23 0 obj Leary and Soniat became acquainted as teenagers living in New Orleans in the 1980s. and Gabriella Levine, Esq. There are publicly traded crypto mining companies like Riot Blockchain and Marathon Digital Holdings, worth hundreds of millions of dollars. I kept pushing to do a deal, Leary said. BitOodas CEO, Tim Kelly, said in a phone interview he has investors lined up to buy tens of millions of dollars of the contracts. I believe that its imprudent to risk your entire business on whether the halving is priced in or not, Leary said. All Rights Reserved. * The other websites referenced on this site are owned and operated by their respective companies, and the associated trademarks and logos are the property of those companies. Furthermore, the court reasoned that while Delaware law has not joined other courts in explicitly finding it cannot dissolve foreign entities, Delaware court decisions support doing so. Coinmint Injunction to Remove Ashton Soniat by coinmint - Issuu 911 Kingsley Street, Asbury Park, NJ, 07712. Childhood Friends Battle Over Ownership of North America's Largest August 21, 2022; Soniat said hes poured in almost all of the additional capital needed to fund Coinmints development and operations, and that Learys stake now amounts to just 18 percent. Its difficult to get a loan from a traditional financial company like a bank, Maloney said. endobj California Privacy Notice: If you are a California resident, you have the right to know what personal information we collect, the purposes for which we use it, and your options to opt out of its sale. HOUSTON, Oct. 7, 2019 /PRNewswire/ -- A federal court affirmed the findings of the magistrate judge who ruled that Pallavi Ghayalod acted in concert with her husband, Manoj Ghayalod, to "obstruct. <> <> Case Details Parties Dockets Case Details Case Number: endobj Katherine Thompson Soniat (born January 11, 1942), American English The court also found it could not equitably dissolve Coinmint, as it was no longer a Delaware entity. The two formalized this plan in an operating agreement, which provided that the members interest could be increased or diluted via cash infusion. Co-owner of energy hedge fund. The record indicated Leary was aware of, participated in, and supported this conversion. Ashton H Soniat, 53 - Dallas, TX - Has Court or Arrest Records - MyLife.com Soniat loaned Coinmint more than $20 million, an obligation that until recently remained on the companys books. We are actively hiring for multiple open positions and have even bigger plans for the future, so please join us. below. It also alleged Delaware courts have a significant interest in adjudicating disputes implicating the internal affairs, conversion, and dissolution of Delaware entities, regardless of whether Coinmint is a Delaware or Puerto Rican entity, because the operating agreement provided that Delaware law would control. Ashton is a trader, Leary said. 7 0 obj McKeon was a top communications aide and campaign adviser to former New York Governor George Pataki and also worked on former New York City Mayor Rudy Giulianis presidential campaign in 2008. BTC; between May 28, 2017 and July 10, 2017, SONIAT redirected 132.73 BTC; Come in on August 12, 2017 and September 6, 2017, SONIAT redirected 111.4358 BTC; and between On December 9, 2017 and . We have worked hard to provide the best mining services at the lowest cost to institutional BTC miners. CEO of Coinmint Ashton Soniat explained in the release. A far larger political gift has gone to Ms. Hochuls lieutenant governor, Antonio Delgado, who is facing two primary challengers this month. Bitcoin mining has become a big-money business, Leary said. <>/Metadata 473 0 R/ViewerPreferences 474 0 R>> Links are provided for reference only and MyLife.com does not imply any connection or relationship between MyLife.com and these companies. Terms of the contract werent disclosed, but Maloney said the hashpower contracts should bring in funds to support the Massena expansion. In the underlying litigation, Dufossat Capital countered the Plaintiffs' lawsuits by asserting that Manoj and Pallavi, conspired to misappropriate Dufossat Capital's trade secrets. But Massena boasts natural resources that are attractive to bitcoin miners like Coinmint. Soniat, who lives in Puerto Rico, donated $150,000 to the island territorys Sacred Heart University to strengthen a scholarship program, according to a February 2017 report from the Puerto Rican business-news website News Is My Business. Theirs birthdate is August 15, 1969, making them 53. <> <> Copyright 2020 WWNY. endobj He thought they were low-ball offers.. Yet, because the court found Coinmints conversion to a Puerto Rican entity valid, it lacked subject matter jurisdiction to order a dissolution or declare Coinmints proper managers. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 23 0 R/Group<>/Tabs/S/StructParents 1>> x\mSHNA-..*c VYpv.u`6k]w%3hqaYfW$|p8/cvS.8t2h"\,0;NEww~)wwNxe&zw@2$I`7.q|`1,(n&zLR20)80 Each member would have the opportunity to match the capital contributions of the other member in order to avoid dilution. The Court sets forth the issues at hand and hears arguments from all parties. In New York, lawmakers have moved in a different direction: In the waning hours of its 2022 session, the State Legislature last week unexpectedly passed a bill that would impose a two-year ban on new cryptocurrency mining permits, specifically at fossil-fuel burning plants, which some businesses have repurposed to power the energy-intensive activity. to see possibly who they are and full class lists found from school records and public sources. Although people search engines are great for finding details about a person, your standard search engine can guide your search on Addresses. Its not a fun situation for me.. Restarting them would reverse the reductions in greenhouse gas emissions that those shutdowns achieved. We were mostly party friends. Ashton H Soniat's Summary. C. 18-110, rather than Coinmints operating agreement choice of law provision. against Dufossat and Soniat.9 On April 5, 2017, by agreement of the parties and with this court's approval, Arya Plaintiffs amended their complaint to include claims from the Harris County action against Dufossat, Dufossat Capital, LP, Dufossat Capital I, LLC, Dufossat Capital GP, LLC, and Ashton Soniat.10 On April 24, 2017, for Defendants. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> In an email, Soniat, 50, said he is prepared to defend himself against the spurious allegations and that Learys claims are baseless. Post or read reviews for Ashton Soniat Now, he and Leary each accuse the other of stealing company funds. Senator Kevin Parker, a Democrat from Brooklyn who sponsored the bill, said that it was not meant to discourage the industry. 4yTM@]() ' ^]bk(JRYTWDmV'y*Wv2gi o~&,\z(AlbVnQsWI~:\]>w\_-!I~(EUXP'MU9N68ya tTW meU.v*x,[U:08#x3`K38lKCH ;uzzx{wW_V8{ni>^Y:>W+O^2fH+;GRRR }\c?9jJ"/~uei\pJdL ~5.6- The court explained that an operating agreements choice of law provision alone could not create sufficient contact for personal jurisdiction, nor could parties confer subject matter jurisdiction where it is otherwise absent. All rights reserved. <> Master of Business Administration, University of Houston. Mintvest filed a suit seeking nullification of Coinmints conversion; dissolution pursuant to 6 Del. Ashford Estate Wedding: Garrett and Soumya - adammason.com Sam Bankman-Fried, the founder of FTX, said in a statement that the company had applied for a trust charter to operate in New York and has been engaged in conversations with regulators about its application. Leary went into the data-center business. endobj A subscription to PACER is required. Soniat then removed Leary from the board and designated CLT as Coinmints sole manager. Instead, the Act explicitly distinguished between domestic and foreign LLCs. Ashton is fifty-three. Manoj Ghayalod VS. Dufossat Capital Puerto Rico, LLC, Ashton Soniat The business of mining bitcoin and other cryptocurrencies using high-speed computers is humming: Bitcoin prices are up 36 percent this year alone after nearly doubling in 2019. Click Here. Counsel may access the fillable form using the following link: www.nynd.uscourts.gov/content/general-order-12 (meb). No personal appearance. Clickout Media Ltd AA PH, Camilleri Buildings, Oratory Street, Naxxar, NXR 2504 Malta, Company No. This site should not be used to determine an individual's eligibility for credit, insurance, employment, housing or any other purpose covered by the FCRA. Either social platform benefits from people using their real names. Dufossat Capital: Court Finds Deliberate Violation of Duty to Preserve A person close to Coinmint said none of the tokens were ever actually sold. endobj 1466 times Related: Your PGP Key? Coinmint vs. Ashton Soniat Fraud Case | PDF | Bitcoin - Scribd <> Both Facebook and LinkedIn require you to sign up, fortunately, theyre free. (meb), Notice re: Compliance with General Order #12: Pursuant to General Order #12, counsel is required to file the Notice of Related Case form as a separate document. Dorado Family Holdings LP (LEI# 254900MNZ1TFXI6HMO57) is a legal entity registered with Bloomberg Finance L.P.. Search. C. 18-802 or, alternatively, equitable dissolution; and a declaration of Coinmints proper managers pursuant to 6 Del. to see possible education history including where and when they attending high school and college, and a complete list of his high school class list. The board would notify members in writing of the need for additional funds, and each member would then make a capital contribution. He can be reached by phone at (214) 546-5897 (New Cingular Wireless Pcs, LLC). Weve lined up a deal not only to resolve the current situation, but to bring the facility to its full capacity, said Leary. The case is "Arya Risk Management Systems, Pvt. It made sense, Soniat said in a phone interview from Puerto Rico. On August 12, 2021, the Delaware Court of Chancery issued an opinion, In re Coinmint, LLC, finding that a companys sweat equity member had waived the operating agreement formalities and, thus, consented to the dilution of his interest and the companys conversion to a Puerto Rican entity. Mila Kunis Marries Ashton Kutcher - People But just as they should be preparing for the impending halving of bitcoin in May an era-defining moment for the industry the four-year-old company is now grappling with an existential threat: a lawsuit filed in a Delaware court by one of its two co-founders, who is seeking nothing less than the dissolution of the company and liquidation of its assets. *1UKphxF{BT@[iUu PDF ENTERED - govinfo.gov signs artemis is reaching out Likes. 3 0 obj Learys actions are simply another misguided attempt to bolster his financial standing at the expense of a company in which he owns an interest, the statement read. Nominal Defendant COINMINT, LLC ("Coinmint") is a Delaware limited liability company. He added that Learys description of the private equity offers is categorically false., Coinmint is a private company and Soniat declined to disclose financial details, but noted: Ive provided the vast majority of money for the growth of the company through equity injections.. Soniat said in the phone interview hes the majority owner of Coinmint, so decisions over a sale or new financing are his to make. MASSENA, N.Y. (WWNY) - The founders of a Massena cryptocurrency mine fighting each other in court. ashton soniat wedding Mintvest alleged the court had subject matter jurisdiction under Sections 18-110, 18-111, and 18-802 of the Act. The bitcoin network is months away from its next halving a once-every-four-years occurrence that some analysts say could drive prices even higher. C. 18-110. Any delay in signing the bill puts our state at a serious risk of many old, inefficient, retired power plants being purchased and turned back on for consolidated crypto-mining operations for private profit, Ms. Kelles said. Check Full Reputation Profile Whats more, its not uncommon for alternate data sources to be enter in misspellings or alternate spellings. endobj endobj Ashton is currently living at 1011 Jefferson Avnue, New Orleans, LA 70115. Oct 2008 - Present14 years 7 months. In affirming the magistrate judge's rulings, the court stated that Pallavi and Arya's "spoliation of the EMC Storage Unit was intentional" and that Manoj "intentionally deleted the four laptop computers' hard drives for the purpose of depriving Defendants of the information stored thereon. Y+ri$4GiMA2q !phl0w{/np=-uc^cJmlr`eJJe( EnZ_S! <> We are all strong believers in the future of digital currencies, and we are excited to be part of this growing community! That would slow the states progress toward climate goals that it is legally bound to meet, amid growing concern that it is already behind schedule. Besides buying high-powered mining gear, RIOT is also working with partners to bolster its operations. Because MyLife only collects this data and does not create it, we cannot fully guarantee its accuracy. The new production would come on line just in time for the halving, which under the terms of the bitcoin networks original protocol will cut in half the number of bitcoins awarded to miners for helping to confirm data transactions on the blockchain. 201 West Cowan Driv, Houston, TX 77007-5030 is the last known address for Ashton. 12 0 obj As a result of the prejudice caused to Dufossat Capital, the court affirmed the magistrate judge's decision to strike certain claims or grant adverse inferences related to claims filed by Arya. Investing is speculative. Indeed, Coinmint Chief Financial Officer Michael Maloney said in an interview the planned expansion at Massena will add about 50 jobs, in addition to the roughly 100 employees who work there now. Leary held his interest in the company in Mintvest Capital Ltd. (Mintvest), while Soniat held his interest in Coinmint Living Trust (CLT). RIOT announced a co-location mining contract with North-American mining firm Coinmint in 2020. ashton soniat wedding ashton soniat wedding - homatrading.com They dont understand the nature of bitcoin.. Leary and Soniat agreed that because of the amount of Learys sweat equity, his interest should not be diluted so greatly, and thus set his interest at 18.2 percent. Mr. Soniat is also the sole owner of CLT. The ruling stems from a dispute between Coinmint co-founders and managers Prieur Leary and Ashton Soniat over the extent to which capital contributions from Soniat diluted Leary's stake in. All Rights Reserved. Katherine Thompson Soniat, American English educator, poet. Background Report for Ashton Soniat Defendant Ashton Soniat is an individual resident of Puerto Rico. But the five ads it is running statewide also highlight Mr. Delgados work on climate change, infrastructure, abortion and schools. for Plaintiff, Daniel R. LeCours, Esq. Intelius does not provide consumer reports and is not a consumer reporting agency as defined by the FCRA. So far, Coinmint is the only cryptocurrency miner to have established a large prescence in Massena. Each token would be equivalent to one terahash, or a trillion computations, of bitcoin mining, according to a press release at the time.