Trevon James Brown’s BitConnect settlement conference has been delayed till April 2025.

After telling the court he
couldn’t pay his BitConnect fines
last year, James was appointed pro-bono counsel on January 2nd.

On January 23rd, James’ new counsel filed a consent letter with the court, requesting the upcoming February 7th settlement conference be postponed.

As discussed during the conference held before the Court on January 7, 2025, it is Mr. Brown’s position that a portion of the proceeds that the Securities and Exchange Commission (“SEC”) has alleged that Mr. Brown obtained through unlicensed broker-dealer activities, equal to 83.85 Bitcoin, was stolen from Mr. Brown in 2017.

Mr. Brown has recently become aware that this stolen Bitcoin was recovered by the Department of Justice in United States v. Anthony Tyler Nashatka … and that he may be able to recover such assets during an upcoming restitution hearing scheduled for March 27, 2025, in the Northern District of California.

Anthony Nashatka was
indicted
in 2019 on charges related to hacking the EtherDelta exchange.

According to the indictment, in December of 2017, Nashatka conspired to target a cryptocurrency exchange platform to obtain the private keys and other information of hundreds of its users as part of a scheme to steal the users’ cryptocurrency.

The indictment further describes how the defendants unlawfully used the identity of a victim to gain access to the platform’s domain name settings, caused the transmission of a command to disable all of the cryptocurrency company’s servers, diverted users from the actual platform to a fake website, and fraudulently induced victims to input their cryptocurrency addresses and private keys into the fake website.

The indictment alleges between December 20 and 21, 2017, Nashatka and his co-conspirators logged the credentials of hundreds of victims, stole their cryptocurrency, and transferred approximately $600,000 in cryptocurrency to one cryptocurrency address controlled by Nashatka and his co-conspirators.

In addition, using this fraud scheme, Nashatka and his co-conspirators stole and additional $800,000 from a single victim on December 26, 2017.  The investigation to identify additional victims is continuing.

Perusal of Nashatka’s case docket reveals a change of plea hearing was held on May 19th, 2021. I believe Nashatka pled guilty on this date (Nashatka’s docket is full of sealed filings making it difficult to follow).

The last entry of Nashatka’s case docket is an amended judgment filed on December 19th, 2024.

In the judgment it is confirmed Nashatka pled guilty to one count of conspiracy to commit wire fraud. The sentence imposed is three years of probation and unspecified restitution.

Trevon James, as Trevon Brown, is cited in Nashatka’s “special conditions of supervision”;

You must have no contact with the victims, including Romein Rostami, Albert Chang, Christopher Ware, Victor Yarmus, Zack Coburn, and
Trevon Brown
,

🤖 Quick Answer

What happened to Trevon James Brown's BitConnect settlement conference?
Trevon James Brown's BitConnect settlement conference, originally scheduled for February 7, 2025, was postponed to April 2025. After declaring inability to pay his BitConnect fines, Brown was appointed pro-bono counsel on January 2, 2025. His new attorney filed a consent letter on January 23 requesting the postponement.

Why was the BitConnect settlement conference delayed?
Brown's newly appointed pro-bono counsel requested additional time to address his legal position. Brown contends that 83.85 Bitcoin, which the Securities and Exchange Commission alleged he obtained through unlicensed broker-dealer activities, was stolen from him in 2017 and subsequently recovered by the Department of Justice.

Who is Trevon James Brown in the BitConnect case?
Trevon James Brown, known

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