Law360 (June 24, 2021, 7:29 PM EDT) — The rapper referred to as The Sport will be part of a hashish cryptocurrency startup’s defaulted executives in dealing with a $12 million judgment in a category motion alleging it violated securities legislation with its $70 million preliminary coin providing, a California federal court docket has ordered.
U.S. District Choose Jeffrey S. White stated in Wednesday’s order that Jayceon Terrell Taylor, in any other case referred to as The Sport, is collectively and severally liable with the opposite defaulted defendants concerned with ParagonCoin Inc. for $12,066,000, plus prejudgment and post-judgment curiosity. In March, Choose White entered default judgments towards ParagonCoin Inc. founders Jessica VerSteeg and Egor Lavrov and executives Eugene…
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