? Amir can't spend the BTC without opening himself up to Fraud charges for illegal conveyance of property. The fact is pre-order customer money doesn't belong to Amir.
Why accept a loss when there are paths available to get your money back? Contact the Santa Clara County District Attorney's Office, join a lawsuit, or file in small claims court.
A judgement is good for ten years. Any income, assets or real property is fair game to attach with a lien. A dissolution of Terrahash cannot proceed without satisfying the corporation's creditors. A Chapter 7 bankruptcy won't happen without a full financial accounting and addressing the BTC refund from Yifu. Amir is between a rock and hard spot now. If he runs he's facing an Interpol Red Notice.
It's game on.
btceic, Imgur pictures are here: http://imgur.com/a/2VWKv