Bitcoiin defendant John Demarr will give up $3,513,305.14 as a part of his plea deal with the DOJ.
DeMarr’s forfeiture settlement is detailed in a letter movement filed on December twenty first, 2021.
The movement consists of an connected proposed order, which identifies the $3.5 million as being derived from DeMarr’s legal conduct.
The order states ‘the Forfeiture Cash Judgment shall be paid in full on or earlier than July 30, 2021′, which I’m assuming is a 2022 typo.
Of further notice is that the forfeiture quantity
is to not be thought of a fee of a nice, penalty, restitution loss quantity or a fee of any revenue taxes which may be due, and shall survive chapter.
This implies DeMarr might be up for extra monetary penalties at sentencing.
DeMarr is at present scheduled to be sentenced on April eighth, 2022.
Replace sixth February 2022 – On January eleventh DeMarr’s sentencing was rescheduled once more for April fifth.
Replace seventh April 2022 – DeMarr’s sentencing listening to was held on April fifth however didn’t lead to a sentence.
DeMarr seems to have objected to the DOJ’s Pre-sentence Report. And no matter that objection was, it was unable to be resolved on April fifth.
Because of this DeMarr has been directed to file his PSR objection by April eleventh. The DOJ will then file a response by April thirteenth.
Pending decision of DeMarr’s objection(s), keep tuned…
Replace twentieth Could 2022 – DeMarr has a brand new sentencing listening to scheduled for Could twenty fifth.
Replace twenty sixth Could 2022 – On Could twenty fourth Decide Corridor made the next order:
The sentencing listening to scheduled for Could 25, 2022, is ADJOURNED to November 14, 2022.
No rationalization for the adjournment was given. I’m considering it might need one thing to do with Kristijan Krstic’s disappearance.
Replace twenty sixth September 2022 – On August thirty first DeMarr’s sentencing was postponed once more:
The sentencing listening to scheduled for November 14, 2022, is ADJOURNED to January 31, 2023.
As with the earlier delays, no rationalization was offered.
Replace 1st February 2023 – John DeMarr has been sentenced to five years in jail.