According to what was said at the conference before the Court on January 7, 2025, Mr. Brown believes that he was stolen 83.85 Bitcoin in 2017 along with a portion of the proceeds that the Securities and Exchange Commission (“SEC”) claims he obtained through unlicensed broker-dealer activities.

Mr. Brown just learned that the Department of Justice recovered this stolen Bitcoin in the case of United States v. Anthony Tyler Nashatka. and that in a future restitution hearing in the Northern District of California on March 27, 2025, he could be able to reclaim such assets.

In 2019, Anthony Nashatka was charged with hacking the EtherDelta exchange.

The indictment claims that Nashatka planned to attack a cryptocurrency trading platform in December 2017 in order to acquire hundreds of its customers’ private keys and other data as part of a plot to steal their bitcoin.

The indictment also details how the defendants fraudulently tricked victims into entering their cryptocurrency addresses and private keys into a phoney website, diverted users from the real platform to a phoney website, transmitted a command to disable all of the cryptocurrency company’s servers, and illegally used a victim’s identity to access the platform’s domain name settings.

According to the indictment, Nashatka and his accomplices allegedly registered the credentials of hundreds of victims between December 20 and 21, 2017, stole their money, and moved almost $600,000 to a single cryptocurrency address under their control.

Additionally, on December 26, 2017, Nashatka and his accomplices took an extra $800,000 from a single victim utilising same fraud technique. The effort to find other victims is still ongoing.

A change of plea hearing was held on May 19, 2021, according to a review of Nashatka’s court record. Since Nashatka’s docket is filled with secret documents that make it hard to follow, I think she entered a guilty plea on this day.

On December 19, 2024, Nashatka submitted an updated judgement, which is the final item on her case docket.

Nashatka’s guilty plea to one count of conspiracy to conduct wire fraud is affirmed in the ruling. Three years of probation and undisclosed reparations are the penalties.

Nashatka’s “special conditions of supervision” mention Trevon James in the role of Trevon Brown;

Unless specifically instructed to do so by the probation officer, you are not permitted to interact with any of the victims, including Romein Rostami, Albert Chang, Christopher Ware, Victor Yarmus, Zack Coburn, and Trevon Brown.

Various devices and a cryptocurrency wallet holding 113.5 BTC (valued $10.9 million at the time of writing) are among the assets identified by Nashatka that will be forfeited to the DOJ.

On March 27, 2025, it will be decided how much and to whom Nashatka will pay in reparations. This supports James’ request for a postponement in the BitConnect promotion case before the SEC.

James’ motion for an adjournment was granted by the court on January 24th, and his BitConnect settlement meeting was rescheduled for April 21st, 2025.