Crypto Mining CEO Pleads with 11th Circuit to Lift SEC Asset Freeze | Crypto

Crypto Mining CEO Pleads with 11th Circuit to Lift SEC Asset Freeze

– Brazilian crypto mining promoter accused of fleecing investors out of $62 million in a yearslong scheme
– Urges the Eleventh Circuit to vacate an order that froze his assets
– Lower court that granted the government’s request lacks personal jurisdiction over him because he has not received a summons or complaint
– Argues that the U.S. Supreme Court and appeals courts have held that to have personal jurisdiction over a defendant, “the prerequisite of service of process must first be satisfied.”

law360 stacked 2 Crypto Mining CEO Pleads with 11th Circuit to Lift SEC Asset Freeze

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