Blockchain, Smart Contracts & Digital Currencies, Delaware Corporate, LLC & Partnership Law, Government Investigations & White Collar Defense, Insurance Recovery, Litigation & Counseling, Products Liability, Mass Torts & Consumer Class Actions, Transportation, Logistics & Supply Chain Management, Venture Capital & Emerging Growth Companies. The firm is also paying $12,000 a month to a consulting firm, Hinman Straub, to lobby the state government on cryptocurrency regulations, according to state records. Theirs current phone number is (504) 897-0140. The Judge overseeing this case is URSULA A. efe obada wife. Note that the content on this site should not be considered investment advice. RIOT Blockchain is a popular mining firm based in Colorado. View Ashton Soniat's business profile as Chief Executive Officer at Coinmint. Because of the unique infrastructure Coinmint created, these clients were able to receive returns at rates that far surpassed any of the alternatives. The chilly clime increases the efficiency and reliability of the bitcoin-mining computers, typically running 24 hours a day, 7 days a week. And Texas and Georgia have both adopted friendly postures toward the industry. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 23 0 R/Group<>/Tabs/S/StructParents 1>> Jimmy has been following the development of blockchain for several years, and he is optimistic about its potential to democratize the financial system. <> Justia US Law Case Law Texas Case Law Texas Court of Appeals, Fourteenth District Decisions 2023 Prieur Leary III v. Coinmint Living Trust and Ashton Soniat Appeal from 113th District Court of Harr. We use cookies to personalize & enhance your experience. Ashton was more on the financial side, Leary said. Smart entrepreneurs going into the field of cryptocurrency will realize they can build a better mousetrap and get us to buy that if theyre not destroying our environment, she said. The Court permits Defendant to file Motions and establishes a deadline in which to file. So far, Coinmint is the only cryptocurrency miner to have established a large prescence in Massena. ALBANY, N.Y. Across the nation, some states are trying to entice cryptocurrency mining companies to set up shop, offering tax incentives in the hopes of creating jobs and of expanding their footing in the tech industry. <> :Y>,H:|gN7TyzI?\5Jo=*W#m\{w ^z |;CfWd K0PbRM05rpu5GJ#\veEnEsWL`@]Q~GXi%W}6~`@ 2rC=qO@pC`-)8PH1S 'LR ,RAHqu ("0F 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. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia. Soniats side says 49 contractors working at Coinmint recently became company employees. Age: 53 (504) 897-0140 He says its in bad shape. Co-founder Ashton Soniat says there's no such deal. 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. In 2018, Coinmint became a Puerto Rican entity. The McCarter & English, LLP website is for informational purposes only. Coinmints innovative approach, material advantage, and best-of-class partnerships and management team offer our clients an opportunity to succeed in the exciting world of digital currency mining. Appearances by Jon E. Crain, Jr., Esq. Now, he and Leary each accuse the other of stealing company funds. Este fondo es posible gracias a la aportacin de Ashton Soniat, hijo de Robert Soniat y fundador y principal ejecutivo de Dufossat Capital Puerto Rico, compaa dedicada al manejo de inversiones energticas. Last year, a private equity firm offered to buy a stake in Coinmint at a valuation of over $80 million; a few months later, a reduced offer valued the company closer to $60 million. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> signs artemis is reaching out Likes. The companys total holding is now worth around $2m. I kept pushing to do a deal, Leary said. For instance, searching https://www.google.com/search?q=ashton-soniat in Google may yield their personal site (with contact information), or notifications of their marital status or recent exploits. Senator Kevin Parker, a Democrat from Brooklyn who sponsored the bill, said that it was not meant to discourage the industry. Each token would be equivalent to one terahash, or a trillion computations, of bitcoin mining, according to a press release at the time. My clients been left out in the dark.. Westoaks Energy, LP. stream Leary preferred not to document all happenings, and so would frequently make informal requests for funds from Soniat; Soniat would then provide the funds necessary to support Coinmints operations, some in the form of loans and others as capital contributions. It could impact operations at whats billed as the worlds largest digital currency operation. endobj He may be served with process at his residence at 2210 Dorado Beach Drive, Dorado, Puerto Rico, or wherever he may be found. This came to fruition when the BTC price surged by 180% in the fourth quarter of 2020. *1UKphxF{BT@[iUu BitOodas CEO, Tim Kelly, said in a phone interview he has investors lined up to buy tens of millions of dollars of the contracts. We know that Ashton is single at this point. Beautiful architecture, a wonderful day, gracious and loving family, and the biggest party of wedding-goers I had ever seen. "Ashton is a trader," Leary said. 12 0 obj Senator Liz Krueger, a high-ranking Democrat from Upper Manhattan, said she also called and texted colleagues to convince them to switch their votes, and lobbied others in-person at the State Capitol on Thursday night. RIOT Blockchain also enjoyed a boost from this as their shares climbed by over 500% in the process. In an example of the rising costs of crypto mining, Coinmint went so far as to pay $15,000 a month last year to retain a New York-based public affairs adviser, Michael McKeon of the consulting firm Mercury. By November of last year, relations between the childhood friends grew so strained that Soniat sent Leary an email saying he wasnt sure he wanted to work with him anymore. When Coinmint opened, the company said they could eventually employ 150 people. 1011 Jefferson AveNew Orleans, Louisiana 70115. The companys total holding is now worth around $2m. Thus, the court needed to consider whether it had subject matter jurisdiction over Mintvests claims for (1) dissolution pursuant to 6 Del. When their company, Coinmint, bought a former Alcoa plant in upstate New York, they brought hope the new economics of cryptocurrencies would revive a region that suffered with the decline of American manufacturing. The regional electricity grid draws supply from nearby hydropower plants, once prized by the smelters. Either social platform benefits from people using their real names. Soniat said in the phone interview hes the majority owner of Coinmint, so decisions over a sale or new financing are his to make. Coinmint got hit with a lawsuit from a landlord in Plattsburgh, N.Y., where it was operating a separate, smaller bitcoin mine from space in a strip mall. We can provide legal advice only to our clients in specific inquiries that they address to us. The governor, a moderate Democrat facing a primary election on June 28, has been noncommittal on whether she would sign the bill, a priority of environmental activists and the partys left flank. Besides mining firms, CalPERS has other interests in the blockchain. endobj Californias Public Employees Retirement System (CalPERS) now owns over 100,000 shares in bitcoin mining firm RIOT Blockchain following further stake made during Bitcoins late rally in December 2020. Addresses.com is a leading provider of public data about people and their connections to others. endobj The plant has the potential for upgrades up to 435 megawatts of crypto-mining capacity. and Gabriella Levine, Esq. If bitcoins price surges, mining firms could win big. Members should be wary of disregarding operating agreement procedures and cautious when considering major changes to a company if they seek to maintain Delaware jurisdiction. Prior to the conference held in July 2016, CalPERS invested $200 million in Kholsa Ventures, a Silicon Valley-based venture capital fund focused on green tech companies. By 2017, this diluted Learys interest to below 5 percent. It also alleged Delaware courts have a significant interest in adjudicating disputes implicating the internal affairs, conversion, and dissolution of Delaware entities, regardless of whether Coinmint is a Delaware or Puerto Rican entity, because the operating agreement provided that Delaware law would control. Katherine Thompson Soniat, American English educator, poet. Bitcoin mining has become a big-money business, Leary said. <> The pension fund discussed blockchain as a future technology investment opportunity in a 2016 public forum. Mediation of the case which was ordered by the court is scheduled to occur on Oct. 23, 2019. See Fm7xlGhHpg]VLM&EyKYWvA#+DIQYSj: 8Y7&94R!Y0ujJ+Ck4]+Bc'Qkc9pYNQAFrOnbI,X&om`'BGJ[np*2 k^cRivh/-F>U#jYnT=A9XW+J `mt(fW`FeA)$|a:kfnA|D$18?TH$=42IxBxnK WYCO=Xb9>p}RKy$|63%9o *#/rPK1+&x"D2+N*h+ hzz0,&@R`GWlx5+a48D7qo|-&~SvlJ.v !O?lLw0`>c H16"nY0t n#JerfeGakGqx6Bw8MxV\:{xIKOM5)1&%.M/+So#^wk:E>rO?#myDT2f,:hV:? <> 23 0 obj We have lots of information about Ashton: religious views are listed as unknown, ethnicity is unknown, and political affiliation is currently a registered Democrat. endobj CalPERS new acquisitions reflect rising faith in BTC and the potential benefits cryptocurrencies as a whole can bring to the financial system globally. The couple said "I do!" It's a fairy tale come true for That '70s Show fans: Ashton Kutcher and Mila Kunis are married. Leary, a co-founder who until recently was Coinmints president, filed the dissolution suit in Delaware Chancery Court in December, claiming Soniat, who serves as CEO, unilaterally moved Coinmints headquarters to Puerto Rico and then shut him out of day-to-day management. Lauren Soniat (@laurensoniat) Instagram photos and videos laurensoniat Follow 938 posts 1,162 followers 616 following Lauren Soniat Ashton, Celine and Baby Ashton owner @ivluxpr This Account is Private Already follow laurensoniat? It is not clear, however, whether Gov. Yet, as with many of the projects across the nation, theres been an accompanying backlash. ashton soniat wedding. 17 0 obj CEO - NCCS Successful Entrepreneur and Seasoned Operating Executive in FinTech Sector. He thought they were low-ball offers.. But weve reached a point where its too big and theres too much risk. To learn more, click the following link: Do not sell my info. Intelius reports cannot be used for background checks related to consumer credit, insurance, employment, housing or any other purpose prohibited under the FCRA. 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- This is a significant setback for the state and will stifle its future as a leader in technology and global financial services.. Environmentalists warn the extra draw on power from crypto mines could lead to more emissions from fossil fuel-burning generating plants, contributing to climate change. Y+ri$4GiMA2q !phl0w{/np=-uc^cJmlr`eJJe( EnZ_S! Restarting them would reverse the reductions in greenhouse gas emissions that those shutdowns achieved. l ) ,[mMUdlH=>*Gl#UU-kdoI*4Czxto=\T*\ 5_Ew{[9sA_4pV'_E 5/%Ur' M-rs*x,NV)q[FgB#PHeK-ml$=$ Bitcoin mining is a verification process essential to the Bitcoin economy. This ruling does two things: (1) reminds company members to abide by the formal procedures delineated in an operating agreement to ensure they do not waive any rights provided thereby, and (2) provides an explicit ruling that Delaware courts do not have subject matter jurisdiction to judicially dissolve, equitably dissolve, or resolve matters of managers of a foreign entity, even where the company was formerly a Delaware entity. Im the guy who found the sites and made it happen.. A more recent docket listing Check Full Reputation Profile Mr. Soniat is also the sole owner of CLT. We are actively hiring for multiple open positions and have even bigger plans for the future, so please join us. The management team consists of seasoned industry veterans and accomplished management executives: Learn more about Coinmint or speak with a member of our team. x\mSHNA-..*c VYpv.u`6k]w%3hqaYfW$|p8/cvS.8t2h"\,0;NEww~)wwNxe&zw@2$I`7.q|`1,(n&zLR20)80 Last year, Kentucky passed a pair of bills creating tax incentives for crypto-mining companies. The bill would not affect crypto mining projects that draw electricity from the grid. If it doesnt, they would likely see a steep drop-off in profits. 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. Response to Motion due by 5/20/2019. 4. (Court Reporter Lisa Tennyson) (tab), CLERK'S CORRECTION OF DOCKET ENTRY: The Clerk has corrected the receipt number in the docket text for the #1 Notice of Removal. Besides buying high-powered mining gear, RIOT is also working with partners to bolster its operations. Leary and Soniat memorialized this new agreement with a written document. 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. 1910 Marne Highway, Hainesport, NJ, 08036. endobj They dont understand the nature of bitcoin.. Anytime anyone is going out and spreading disinformation, thats a dangerous thing, said Robert Lemus, Soniats lawyer. Other blue states could potentially introduce legislation like this, based on the efforts of the environmental lobby, said John Olsen, the lead representative in New York for the Blockchain Association, an industry group that opposed the moratorium. The groundbreaking legislation, which would make New York the first state to enact such a moratorium, has the potential to influence regulations in other states or at the federal level. In August 2018, Coinmint considered launching its own digital token to pre-sell batches of bitcoin mining processing power known as hashrate to buyers. What information about Ashton are you looking for? By Luis Ferr-Sadurn,Grace Ashford,Dana Rubinstein and David Yaffe-Bellany. Founders of Massena cryptocurrency mine battle each other in court, Lewis County Sheriffs Office concludes search for missing Constableville woman, Troopers make interesting find while cleaning highway, Pay rise comes for New Yorkers, but some chafe at compromise, Your Turn: feedback on SNIRT Run changes, students working for school & 75th anniversary, Police helping to find man reported missing, Special prosecutor sought in case of fired Potsdam police officer. The numbers currently linked to Ashton are (504) 897-9190 (Bellsouth Telecommunications, LLC), (504) 897-0140. 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 and Soniat became acquainted as teenagers living in New Orleans in the 1980s. Ashton H Soniat is a person in theirs fifties. CnHM O-k a co-location mining contract with North-American mining firm Coinmint in 2020. Filing 6 NOTICE of Appearance by Elliot A. Hallak on behalf of Coinmint, LLC, Ashton Soniat (Hallak, Elliot) March 18, 2019 Filing 9 MOTION to MODIFY Order to Show Cause issued by state court directing personal service filed by Main Mill Street Investments, LLC. Subscribe to Justia's Free Newsletters featuring summaries of federal and state court opinions. Mintvest filed a suit seeking nullification of Coinmints conversion; dissolution pursuant to 6 Del. Log in to see their photos and videos. Others have come and gone. Crypto interests are lobbying Gov. Learn more in our Privacy Policy. The token represented a potential new source of financing, but it has never been listed on a cryptocurrency exchange. CONTACT: Erin Powers, Powers MediaWorks LLC, for Gregor Cassidy Wynne, PLLC, 281.703.6000 or [emailprotected]. %PDF-1.7 Theyve wrestled in court over email servers and bank statements. Bitmain sold the miners to Riot. 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, A subscription to PACER is required. (504) 897-0140 is Ashton's current phone number. These partner-friend breakups can be the most unfortunate, Leary said. In New York, the spaces available for such businesses are former power plants scattered across upstate that were among the states most polluting and inefficient. <> 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. Shelton, Ashton. Clickout Media Ltd AA PH, Camilleri Buildings, Oratory Street, Naxxar, NXR 2504 Malta, Company No. endobj The board would notify members in writing of the need for additional funds, and each member would then make a capital contribution. [ 13 0 R] Nominal Defendant COINMINT, LLC ("Coinmint") is a Delaware limited liability company. <> Ashton Soniat has been associated with twelve companies, according to public records. 1466 times Main Mill Street Investments, LLC v. Coinmint, LLC et al, US District Court for the Northern District of New York, TEXT NOTICE on #32 Defendants' MOTION to Dismiss for Failure to State a Claim or, in the alternative, MOTION to Consolidate Cases: Motion set for 6/6/2019 on submission of motion papers before Chief Judge Glenn T. Suddaby. for Plaintiff, Daniel R. LeCours, Esq. Case Details Parties Dockets Case Details Case Number: 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. A 10 minute recess is called. We assume that Paul Wade Groendes was among dwellers or residents at this place. The partnership was created to downsize its power costs and a way for them to diversify their mining operations. 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. This docket was last retrieved on December 12, 2019. The phone numbers provider is registered at AT&T Southeast. Reviews help for plaintiff; Elliot Hallak, Esq. The Court returns and the Court asks additional questions of counsel and the hearing continues. Get Addresses History for Ashton H Soniat, Find More Information for Ashton H Soniat, https://www.google.com/search?q=ashton-soniat, https://www.facebook.com/search/top/?q=ashton-soniat, https://www.linkedin.com/search/results/people/?keywords=ashton-soniat. View court, arrest, criminal/conviction A political action committee backed by a major cryptocurrency exchange has spent $1 million to support the campaign of the lieutenant governor, Antonio Delgado, left. Defendant Ashton Soniat is an individual resident of Puerto Rico. The current members of our team come from diverse areas, including technical, infrastructure, and financial expertise, bringing the highest level of talent to a truly best of breed operation. Each member would have the opportunity to match the capital contributions of the other member in order to avoid dilution. Ashton H Soniat's Summary. 103525, public pension fund calpers acquires more shares in riot, The largest public fund in the U.S now holds 113,034 shares in Riot, up from the initial holding of 16,097 shares made in 2017, according to a recent. Coinmint was started in 2016 when childhood friends Ashton Soniat and Prieur Leary each put $25,000 into the cryptocurrency prospecting firm. Lobbyists from two national groups the Blockchain Association and the Digital Currency Group also inserted themselves into the debate in New York, seeing the defeat of the bill as necessary to avoid similar legislation from spreading nationwide. worst places to live in oregon. Lauren Sciarrino and Ashton Soniat from HOUSTON, TX have registered at for their wedding on April 6, 2013. The Court advises counsel that he can only issue a Report & Recommendation to the District Judge in this case, Chief Judge Suddaby and that his Report & Recommendation will be issued in short order. (P?9GC|yM{hI#Db C(ZGFB(7 ZME=c*jB``4P`_gNH{Wp"`(1xyJ]0t?ACk_O#zS5x?H 0B;OjjAUYGzxp,A,4@ZG#W05@x #:gsq|BFK /m@!2.iu~Ex{1 7&~Qp|6^2h's|{x~f>#T?&I`oG Pgun dkD(O(O5^Gl? endobj Arguments regarding the property (transformer unit) located at property are heard. (lmw), Text Minute Entry for proceedings held before Magistrate Judge Christian F. Hummel: Status Hearing/Conference held on 3/29/2019. For Facebook, try using https://www.facebook.com/search/top/?q=ashton-soniat; for LinkedIn, try https://www.linkedin.com/search/results/people/?keywords=ashton-soniat. If you can remember their family members names , , , , , and , search for them, or if you remember who they used to be friends with, search them on a social platform and check their connected/friends list. As a subscriber, you have 10 gift articles to give each month. Fight Looms Over New Yorks Bid to Slow Crypto-Mining Boom, https://www.nytimes.com/2022/06/07/nyregion/cryptomining-ban-ny.html. CHAIRMAN & CEO Founded Dufossat Capital, leading electricity trading firm specializing in the Northeast and Midwest electricity markets. 2 0 obj Similar to commodity futures, the contracts allow mining firms to hedge against the risk of price drops while raising new financing in the short term. This section can be locked, requiring permission to The Court sets forth the issues at hand and hears arguments from all parties. <> Before moving to Ashton's current city of Dallas, TX, Ashton lived in Dorado PR. Soniat went through the roof when he found out the suit had been filed, and he sent out emails to Coinmint employees telling them not to talk to his partner, Leary said. QGD #wa2Sxs6:2x %fCxovvS X#[>>|b=O+=mz/^4t/Mm1%O]:N'{C{>=^M. 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. Addresses.com does not provide consumer reports and is not a consumer reporting agency as defined by the Fair Credit Reporting Act (FCRA). The proposed ban drew intense opposition from national cryptocurrency industry groups that worried the moratorium could be a precursor for similar regulations nationwide, and some lawmakers who said it unfairly targeted the fledgling industry. Coinmint operates what it calls "one of the largest digital currency data. Randall M. Foret, of the Law Office of Randall Foret, in Houston; Michael Wynne, of Gregor Cassidy Wynne, PLLC, in Houston; and Robert Lemus, of Hughes Arrell Kinchen LLP, in Houston, represent Dufossat Capital Puerto Rico, LLC; Dufossat Capital, LP; Dufossat Capital I, LLC; Dufossat Capital GP, LLC, and company founder Ashton Soniat. The first two years were good for the business, Leary said, with bitcoin prices rallying 30-fold over the course of 2016 and 2017. The entities were the only members of Coinmint. In Bitcoins early years, a crypto enthusiast could mine coins by running software at home, but as digital assets have become more popular, the amount of power necessary to generate Bitcoin has soared. Coinmint was founded in 2016 as a private Bitcoin mining firm, exclusively for high net worth private clients. records, Lawsuits, Liens, Bankruptcies & sex offender status for Ashton Soniat. No personal appearance. MyLife aggregates publicly available information from government, social, and other sources, plus personal reviews written by others. Cision Distribution 888-776-0942 endobj Last month, Coinmint revisited the idea of selling hashpower. <> Case Summary On 12/27/2013 SCHWAUSCH, MARK filed an Other lawsuit against SONIAT, ASHTON. Two other people Ann H Soniat and Lessley H Soniat are associated with this address. Riot also took delivery of new 2,5000 Antminers from Bitmain in October. As cryptocurrencies have grown in value, Bitcoin mining has become a major industry. ashton soniat wedding. from 8 AM - 9 PM ET. Soniats lawyer says Leary is misleading people. The record indicated Leary was aware of, participated in, and supported this conversion. The court first found that CLTs cash infusions were capital contributions, and that Mintvest agreed to the informal dilution to 18.2 percent through Learys waiver of the formal procedures under the operating agreement. distillery district wedding cost. Coinmints story dates back decades before bitcoin was even invented. All Rights Reserved. They agreed that Leary would be the sweat equity partner, Soniat would be the financing partner, each would be 50 percent owners, and Mintvests interest would be diluted as Soniat provided more capital. This is bigger than cryptocurrency. <> The stars tied the knot this weekend, a source tells PEOPLE. Despite the distraction of the lawsuit, Coinmint has continued to focus on, and is committed to, building a world-class cryptocurrency-mining enterprise..
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