Class Action? How/where/when? sign me up.
I don't know. As soon as the class action is successful, Cryptsy would just file bankruptcy, making the judgement uncollectible. I'd really like to see charges leveled instead, and have Big Vern and all his buddies facing time in the big house. Perhaps be fined all of their personal assets and have it be distributed to their victims. Of course, the whole debacle has only cost me about 200K sats, so maybe the bigger fish would not be satisfied with this outcome.
isn't florida one of those states where the primary residence is untouchable?
big vern has a $1mil house and there is probably zero other assets to be found
I'm sure if federal charges reach conviction, the federal government does not need to follow state law. The federal government can basically follow their own guidelines to collect any fines or victim restitution.
For example, if you are subject to a normal garnishment of your wages, in most states, the garnishment is limited to 25% of the net. The IRS can do a garnishment for everything above the minimum wage.
This is why I would prefer the criminal route over the civil route. Getting a judgement is good, but one must be able to collect on the judgement. This can be extremely difficult. Just ask the Goldman's.
lol
