Eric Pinkston appears to suppose he can pull a bitcoin quick one on the FTC.
Evidently the regulator has had sufficient. In an April twenty sixth submitting, the FTC has requested Pinkston be held in contempt.
As a part of an FTC lawsuit filed towards Pinkston for selling fraudulent schemes, he was ordered to liquidate any held cryptocurrency.
Pinkston (proper) and his fellow defendants got the chance to argue towards liquidation. They did and misplaced.
That was finalized again in October 2018. As of April 2019, the FTC writes;
Defendant Pinkston didn’t adjust to the Order to Liquidate.
Particularly, Defendant Pinkston has didn’t state or present proof that he has complied with the Order.
This Courtroom ought to discover Defendant Pinkston in contempt for failing to adjust to the Order.
The FTC argues Pinkston has “wilfully didn’t comply” with the liquidation order, and has requested a present trigger listening to.
Again in January Pinkston’s legal professionals tried to give up however have been denied by the court docket.
Causes cited for the withdrawal prompt failure to meet monetary obligations on Pinkston’s behalf.
The court docket denied the withdrawal, pending the appointment of substitute counsel.
Up to now there’s been no indication on the case docket to recommend Pinkston has discovered new counsel.
Pinkston, together with co-defendants Scott Chandler, Louis Gatto and Thomas Dluca, are going through a felony trial on September sixteenth.