This week Judge Kenneth Marra came to a conclusion in the District of Florida class action lawsuit against Paul Vernon and his company Project Investors (Cryptsy). According to the final default judgment, Vernon is liable for the “principal sum of $8.2 million.”Paul Vernon Liable for $8.2M in Class Action Lawsuit
The curious case of the now defunct Cryptsy exchange has been a drawn out mystery for a very long time and is still not over. Back in January of 2016 the cryptocurrency trading platform Cryptsy said it was hacked for 13,000 BTC, and 300,000 LTC. Since then the founder of the exchange Paul Vernon, otherwise known as ‘Big Vern’, left his residency in Florida and allegedly is hiding out somewhere around Liaoning, China.
https://news.bitcoin.com/vanished-cryptsy-ceo-big-vern-ordered-to-pay-8m-in-class-action-lawsuit/