Virtually, legally and possibly physically speaking, too.
On August 31, 2017, Silver Miller Law opened up shop:
Nationally-accomplished lawyers David C. Silver and Jason S. Miller today proudly announce the formation of Silver Miller (www.SilverMillerLaw.com), a law firm focused on business litigation and representing victims of financial fraud — all on a contingency-fee basis. The firm believes that if it is not able to secure for a client any recovery of the client’s financial losses, the client should not pay the firm anything for its services. “Our clients have already suffered financial loss; and our job is to help them recover as much of that loss as possible, not to force upon them additional financial burden,” said David Silver.
A contingency-fee law firm is not cheap to start up. For a start, you have to cover the cost of the lawsuit, and then bear the risk the lawsuit may not pay out at all. It’s essentially commission-only for a very long period of time.
The first case the two lawyers prosecuted was Monkey Capital … oh, and Daniel Harrison. It’s a bizarre case for a number of reasons:
- It seems so small-time compared to Bitconnect, Coinbase, Nano Ledger, Gigawatt and all the other cases they brag about, and yet it comes with 3 times the amount of press attention as any of their other cases
- The case concerned mentions me personally by name in every headline (see here, here and here). The article they paid a reporter to write about me in the Times also peculiarly does the same thing. That would not be surprising if I was Tom Cruise. But I am not that famous — nowhere near that famous. Why is “Daniel Harrison” a compelling headline? It’s almost as if someone is trying in vein to get me into search engines.
- On account of the press, CoinDesk ran an article alleging I had been defaulted by the judge initially back in July. I pointed this out to him and he replied, “sorry, that was our screw-up.” I asked him if he could feature my comment aside Silver Miller’s 104 words, and yet no response was given. In other words, this is expensive PR. They have practically bought the press, CoinMarketCap and whoever else.
- Despite what must be enormous costs of going after me in this way, not to mention the time and energy taken to do so, there is practically no certainty that there will be any payout whatsoever. Even if Messrs. Silver and Miller won the lawsuit, I would have to declare bankruptcy. That means no payout. Why would two contingency-fee attorneys take on this case in the first place? It represents terrible risk.
- The facts stated in the case are by and large completely false. They were a similar version to Peter Spina’s garbage article and a video they made and took down alleging all sorts of things done wrong which were not. Also, the desire to put my name in headlights again resonates with those Peter Spina missives.
- One of the plaintiffs tried to get 30 bitcoin that he claimed he had lost by playing Coeval, a token I issued which subsequently fell in price, and when I asked him for preliminary information to establish the loss, he told me “fuck you.” Another of the plaintiffs had already cleared me beforehand having audited all the wallet addresses. And the others I have never heard of before.
- Despite the PR, regulators have not been the slightest bit interested in this case as I did what you are supposed to do when you read a regulatory announcement cautioning off ICOs: I cancelled the ICO.
Overall, there is something unique about the case — the intensely personal nature of the attack by these random ICO players I have never before met or even talked to during the campaign, on a one-on-one basis. It is fuelled with the same sort of intensely personal hatred you used to find in our community’s chat rooms and on Twitter.
These people don’t even know me, and nearly everyone in that crowd walked away ahead in money terms anyway. If they didn’t they merely lost whatever they had initially made on Coeval gains (not all, but most). Either way, the case smacks of some sort of personal vindictiveness designed not at all to be anything like a regular civil lawsuit but something almost criminal in nature.
For instance, Silver Miller openly and presumptively stated to the Judge in our mutual communications that they would try and resolve the lawsuit outside the courts but anticipated trial was almost certainly necessary. Why? They have not contacted me once to ask if I would settle with them. In lawsuits of this type, it is not normal to spend a fortune on expensive PR programs before seeking some form of early arbitration. Further, the lawsuit shows up on the web pages of a number of attorneys (do a search for it). In other words, this ain’t small budget stuff. Whoever financed their law firm wanted me and my assets dead, pronto.
So, on August 31, 2017, that is exactly what they did. Only a week later, and Waves DEX cut the price feed for the best-performing asset I had created, Coeval:
At the time I asked CoinMarketCap why they could not recorrect the price data, and they replied saying that they would re-list the asset once it was in alternate form. They refused again when I asked them the next time and have refused all the assets I have ever put out since.
I will keep this simple: there is only one conclusion to be drawn from the facts as presented above. Someone gave Silver Miller a bunch of money to start their own law firm and to sue me. They gave very clear instructions that I was to be absolutely wiped out in every sense; humiliated, destroyed, whatever, and clearly, since all these parties take huge back-handers to encourage, they didn’t care what the cost was either.
Who could this be? That will be the subject of a future post on this fascinating tale. It’s nothing whatsoever to do with cryptocurrencies, though. Stay tuned.
When Someone Wants You Dead was originally published in Data Driven Investor on Medium, where people are continuing the conversation by highlighting and responding to this story.