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Bitcoin Manipulation Abatement, LLC,

US Court Dismisses $150M Lawsuit Against Cryptocurrency Derivatives Exchange

https://cryptopotato.com/us-court-dismisses-150m-lawsuit-against-cryptocurrency-derivatives-exchange/

 

Bitcoin Manipulation Abatement, LLC,

Here is their registration in Puerto Rico

https://prcorpfiling.f1hst.com/CorpInfo/CorporationInfo.aspx?c=424234-1511

Nothing Like a lawsuit being filed out of a condominium in Peurto Rico

They seem to be going around suing crypto companies. Possible a company once called TRANSPACIFIC IP GROUP LLC, 5245 AVE ISLA VERDE UNIT 302. I would assume this had to changed due to the fact there is an actual company called this out of China that works on internet stuff. (yes I called it that). There were also various registrations of trademarks from clothing apparel to website names like mymall.com There was mention of stuff from cyprus. So basically it seems like a few people shacked up in a condo trying to scam corporations.

 

 

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Here's the agent running the Bitcoin Manipulation Abatement, LLC case: https://www.linkedin.com/in/ppogodin/

Seriously out of his depth... Has zero securities law experience. The manner of the dismissal of his previous suit against FTX last year makes one wonder why they bother wasting everyone's time? I have to assume it's either self-funded or supported by a BTC maxi with nothing better to do than pester Ripple using a cheap-ass lawyer.

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10 hours ago, peanut56 said:

Bitcoin Manipulation Abatement, LLC,

US Court Dismisses $150M Lawsuit Against Cryptocurrency Derivatives Exchange

https://cryptopotato.com/us-court-dismisses-150m-lawsuit-against-cryptocurrency-derivatives-exchange/

 

Bitcoin Manipulation Abatement, LLC,

Here is their registration in Puerto Rico

https://prcorpfiling.f1hst.com/CorpInfo/CorporationInfo.aspx?c=424234-1511

Nothing Like a lawsuit being filed out of a condominium in Peurto Rico

They seem to be going around suing crypto companies. Possible a company once called TRANSPACIFIC IP GROUP LLC, 5245 AVE ISLA VERDE UNIT 302. I would assume this had to changed due to the fact there is an actual company called this out of China that works on internet stuff. (yes I called it that). There were also various registrations of trademarks from clothing apparel to website names like mymall.com There was mention of stuff from cyprus. So basically it seems like a few people shacked up in a condo trying to scam corporations.

 

 

and here's the attorney for Bitcoin Manipulation Abatement llc    

 

what a goon!!!

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  • 1 month later...
11 hours ago, Undershoes said:

There is a new document in the docket that was posted today labeled "Dismiss" (at least by Court Listener). It's not free/open. Does anyone have info on this update?

https://www.courtlistener.com/docket/8150354/zakinov-v-ripple-labs-inc/?filed_after=&filed_before=&entry_gte=&entry_lte=&order_by=desc

Thanks!

 

https://www.financemagnates.com/cryptocurrency/news/ripple-moves-to-court-for-fraud-allegations-dismissal/

Ripple has moved to court asking to drop all fraud charges against it on a lawsuit as the plaintiff has failed to provide details to back its claims.

In the court documents filed on Monday, the San Francisco-headquartered company is seeking a dismissal of fraud charges along with prejudice to the plaintiff as the allegations are based on false representations.

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12 hours ago, Undershoes said:

There is a new document in the docket that was posted today labeled "Dismiss" (at least by Court Listener). It's not free/open. Does anyone have info on this update?

https://www.courtlistener.com/docket/8150354/zakinov-v-ripple-labs-inc/?filed_after=&filed_before=&entry_gte=&entry_lte=&order_by=desc

Thanks!

 

https://www.coindesk.com/ripple-xrp-lawsuit-fails-ceo-garlinghouse-fraud

Quote

In the case of Garlinghouse, the plaintiff circles around a statement he made on Dec. 14, 2017, when, after being asked if he held any XRP as an investment, he said he was “very, very long XRP as a percentage of my personal balance sheet.”

In the amended complaint, the plaintiff alleges the XRP ledger shows Garlinghouse “sold any XRP he received from Ripple within days of such receipt” and that, rather than being long, “he was dumping XRP on retail investors in exchange for dollars and other cryptocurrency.”

In total, Sostack claims Garlinghouse sold 67 million XRP tokens (worth roughly $58 million on Dec. 14) in 2017, which, he alleges, counts as a misrepresentation as it coincides with the time he was also publicly claiming to be “very, very long XRP.”

Quote

The lawyers first contest Sostack’s claim that Garlinghouse sold a sizable share of his tokens: “Plaintiff fails to plead … what percentage of his personal balance sheet the alleged sales constitute.”

They then argue that just because Garlinghouse sold XRP doesn’t mean he wasn’t still bullish on the token’s prospects: “Selling a portion of one’s XRP holdings does not mean that the seller cannot also be ‘very, very long’ in the same asset as a percentage of his or her own personal balance sheet.”

Lets see if the Judge is going to buy your BS Lyinghouse. In Public "I'm very very long XRP", while at the same time furiously dumping 58$ Million worth of XRP.

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Posted (edited)

So really you just wanted to shitpost. Cool. I do appreciate the link to the filing though, that part was helpful. It is curious to me that one file in the docket is named "motion to dismiss" while this one was only named "dismiss". 

If this is the sum of the plaintiffs argument, they have no standing. 

Edited by Undershoes
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