Will Sokolowski v. Digital Currency Group, Inc. survive a motion to dismiss?
Basic
8
Ṁ585
Jun 2
4%
chance
Silbert and DCG waive service (ECF 5-6)
Moro served (ECF 8)
Silbert and DCG file MTD (ECF 9)
Brief in support of ECF 9 filed (ECF 16)

Resolves YES if Sokolowski v. Digital Currency Group, Inc., 4:25-cv-00001, (M.D. Penn.) survives defendants' motion to dismiss (e.g., 12(b)(6) or a bankruptcy related motion), In the event that such a motion is granted in part, I will resolve to a % based off of the number of defendants and claims remaining (e.g., a MTD which results in the dismissal of 2 of 3 parties will result in a 33% resolution).

Resolves NO if a motion is granted in full; or plaintiffs dismiss the suit with or without prejudice prior to the last deadline for defendants to file such a motion.

The docket can be found here (or on PACER here). A copy of the original complaint can be found here.

The MTD by defendants Silbert and DCG (ECF 16) is available here. (Mooted by amended complaint but should represent closely the pending brief on renewed MTD)

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bought Ṁ1 NO

@KevinBlaw his twitter gets more views than his AI songs at least.

Today is the day we see some Gemini lawyering!

@FrederickNorris Sadly it seems Steve asked for more time to do his homework (ECF 40, asking for an extension until May 27).

@kopecs This motion was, alas, also Gemini lawyering.

Per twitter he will be working on his response for 14 hours per day until June. Because AI makes everything simpler, and it already anticipated what the defense would do. Understand?

@KevinBlaw Sorry but you lost me.

Reply brief is due May 7th, yes?

@kopecs 14 days from whenever the other briefs are filed.

Even if he files a motion to file a Second Amended Complaint, he'll also need to file a brief in opposition to the motion to dismiss. We're about to see how bad it can get.

What if the price of crypto craters such that the Defendants return the crypto coins which are now worth pennies because people had less discretionary income due to the market crash in which to prop up the crypto market?

Motions to dismiss were filed yesterday. Waiting for the briefs.

@KevinBlaw I doubt that the Sokos have the $.75M to disgorge. They are really playing with fire in more ways that one.

@KevinBlaw Kevin I would happily sell you a swap on that event if I thought doing such a thing was easily legally consummated.

2 out of 3 of those options seem plausible to happen.

Big developments here. Motion to dismiss filed by the other Defendant, and an Amended Complaint (the only one of right in federal court, if I'm not mistaken).

I haven't looked at either. Has anyone bothered to?

@FrederickNorris no! I didn’t see that tactic coming.

@FrederickNorris I skimmed the complaint. It seems deficient in the same ways as the original but I believe any amended complaint in the 3rd circuit moots motions to dismiss.

@kopecs Agree. They will just file the same motions to dismiss.

Only 2602 more hours to go until AI figures out a way to create a sham entity that recovers money through an assignment in bankruptcy court and then allows you do double dip individually and collect money again by suing. Everyone is about to get two times richer (except for the people who will necessarily get two times poorer). Awe-inspiring.

Not chastened. And apparently the number 2 is “awe-inspiring”.

@KevinBlaw Some BS AI platform is about to deliver the message "You're cooked, Steve."

@KevinBlaw Talk about running through the tape, he will be working on this brief for a full 12 days after it was already due!

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