{"id":743,"date":"2016-11-07T00:00:00","date_gmt":"2016-11-07T05:00:00","guid":{"rendered":"https:\/\/www.silvermillerlaw.com\/media-coverage\/settlement-reached-in-part-of-cryptsy-case\/"},"modified":"2023-06-14T12:21:03","modified_gmt":"2023-06-14T12:21:03","slug":"settlement-reached-in-part-of-cryptsy-case","status":"publish","type":"news_posts","link":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/settlement-reached-in-part-of-cryptsy-case\/","title":{"rendered":"Settlement Reached in Part of Cryptsy Case"},"content":{"rendered":"<p><strong> David Silver Quote : <\/strong><\/p>\n<blockquote><p>\n<strong>A lot of people didn&#8217;t think we could recover a dollar on this.<\/strong>\n<\/p><\/blockquote>\n<p>There\u2019s good news and bad for traders on a Delray Beach-based digital currency exchange, who feared the worst after the CEO Paul Vernon allegedly\u00a0<a href=\"http:\/\/www.dailybusinessreview.com\/id=1202766231893?keywords=cryptsy&amp;publication=Daily+Business+Review\">absconded to China with clients\u2019 money<\/a>.<\/p>\n<p>The good news: A settlement worth more than $1 million ends part of a class action lawsuit against Project Investors Inc., doing business as Cryptsy.<\/p>\n<p>The bad: It\u2019s a fraction of the $8 million with which Vernon allegedly fled the country.<br \/>\n\u201cA lot of people didn\u2019t think we could recover a dollar on this,\u201d said plaintiffs attorney David Silver of the Silver Law Group in Coral Springs. \u201cPaul Vernon, to the best of my knowledge, has not returned to the United States since he went to China in early 2016.\u201d<\/p>\n<p><a href=\"https:\/\/www.law.com\/dailybusinessreview\/almID\/1202771723167\/\" target=\"_blank\" rel=\"noopener\">Read the rest of the article.<\/a><\/p>\n","protected":false},"featured_media":1784,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news_categories":[],"class_list":["post-743","news_posts","type-news_posts","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Settlement Reached in Part of Cryptsy Case - SilverMillerLaw.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/settlement-reached-in-part-of-cryptsy-case\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Settlement Reached in Part of Cryptsy Case - SilverMillerLaw.com\" \/>\n<meta property=\"og:description\" content=\"David Silver Quote : A lot of people didn&#8217;t think we could recover a dollar on this. 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