GSPartners has abandoned its harassment lawsuit against against Chris Saunders.

Saunders own and operates the YouTube channel Grit Grind Gold, which he used to report on and criticize the GSPartners Ponzi scheme.

This attracted the attention of owner Josip Heit and promoters Michael Dalcoe and Antonio (Tony) Euclides Menesis De Gouveia, who filed a
harassment lawsuit
against Saunders in late 2021.

Heit and the GSPartners Plaintiffs claimed Sunders making videos on the Ponzi scheme constituted defamation.

Heit also took particular offense to Saunders pointing out his role in Karatbars International’s failed KBC Ponzi.

On July 29th GSB Gold Standard Corporation AG, Josip Heit, Michael Dalcoe and Tony De Gouveia filed a stipulation of dismissal.

On July 29, 2022, Defendant Christopher Saunders executed a declaration in connection with the above-captioned matter.

Pursuant to the Saunders’ Declaration, Plaintiffs GSB Gold Standard Corporation AG, Josip Heit, Antonio Euclides Menesis De Gouveia, and Michael Dalcoe, by counsel and with the signature and agreement of counsel for Defendant Christopher Saunders, hereby stipulate to the dismissal without prejudice of all claims in this matter.

The referred to stipulation from Saunders reveals he received

five thousands dollars in bitcoin from Mr. Ovidu Toma in connection with making the Statements and Allegations against Plaintiffs.

Since January 2020, Mr. Ovidu Toma has been providing me with documents and materials (that) corroborate Mr. Harald Seiz’s role in Karatbars’ purported wrongdoing.

“Ovidu Toma” refers to Ovidiu Toma, Karatbars International’s former Chief Technology Officer.

Today Toma heads up CryptoData as CEO. CryptoData sells crypto bro hardware out of Romania.

Getting back to Saunder’s declaration;

I was aware, via first-hand knowledge, of facts and documents that any purported wrongdoing carried out by Karatbars in connection with its Miami crypto bank and the issuance of KBC/KBC tokens was perpetrated by Karatbars’ CEO, Mr. Harald Seiz, and that said wrongdoing was perpetrated before any affiliation between Karatbars and GSB/Mr. Heit.

This is a strange concession to make. Heit was very much the face of Karatbars first foray in to crypto securities fraud.

In an interview dated April 2019, Seiz is introduced as a “big investor and Board Member” of Karatbars International.

At the time Karatbars was shilling a “blockchain phone” in Dubai.

When
asked about his statements at the event
, and I quote;

You talked about the KBC uh coin. You said it’s possible that it will be 1 kilogram of gold. Is this really possible?

Heit responded;

Yes, of course it’s possible. Nobody think and many people recognize in uh, right time and there with us and they can join us.

We have last week, or before two weeks, we have just market capitalization of about 300 million dollar. And now we have almost one billion.

And still is it not realized mainnet. And when the mainnet will be realized,

🤖 Quick Answer

What was the outcome of GSPartners' harassment lawsuit against Chris Saunders?
GSPartners abandoned its harassment lawsuit against Chris Saunders on July 29, 2022, filing a stipulation of dismissal. Saunders operated the YouTube channel Grit Grind Gold, which documented GSPartners' Ponzi scheme operations and criticized company owner Josip Heit's involvement in previous fraudulent ventures.

Why did GSPartners initially file the lawsuit against Saunders?
GSPartners owner Josip Heit and promoters Michael Dalcoe and Tony De Gouveia filed the lawsuit in late 2021, claiming Saunders' critical videos constituted defamation. Heit was particularly offended by Saunders exposing his connection to Karatbars International's failed KBC Ponzi scheme.

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