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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.

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