Court of Appeals affirms $29M Disgorgement in cryptocurrency lawsuit
On June 15, 2023, the Thirteenth District Court of Appeals affirmed a Travis County district court’s jury verdict and the court’s final judgment in Ahlgren III v. Ahlgren Jr., stating the evidence supported a finding that an express or informal trust existed and was breached.
Read the court's opinion here.
In 2026, after extensive post-judgment proceedings that included contempt proceedings and court-ordered civil confinement, the matter was resolved by mutual agreement without admission of liability by any party.
SDM Team:
Abe Kuczaj, Ryan Squires, Jane Webre