Crypto Casino Stake.com sued for $400 million - page 3.

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Quote from: minime0105 on September 12, 2022, 09:16:02 AM

Quote from: fortunecrypto on September 02, 2022, 07:18:55 AM

Quote from: Accardo on September 02, 2022, 01:48:31 AM

Its weird to see a former partner, co founder of primedice sue Stake. I think its lack of contract. Yet it feels bad to watch his friends move ahead with a project he designed without proper settlement or information.

We all can learn from here everything should have a contract even if you are dealing with your best friend, do not rely on a verbal contract, everything should be on paper and transparent, and it should be notarized because something like this could arise, Stake is considered one of the top three casinos in the industry and players will have a doubt and might transfer to other exchange, this is very interesting and we'll wait for more updates because this involves a very huge amount.

Sometimes what causes all these, it's a trust that you have on a friend that will give you full hope not to betrayed you. But one thing we supposed to know is that who ever that is having business with you either it's your brother make sure that you whatever into documents agreement before the business can be executed, because if the business fails to in place of documents you will regret of it when it starts to prosper, so documentation is the key hold as evidence before and after a business

Which is why one of the most basic things you will hear when starting a business is to avoid doing so with your friends and family members, on the surface it may seem to be a bad advice as if you start a business with them not only you could get to make money but also you’ll be doing it with people you like, but at the end disputes about money will always emerge and when that happens you’ll lose not only a business partner but a friend or family member as well, making the loss even greater.

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Quote from: freedomgo on September 16, 2022, 02:29:50 PM

Quote from: wxa7115 on September 15, 2022, 10:17:10 PM

Quote from: goldkingcoiner on September 15, 2022, 02:25:10 PM

I do hope that after the lawsuit has been thrown out of the window (as it should be), the so-called partner who brought the whole thing into being gets counter sued for defamation. Because this definitely will have a bad effect on Stake.com and they definitely will lose a considerable amount of users. Especially because, as already mentioned by you, the plaintiff is a former partner and by making such claims, he is, from my non-lawyer perspective, very probably engaging in libel/slander.

And honestly, I do not think I would let that go, if it were my company.

I really think that this is inevitable, if this was something that they spoke about in private or just among their lawyers then I do not think there will be too much of a case to sue him for those accusations.

But since he went public and he made a lot of noise about it probably knowing that his accusations were not true then I think there is enough for stake to go against him, maybe the lawsuit could be dropped as well but I think it is on their best interest that they take a strong stance against things like this so this doesn't happen again.

The plaintiff already made a big mistake ever since he made a lawsuit against the Stake.com, he didn't think well about what would happen to him because there is no solid evidence in his accusations against the said company. As you said, he could've talked the owners privately in front of their own respective lawyers to settle the issue. But no, if directly made a lawsuit that will just gonna be dropped anytime soon because the claims aren't enough plus that amount stated was a bit over exaggerated.

I think the plaintiff already made up his mind because he didn't bothered to talk the owner first who is also his former partner before filing a lawsuit against them, the Stake.com was probably shocked when they received the letter that there was a case filed against them and asking a huge damage amount worth $400 Million.

Now, if the case will be dropped soon just like you guys stated, expect that the company will file a lawsuit against their former partner too because of the scandal he did and made the Stake.com lost a lot of money because of the clients who were affected by the issue.

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Quote from: wxa7115 on September 15, 2022, 10:17:10 PM

Quote from: goldkingcoiner on September 15, 2022, 02:25:10 PM

I do hope that after the lawsuit has been thrown out of the window (as it should be), the so-called partner who brought the whole thing into being gets counter sued for defamation. Because this definitely will have a bad effect on Stake.com and they definitely will lose a considerable amount of users. Especially because, as already mentioned by you, the plaintiff is a former partner and by making such claims, he is, from my non-lawyer perspective, very probably engaging in libel/slander.

And honestly, I do not think I would let that go, if it were my company.

I really think that this is inevitable, if this was something that they spoke about in private or just among their lawyers then I do not think there will be too much of a case to sue him for those accusations.

But since he went public and he made a lot of noise about it probably knowing that his accusations were not true then I think there is enough for stake to go against him, maybe the lawsuit could be dropped as well but I think it is on their best interest that they take a strong stance against things like this so this doesn't happen again.

The plaintiff already made a big mistake ever since he made a lawsuit against the Stake.com, he didn't think well about what would happen to him because there is no solid evidence in his accusations against the said company. As you said, he could've talked the owners privately in front of their own respective lawyers to settle the issue. But no, if directly made a lawsuit that will just gonna be dropped anytime soon because the claims aren't enough plus that amount stated was a bit over exaggerated.

_act_

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Quote from: wxa7115 on September 15, 2022, 10:17:10 PM

Quote from: goldkingcoiner on September 15, 2022, 02:25:10 PM

I do hope that after the lawsuit has been thrown out of the window (as it should be), the so-called partner who brought the whole thing into being gets counter sued for defamation. Because this definitely will have a bad effect on Stake.com and they definitely will lose a considerable amount of users. Especially because, as already mentioned by you, the plaintiff is a former partner and by making such claims, he is, from my non-lawyer perspective, very probably engaging in libel/slander.

And honestly, I do not think I would let that go, if it were my company.

I really think that this is inevitable, if this was something that they spoke about in private or just among their lawyers then I do not think there will be too much of a case to sue him for those accusations.

But since he went public and he made a lot of noise about it probably knowing that his accusations were not true then I think there is enough for stake to go against him, maybe the lawsuit could be dropped as well but I think it is on their best interest that they take a strong stance against things like this so this doesn't happen again.

Which means no lawsuit again? Maybe it ha been settled between the both parties. I am not thinking Stake would lose customers because of the way I think, but it is very possible, some Stake users can think they might lose their money with Stake if the other party win the lawsuit, they may withdraw their money and not use Stake. Because of this, there is nothing bad for Stake to demand for certain amount of money from the person that sued Stake, as a compensation for damage. But we do not know if Stake customers reduced during the time and some days after the time, which should be what to first be considered.

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Quote from: goldkingcoiner on September 15, 2022, 02:25:10 PM

I do hope that after the lawsuit has been thrown out of the window (as it should be), the so-called partner who brought the whole thing into being gets counter sued for defamation. Because this definitely will have a bad effect on Stake.com and they definitely will lose a considerable amount of users. Especially because, as already mentioned by you, the plaintiff is a former partner and by making such claims, he is, from my non-lawyer perspective, very probably engaging in libel/slander.

And honestly, I do not think I would let that go, if it were my company.

I really think that this is inevitable, if this was something that they spoke about in private or just among their lawyers then I do not think there will be too much of a case to sue him for those accusations.

But since he went public and he made a lot of noise about it probably knowing that his accusations were not true then I think there is enough for stake to go against him, maybe the lawsuit could be dropped as well but I think it is on their best interest that they take a strong stance against things like this so this doesn't happen again.

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Quote from: stadus on September 15, 2022, 11:20:16 AM

Quote from: serjent05 on September 12, 2022, 06:22:35 PM

Quote from: Viscore on September 12, 2022, 05:10:54 PM

Quote from: goldkingcoiner on September 06, 2022, 02:34:37 PM

I really doubt that there is any need to panic. Although for the time being, getting your funds out of stake.com would probably be a very smart bet. There are other good online gambling casinos to play on during this whole fiasco.

Although that being said, I think anyone can sue anyone for anything and demand any kind of sum. That does not make it a fact that stake.com has already lost. In fact, this could and probably might turn out to be complete hot air. Or as some people would say, a "nothing burger".

400 Million in damages in nothing to scoff at. Depending on the outcome of the lawsuit and the current financial stake of stake.com, things might go downhill really fast. Anyway, personally I will keep away and wait to see what happens.

The reputation of stake.com is now starting to be compromised because regardless of the outcome of lawsuit, people will already have their advanced thinking about this casino like putting their funds here will not be safe at all. Although I believed that long time users of stake.com might still be sticking on it but newbies will definitely develop fear about this case.

I do not think that the lawsuit will compromise the reputation of stake. This case doesn't even involve a player or scamming a player of their money. So definitely the case does not affect the relation of Stake and its player. Besides, the statement of the complainant is far from being justified because the complainant doesn't have enough proof that he was "discouraged" by the owner of Stake.

Still, they cannot take away the chances that Stake.com will somehow lose some clients because of the issue they are currently facing. Their reputations are still at stake in this lawsuit even though there's no scamming of clients involved, we already know that it's never been good for the face of the company to face a lawsuit especially if the plaintiff is a former partner of the said company.

I do hope that after the lawsuit has been thrown out of the window (as it should be), the so-called partner who brought the whole thing into being gets counter sued for defamation. Because this definitely will have a bad effect on Stake.com and they definitely will lose a considerable amount of users. Especially because, as already mentioned by you, the plaintiff is a former partner and by making such claims, he is, from my non-lawyer perspective, very probably engaging in libel/slander.

And honestly, I do not think I would let that go, if it were my company.

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Quote from: serjent05 on September 12, 2022, 06:22:35 PM

Quote from: Viscore on September 12, 2022, 05:10:54 PM

Quote from: goldkingcoiner on September 06, 2022, 02:34:37 PM

I really doubt that there is any need to panic. Although for the time being, getting your funds out of stake.com would probably be a very smart bet. There are other good online gambling casinos to play on during this whole fiasco.

Although that being said, I think anyone can sue anyone for anything and demand any kind of sum. That does not make it a fact that stake.com has already lost. In fact, this could and probably might turn out to be complete hot air. Or as some people would say, a "nothing burger".

400 Million in damages in nothing to scoff at. Depending on the outcome of the lawsuit and the current financial stake of stake.com, things might go downhill really fast. Anyway, personally I will keep away and wait to see what happens.

The reputation of stake.com is now starting to be compromised because regardless of the outcome of lawsuit, people will already have their advanced thinking about this casino like putting their funds here will not be safe at all. Although I believed that long time users of stake.com might still be sticking on it but newbies will definitely develop fear about this case.

I do not think that the lawsuit will compromise the reputation of stake. This case doesn't even involve a player or scamming a player of their money. So definitely the case does not affect the relation of Stake and its player. Besides, the statement of the complainant is far from being justified because the complainant doesn't have enough proof that he was "discouraged" by the owner of Stake.

Still, they cannot take away the chances that Stake.com will somehow lose some clients because of the issue they are currently facing. Their reputations are still at stake in this lawsuit even though there's no scamming of clients involved, we already know that it's never been good for the face of the company to face a lawsuit especially if the plaintiff is a former partner of the said company.

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Quote from: Hispo on September 12, 2022, 04:13:32 PM

Quote from: serjent05 on September 11, 2022, 04:54:15 PM

Quote from: Jemzx00 on September 11, 2022, 04:12:28 AM

Anyways, I don't think the former partner has a high chance on winning his case but still wanted to proceed with it to gain money against Stake.

Same here. Other than the claim of the complainant, there is no written document that will prove that what the complainant saying is true. Aside from that, it is all like his words against the stake owner's word.

There is still a change the jury or the judge gets convinced a monetary compensation does have place within the lawsuit, 400 million is completely out of proportion in my opinion, if the former partner ends up winning this lawsuit the final amount would end up being smaller.

I dont see major reasons to panic over this lawsuit, Stake likely have very good lawyers and enough money to pay and solve this all mess without going out of business.

If anyone feels uncomfortable with all this, simply keep enough funds on stake to gamble and move the rest of it to your wallet.

Yes, it's much better to move those funds in much safer place because we really don't know how would this lawsuit ends and only leave some small funds that you can afford to lose. However, as said facts above, we can somehow say and expect that Stake.com will likely win the case against their former partner. I'm quite curious though how would this lawsuit ends.

AicecreaME

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Quote from: Darker45 on September 02, 2022, 02:24:24 AM

I hope the 3 former college schoolmates, friends, and business partners would reach an equitable settlement over the matter as this might seriously affect not just their personal relationships but also the business they're operating.

From a limited viewpoint, it seems the other two has indeed unfairly sidestepped Freeman. Not only was he not included in Stake, which was not just an idea he originally proposed but something he helped design himself, he was also kicked out from Primedice. But, for what?

Well, we'll see how this case unfolds. In the meantime, I'd rather be cautious in dealing with the two platforms as their operations might be affected in one way or another as they get embroiled in the case.

While this shamble is currently happening in Stake and Primedice, I guess it would be a better option if the players will temporarily pause betting and withdraw their funds for the mean time. This is because you'll never know what would be the outcome of this lawsuit. There is a chance that the lawsuit filed against stake would affect the casino's run, so it's better to be safe than sorry. Although I really do hope that they'll arrive at a good settlement and fair decision for each and everyone. I know it's hard to swallow that the people whom you trusted to go and sail with you will suddenly leave you behind without any notice at all. Hence, I understand why the co-designer got mad and felt the need to file for a lawsuit against his friends.

Afterall, trust is one of the most invested here aside from it being a business, the reliability and trustworthiness has been tainted. Hopefully this will be resolved as soon as possible and have only a minimal damage or effect to both casinos.

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Quote from: Viscore on September 12, 2022, 05:10:54 PM

Quote from: goldkingcoiner on September 06, 2022, 02:34:37 PM

I really doubt that there is any need to panic. Although for the time being, getting your funds out of stake.com would probably be a very smart bet. There are other good online gambling casinos to play on during this whole fiasco.

Although that being said, I think anyone can sue anyone for anything and demand any kind of sum. That does not make it a fact that stake.com has already lost. In fact, this could and probably might turn out to be complete hot air. Or as some people would say, a "nothing burger".

400 Million in damages in nothing to scoff at. Depending on the outcome of the lawsuit and the current financial stake of stake.com, things might go downhill really fast. Anyway, personally I will keep away and wait to see what happens.

The reputation of stake.com is now starting to be compromised because regardless of the outcome of lawsuit, people will already have their advanced thinking about this casino like putting their funds here will not be safe at all. Although I believed that long time users of stake.com might still be sticking on it but newbies will definitely develop fear about this case.

I do not think that the lawsuit will compromise the reputation of stake. This case doesn't even involve a player or scamming a player of their money. So definitely the case does not affect the relation of Stake and its player. Besides, the statement of the complainant is far from being justified because the complainant doesn't have enough proof that he was "discouraged" by the owner of Stake.

Viscore

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Quote from: goldkingcoiner on September 06, 2022, 02:34:37 PM

I really doubt that there is any need to panic. Although for the time being, getting your funds out of stake.com would probably be a very smart bet. There are other good online gambling casinos to play on during this whole fiasco.

Although that being said, I think anyone can sue anyone for anything and demand any kind of sum. That does not make it a fact that stake.com has already lost. In fact, this could and probably might turn out to be complete hot air. Or as some people would say, a "nothing burger".

400 Million in damages in nothing to scoff at. Depending on the outcome of the lawsuit and the current financial stake of stake.com, things might go downhill really fast. Anyway, personally I will keep away and wait to see what happens.

The reputation of stake.com is now starting to be compromised because regardless of the outcome of lawsuit, people will already have their advanced thinking about this casino like putting their funds here will not be safe at all. Although I believed that long time users of stake.com might still be sticking on it but newbies will definitely develop fear about this case.

TimeTeller

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Quote from: BITCOIN4X on September 12, 2022, 04:26:14 PM

Quote from: Hispo on September 12, 2022, 04:13:32 PM

There is still a change the jury or the judge gets convinced a monetary compensation does have place within the lawsuit, 400 million is completely out of proportion in my opinion, if the former partner ends up winning this lawsuit the final amount would end up being smaller.

I dont see major reasons to panic over this lawsuit, Stake likely have very good lawyers and enough money to pay and solve this all mess without going out of business.

If anyone feels uncomfortable with all this, simply keep enough funds on stake to gamble and move the rest of it to your wallet.

If people are concerned about risk, then they can always move their funds to a secure wallet rather than on a gambling platform. I think it is never safe to have very large funds on any gambling site, it is very risky. But have sufficient funds for your gambling needs and make a deposit when needed again.

$400M is such a huge amount, it will surely cause a lot of panic among stake customers.

It may be a huge amount, however, the revenue of this site is huge as well.
Just look at the bonuses that they are giving to their players.
Anyway, it is up to the player how he handle this news, either he will just ignore this or panic.
Also, we have no updates yet on this lawsuit. But I can say, stake can easily pay this amount.
It is by no means, will make them bankrupt as Hispo also mentioned.

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Quote from: BITCOIN4X on September 12, 2022, 04:26:14 PM

Quote from: Hispo on September 12, 2022, 04:13:32 PM

There is still a change the jury or the judge gets convinced a monetary compensation does have place within the lawsuit, 400 million is completely out of proportion in my opinion, if the former partner ends up winning this lawsuit the final amount would end up being smaller.

I dont see major reasons to panic over this lawsuit, Stake likely have very good lawyers and enough money to pay and solve this all mess without going out of business.

If anyone feels uncomfortable with all this, simply keep enough funds on stake to gamble and move the rest of it to your wallet.

If people are concerned about risk, then they can always move their funds to a secure wallet rather than on a gambling platform. I think it is never safe to have very large funds on any gambling site, it is very risky. But have sufficient funds for your gambling needs and make a deposit when needed again.

$400M is such a huge amount, it will surely cause a lot of panic among stake customers.

Nothing is assured and anything could happen if that lawsuit end up on disasters end for Stake but just like the rest that had been talking that this amount wont really be enough on taking down the business.

But its true that the said amount was really out of proportion or something not really just right i must say and there would really be adjustments to that.Lets see if there would be some dealings or off court

negotiation in between parties which might really make this mess to be resolved or clear out.For those people who do make these platforms as their main wallets then better think twice.
Risk would be higher on losing those coins compared if you do store it on your own personal non custodial wallet.

BITCOIN4X

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Quote from: Hispo on September 12, 2022, 04:13:32 PM

There is still a change the jury or the judge gets convinced a monetary compensation does have place within the lawsuit, 400 million is completely out of proportion in my opinion, if the former partner ends up winning this lawsuit the final amount would end up being smaller.

I dont see major reasons to panic over this lawsuit, Stake likely have very good lawyers and enough money to pay and solve this all mess without going out of business.

If anyone feels uncomfortable with all this, simply keep enough funds on stake to gamble and move the rest of it to your wallet.

If people are concerned about risk, then they can always move their funds to a secure wallet rather than on a gambling platform. I think it is never safe to have very large funds on any gambling site, it is very risky. But have sufficient funds for your gambling needs and make a deposit when needed again.

$400M is such a huge amount, it will surely cause a lot of panic among stake customers.

Hispo

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Quote from: serjent05 on September 11, 2022, 04:54:15 PM

Quote from: Jemzx00 on September 11, 2022, 04:12:28 AM

Anyways, I don't think the former partner has a high chance on winning his case but still wanted to proceed with it to gain money against Stake.

Same here. Other than the claim of the complainant, there is no written document that will prove that what the complainant saying is true. Aside from that, it is all like his words against the stake owner's word.

There is still a change the jury or the judge gets convinced a monetary compensation does have place within the lawsuit, 400 million is completely out of proportion in my opinion, if the former partner ends up winning this lawsuit the final amount would end up being smaller.

I dont see major reasons to panic over this lawsuit, Stake likely have very good lawyers and enough money to pay and solve this all mess without going out of business.

If anyone feels uncomfortable with all this, simply keep enough funds on stake to gamble and move the rest of it to your wallet.

mirakal

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Quote from: Jemzx00 on September 11, 2022, 04:12:28 AM

Quote from: _act_ on September 10, 2022, 03:10:44 PM

Quote from: mirakal on September 10, 2022, 02:43:38 PM

Both of you are right, $400 Million can be a small amount to Stake.com and that same amount can also be seen as a big amount but that depends on which angle you are trying to see, and currently Stake.com has a net worth of more or less $1 Billion dollar. So, we can somehow say that in any case, Stake.com won't pay that ridiculous amount as a settlement for the said lawsuit and it is already expected that they will try to make that settlement go to a much lower amount where it can be described as a reasonable amount for the both sides.

400 million dollars is not a small amount of money, not at all. But has there been anything like the court saying that Stake should pay the amount? No. I am not expecting that as well. Even if Stake is truly at fault, the court can not make it oay such huge amount unless certain things are considered first.

400 million dollars is never a small amount even with a billion dollar company such as Stake. However, the number of 400 million dollars is what the plaintiff or the former partner of stake demanded and it will never the final amount whether he won his case on the court. A lot of things are needed to be considered during trial for a fair amount to be decided.

Anyways, I don't think the former partner has a high chance on winning his case but still wanted to proceed with it to gain money against Stake.

As said above, $400 Million dollars can be viewed as small and big because that depends on the angle which you are trying to see but I agree with you, $400 Million is indeed a huge amount and that demanded amount by the plaintiff is seriously exaggerated but I understand why he raise and amount that high because he knows that Stake would try to settle an lower amount if the case goes south.

We can't really know for sure because as you guys said, there's a lot of things that is needed to consider and the outcome will be decided by the ruler soon.

Jemzx00

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Quote from: serjent05 on September 11, 2022, 04:54:15 PM

Quote from: Jemzx00 on September 11, 2022, 04:12:28 AM

Anyways, I don't think the former partner has a high chance on winning his case but still wanted to proceed with it to gain money against Stake.

Same here. Other than the claim of the complainant, there is no written document that will prove that what the complainant saying is true. Aside from that, it is all like his words against the stake owner's word. And if the complainant claim that he is the one who set up the strategy and system of stake, he should have proof, like a patented document on any strategy or technology the stake is using but I believe the complainant doesn't have any document like that.

To be perfectly fair against the former partner, the court will still be able to hear out his story even without any supporting documents especially since the previous relationship he had with the owners is very close to each other and even being a part of Primedice which is the first gambling website they've started.

But still, the fact remains the same, he has no evidence to support his claims and it looks like it all started when his share from Primedice has been lowered which is logical to support the team and developers of Primedice. If worst comes to worst, I don't think that Stake may be affected rather Primedice as he is not a part of Stake to begin with.

minime0105

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Quote from: fortunecrypto on September 02, 2022, 07:18:55 AM

Quote from: Accardo on September 02, 2022, 01:48:31 AM

Its weird to see a former partner, co founder of primedice sue Stake. I think its lack of contract. Yet it feels bad to watch his friends move ahead with a project he designed without proper settlement or information.

We all can learn from here everything should have a contract even if you are dealing with your best friend, do not rely on a verbal contract, everything should be on paper and transparent, and it should be notarized because something like this could arise, Stake is considered one of the top three casinos in the industry and players will have a doubt and might transfer to other exchange, this is very interesting and we'll wait for more updates because this involves a very huge amount.

Sometimes what causes all these, it's a trust that you have on a friend that will give you full hope not to betrayed you. But one thing we supposed to know is that who ever that is having business with you either it's your brother make sure that you whatever into documents agreement before the business can be executed, because if the business fails to in place of documents you will regret of it when it starts to prosper, so documentation is the key hold as evidence before and after a business

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Quote from: noorman0 on September 09, 2022, 12:31:52 PM

Quote from: gunhell16 on September 09, 2022, 12:06:52 AM

As a long time Stake user this makes me feel concerned, I'll be withdrawing all of my funds and going elsewhere!

During this time customers didn't really understand whether $400k was enough to bankrupt Stake or just a small number of annual earnings. Even if $400k were to be drained, it would only involve Tehrani and Craven's private pockets if the Freeman name had not been implicated since Stake was founded. This only involves their previous company.

After all, it's your business entirely with your own money. This is not strictly an internal case of disrupting the casino's customer service mechanism, you will still be able to bet and withdraw as usual.

I don't think that if the court were to side with Freeman, that money would be taken out of the casino because that would completely deprive Craven and Tehrani of their camping trip. I think it makes a lot more sense to take that money on credit because Craven and Tehrani own real estate that can be used as collateral. The loan can be paid from the casino's income. But honestly, it seems to me that the court won't grant Freeman's claim, and even if it does, it will significantly reduce the amount of money he is entitled to.

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Quote from: Jemzx00 on September 11, 2022, 04:12:28 AM

Quote from: _act_ on September 10, 2022, 03:10:44 PM

Quote from: mirakal on September 10, 2022, 02:43:38 PM

Both of you are right, $400 Million can be a small amount to Stake.com and that same amount can also be seen as a big amount but that depends on which angle you are trying to see, and currently Stake.com has a net worth of more or less $1 Billion dollar. So, we can somehow say that in any case, Stake.com won't pay that ridiculous amount as a settlement for the said lawsuit and it is already expected that they will try to make that settlement go to a much lower amount where it can be described as a reasonable amount for the both sides.

400 million dollars is not a small amount of money, not at all. But has there been anything like the court saying that Stake should pay the amount? No. I am not expecting that as well. Even if Stake is truly at fault, the court can not make it oay such huge amount unless certain things are considered first.

400 million dollars is never a small amount even with a billion dollar company such as Stake. However, the number of 400 million dollars is what the plaintiff or the former partner of stake demanded and it will never the final amount whether he won his case on the court. A lot of things are needed to be considered during trial for a fair amount to be decided.

The best example of this is the Johnny Depp lawsuit case with Amber Heard. Depp sued for $50 million in damages and Heard countersued back for $100 million. Eventually, the jury awarded Depp $10 million in compensatory damages and $5 million in punitive damages while Heard got awarded $2 million in compensatory damages, but $0 in punitive damages. Expect the same in this case, Stake.com might even counter back if that claim is unsustained, causing damage to the Stake.com branding,... A typical lawsuit will go back and fore till both sides realize they have to settle down.

Quote from: Jemzx00 on September 11, 2022, 04:12:28 AM

Anyways, I don't think the former partner has a high chance on winning his case but still wanted to proceed with it to gain money against Stake.

Same, although the ex-partner doesn't have a high chance of winning, Stake.com might try to settle with the ex-partner by % of that $400 million and an agreement to move on.

Topic: Crypto Casino Stake.com sued for $400 million - page 3. (Read 4152 times)