The fight is being played out in the US and could spill over into Australian courts amid allegations of stolen bitcoin, lies, and fraud.
A bitter legal feud involving Melbourne-based crypto billionaires Ed Craven and Bijan Tehrani is playing out in the US and could spill over into Australian courts as the pair tussle with a former business partner over allegations of stolen bitcoin, lies, and fraud.
In 2021, an investigation by this masthead unmasked Tehrani, 31, and Craven, 29, as the founders of Stake.com. The site is not associated with the Australian share trading platform Stake,It has been a lucrative business. Craven has bought several top-tier properties in Melbourne, among them an $80 million mansion in Toorak, while Tehrani has
At the same time, Freeman is continuing his legal fight for a slice of the Stake.com fortune in New York. In that case, Freeman claims Craven and Tehrani engaged in fraud by concealing from him their plan to use cryptocurrency to set up the online casino to cut him out of the project. Lawyers for Freeman claim to have uncovered fresh evidence to help his claim for a $600 million-plus slice of the Stake.com fortune.At a recent court hearing, lawyers for Freeman said a letter and draft statement of claim sent by a lawyer for Tehrani to Freeman in 2021 relating to the allegedly stolen bitcoin originally appeared to indicate some business had taken place in New York.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The high-stakes legal battle raging between Stake.com billionaires and former crypto broThe fight is being played out in the US and could spill over into Australian courts amid allegations of stolen bitcoin, lies, and fraud.
Read more »
Qatar Airways aiming to buy 20 per cent stake in Virgin Australia: reportIf the Middle East airline is successful, experts say it could a potential deal could mean cheaper air fares on international flights.
Read more »
With our futures at stake, Sunak and Starmer argued like managers of an imperilled golf club‘Are you two the best we’ve got?’ It was a harsh question but summed up last night’s final leaders debate, says the Guardian columnist Zoe Williams
Read more »
Snap elections in France: a political scientist lays out what’s at stakeJulien Robin, a specialist in French parliamentary life, looks at what the surprise dissolution means for French politics.
Read more »
Mirvac sells $1.3b stake in new Sydney tower to Mitsui FudosanThe transaction is the latest evidence of the company’s efforts to trade out of lower-quality office assets and focus on new, premium ones.
Read more »
AGL ASX: AGL goes big on ‘smart’ energy platform with $150m Kaluza stakeIts major rival, Origin Energy, has made a highly successful investment in a similar business, Octopus Energy. The platform coordinates supply and billing.
Read more »