Former Ethereum advisor Steven Nerayoff is suing the U.S. government for $9.6 billion over personal damages caused by false charges brought against him and its alleged cover-up of federal agents’ failings in the case against him, according to a Tuesday court filing.
Originally shared by Fox Business journalist Eleanor Terrett, the lawsuit alleges that Nerayoff’s “well-being, personal life, and career were irreparably harmed” as a “direct and proximate result of the wrongful conduct of federal agents” following the government’s now dropped claims that he criminally extorted an anonymous crypto startup.
The former Ethereum advisor claims that the United States Securities and Exchange Commission (SEC) and the United States Department of Justice (DOJ) conspired a “collective and concerted fishing expedition” into his business dealings beginning around 2017.
In one blockbuster accusation, Nerayoff is arguing that federal agents wrongfully raided his home, handcuffed him, threw him into the back of a van, and said he would not see his children grow up if he failed to provide them with information on a number key players within the crypto industry.
Nerayyoff’s lawyers are alleging that federal agents willfully “ignored how they were violating Mr. Nerayoff’s constitutional rights and destroying his life under color of law” in order to “maintain the public appearance that the DOJ and SEC were engaged in legitimate” crypto-related enforcement actions.
BREAKING: Today I have filed my Federal Tort Claims Act (FTCA) lawsuit suing the U.S. government for personal damages related to false prosecution. It is time we took a stand against this unrestrained corruption, for all the people wrongly accused & to ensure justice against…
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