Other blue states could potentially introduce legislation like this, based on the efforts of the environmental lobby, said John Olsen, the lead representative in New York for the Blockchain Association, an industry group that opposed the moratorium. endobj the amount of power necessary to generate Bitcoin has soared, existing projects like the highly debated one in Greenidge. Copyright 2023 McCarter & English, LLP. Katherine Thompson Soniat, American English educator, poet. MyLife aggregates publicly available information from government, social, and other sources, plus personal reviews written by others. Moreover, many go by their middle name or nickname personally and professionally, making a search for Trip, more fruitful if you search for William. We have a lot of work to do over the next six months.. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Leary traveled to Puerto Rico for two days to meet with Soniat, but his old buddy refused to talk with him. Theirs current phone number is (504) 897-0140. 5 0 obj Hochul's campaign received $40,000 from Ashton Soniat, the chairman & CEO of Coinmint, according to the New York Times. We use cookies to personalize & enhance your experience. 8 Dorado Bch E, Dorado, PR 00646-2046. The company has ramped up the purchase of its mining gear of late. When their company, Coinmint, bought a former Alcoa plant in upstate New York, they brought hope the new economics of cryptocurrencies would revive a region that suffered with the decline of American manufacturing. The partnership was created to downsize its power costs and a way for them to diversify their mining operations. <> <> Home; About; Podcast; Contact; ashton soniat wedding. Soniat loaned Coinmint more than $20 million, an obligation that until recently remained on the company's books. endobj There are publicly traded crypto mining companies like Riot Blockchain and Marathon Digital Holdings, worth hundreds of millions of dollars. (504) 897-0140 is Ashton's current phone number. RIOT Blockchain is a popular bitcoin mining firm based in Colorado. We can provide legal advice only to our clients in specific inquiries that they address to us. All Rights Reserved. endobj Thats certainly a concern.. Fm7xlGhHpg]VLM&EyKYWvA#+DIQYSj: 8Y7&94R!Y0ujJ+Ck4]+Bc'Qkc9pYNQAFrOnbI,X&om`'BGJ[np*2 k^cRivh/-F>U#jYnT=A9XW+J `mt(fW`FeA)$|a:kfnA|D$18?TH$=42IxBxnK WYCO=Xb9>p}RKy$|63%9o *#/rPK1+&x"D2+N*h+ hzz0,&@R`GWlx5+a48D7qo|-&~SvlJ.v !O?lLw0`>c H16"nY0t n#JerfeGakGqx6Bw8MxV\:{xIKOM5)1&%.M/+So#^wk:E>rO?#myDT2f,:hV:? The pension fund discussed blockchain as a future technology investment opportunity in a 2016 public forum. They come for the cheap electricity. However, by 2019, the relationship between Leary and Soniat had deteriorated, with Soniat discovering Leary was struggling to manage the company. to see possibly who they are and full class lists found from school records and public sources. Californias Public Employees Retirement System (CalPERS) now owns over 100,000 shares in bitcoin mining firm RIOT Blockchain following further stake made during Bitcoins late rally in December 2020. worst places to live in oregon. Any delay in signing the bill puts our state at a serious risk of many old, inefficient, retired power plants being purchased and turned back on for consolidated crypto-mining operations for private profit, Ms. Kelles said. endobj In phone interviews from his home in Miami Beach, Fla., Leary, 51, said he has put a lot of time, effort and money into Coinmint and he doesnt want his investment at risk. % He is more aggressive and a risk taker than me. Kathy Hochul to veto a groundbreaking bill that would temporarily halt new crypto-mining projects at fossil-fuel burning plants. As a subscriber, you have 10 gift articles to give each month. Founders of Massena cryptocurrency mine battle each other in court, Lewis County Sheriffs Office concludes search for missing Constableville woman, Troopers make interesting find while cleaning highway, Pay rise comes for New Yorkers, but some chafe at compromise, Your Turn: feedback on SNIRT Run changes, students working for school & 75th anniversary, Police helping to find man reported missing, Special prosecutor sought in case of fired Potsdam police officer. "Ashton is a trader," Leary said. It is not clear, however, whether Gov. So far, Coinmint is the only cryptocurrency miner to have established a large prescence in Massena. The Fair Credit Reporting Act ("FCRA") is a federal law that promotes the accuracy, fairness and privacy of information in the files of consumer reporting agencies. *1UKphxF{BT@[iUu Theyve wrestled in court over email servers and bank statements. Soniat said hes poured in almost all of the additional capital needed to fund Coinmints development and operations, and that Learys stake now amounts to just 18 percent. Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. wedding benediction examples Menu. Lauren Soniat (@laurensoniat) Instagram photos and videos laurensoniat Follow 938 posts 1,162 followers 616 following Lauren Soniat Ashton, Celine and Baby Ashton owner @ivluxpr This Account is Private Already follow laurensoniat? See endobj Find contact's direct phone number, email address, work history, and more. And at Coinmint in Massena, its a little bit more so these days. does qatar airways serve alcohol during ramadan 4. Another key feature is that its usually cold, with an average temperature of 44 degrees Fahrenheit (6.7 Celsius). Background Report for Ashton Soniat We were mostly party friends. BTC; between May 28, 2017 and July 10, 2017, SONIAT redirected 132.73 BTC; Come in on August 12, 2017 and September 6, 2017, SONIAT redirected 111.4358 BTC; and between On December 9, 2017 and . government sources. The court also found it could not equitably dissolve Coinmint, as it was no longer a Delaware entity. August 21, 2022; Browse all their registries in one list. Co-owner of energy hedge fund. <> endobj He can be reached by phone at (214) 546-5897 (New Cingular Wireless Pcs, LLC). <> <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 23 0 R/Group<>/Tabs/S/StructParents 1>> The regional electricity grid draws supply from nearby hydropower plants, once prized by the smelters. The McCarter & English, LLP website is for informational purposes only. Ashton was more on the financial side, Leary said. Environmentalists warn the extra draw on power from crypto mines could lead to more emissions from fossil fuel-burning generating plants, contributing to climate change. ALBANY, N.Y. Across the nation, some states are trying to entice cryptocurrency mining companies to set up shop, offering tax incentives in the hopes of creating jobs and of expanding their footing in the tech industry. Citations in the form of "SQO " refer the Both parties have formed a partnership that has extended for a period of time. The bitcoin network is months away from its next halving a once-every-four-years occurrence that some analysts say could drive prices even higher. Senator Liz Krueger, a high-ranking Democrat from Upper Manhattan, said she also called and texted colleagues to convince them to switch their votes, and lobbied others in-person at the State Capitol on Thursday night. stream 2023 PeopleConnect, Inc. d/b/a Addresses.com. The partnership was created to downsize its power costs and a way for them to diversify their mining operations. But Massena boasts natural resources that are attractive to bitcoin miners like Coinmint. We are actively hiring for multiple open positions and have even bigger plans for the future, so please join us. For the next two years, the bill would place a moratorium on new projects that utilize fossil-fuel plants to generate behind the meter electricity for crypto-mining, and require the state to study the industrys impact. Ashton Soniat's birthday is 08/15/1969 and is 53 years old. Y+ri$4GiMA2q !phl0w{/np=-uc^cJmlr`eJJe( EnZ_S! Ashton Soniat has been associated with twelve companies, according to public records. signs artemis is reaching out Likes. endobj Counsel may access the fillable form using the following link: www.nynd.uscourts.gov/content/general-order-12 (meb). Case docket: Manoj Ghayalod VS. Dufossat Capital Puerto Rico, LLC, Ashton Soniat, 16-03-03657 in Texas State, Montgomery County, 284th District Court, Cara Wood presiding, last filing 06/18/2018, filed 03/24/2016. Related: Coronavirus Controls in China Are Delaying Crypto Miner Deliveries, Firms Say. <>/Metadata 473 0 R/ViewerPreferences 474 0 R>> Whats more, its not uncommon for alternate data sources to be enter in misspellings or alternate spellings. Ashton is fifty-three. Appearances by Jon E. Crain, Jr., Esq. At the end of the day, my goal is to work this out. Reception to celebrate Brian and Alison's marriage! Leary went into the data-center business. Soniat es uno de los empresarios recientemente relocalizados a Puerto Rico gracias a los incentivos de las leyes 20 y 22. We assume that Paul Wade Groendes was among dwellers or residents at this place. Appearances by Jon E. Crain, Jr., Esq. Though estimates vary, there appear to be 19 mining operations in New York that are either fully operational or that could be by the end of the year, according to Assemblywoman Anna Kelles, a Democrat who sponsored the bill in the lower chamber. . Weve lined up a deal not only to resolve the current situation, but to bring the facility to its full capacity, said Leary. Riot also took delivery of new 2,5000 Antminers from Bitmain in October. ashton soniat wedding. Leary, who wasnt consulted on the BitOoda contract, says he really just wants a court-mediated solution to the whole affair. See The new production would come on line just in time for the halving, which under the terms of the bitcoin networks original protocol will cut in half the number of bitcoins awarded to miners for helping to confirm data transactions on the blockchain. Indeed, Coinmint Chief Financial Officer Michael Maloney said in an interview the planned expansion at Massena will add about 50 jobs, in addition to the roughly 100 employees who work there now. CEO - NCCS Successful Entrepreneur and Seasoned Operating Executive in FinTech Sector. The operating agreement also provided formal capital contributions procedures. This address has been used for business registration by Ashton Soniat. and Gabriella Levine, Esq. In an email, Soniat, 50, said he is prepared to defend himself against the spurious allegations and that Learys claims are baseless. In New York, lawmakers have moved in a different direction: In the waning hours of its 2022 session, the State Legislature last week unexpectedly passed a bill that would impose a two-year ban on new cryptocurrency mining permits, specifically at fossil-fuel burning plants, which some businesses have repurposed to power the energy-intensive activity. In addition to the bids from private equity firms, Coinmint attracted interest from Chinese investors but Soniat didnt want to engage. Instead, the Act explicitly distinguished between domestic and foreign LLCs. "He is more aggressive and a risk taker . Reply to Response to Motion due by 5/6/2019. This is about, will New York be an open and inviting place to do business and engage in emerging technologies.. Six of the companies are still active while the remaining six are now listed as inactive. When Coinmint opened, the company said they could eventually employ 150 people. Blockchain, Smart Contracts & Digital Currencies, Delaware Corporate, LLC & Partnership Law, Government Investigations & White Collar Defense, Insurance Recovery, Litigation & Counseling, Products Liability, Mass Torts & Consumer Class Actions, Transportation, Logistics & Supply Chain Management, Venture Capital & Emerging Growth Companies. Defendants also agree to accept service by waiver. Shelton, Ashton. Leary preferred not to document all happenings, and so would frequently make informal requests for funds from Soniat; Soniat would then provide the funds necessary to support Coinmints operations, some in the form of loans and others as capital contributions. Case Summary On 12/27/2013 SCHWAUSCH, MARK filed an Other lawsuit against SONIAT, ASHTON. Ms. Hochul has previously said that she was open minded about the moratorium, but that she was also mindful of not enacting legislation that could impede job creation in the upstate communities, where many of the mining operations are based. He added that Learys description of the private equity offers is categorically false., Coinmint is a private company and Soniat declined to disclose financial details, but noted: Ive provided the vast majority of money for the growth of the company through equity injections.. When investing your capital is at risk. 16 0 obj Last month, Coinmint revisited the idea of selling hashpower. The Judge overseeing this case is URSULA A. Randall M. Foret, of the Law Office of Randall Foret, in Houston; Michael Wynne, of Gregor Cassidy Wynne, PLLC, in Houston; and Robert Lemus, of Hughes Arrell Kinchen LLP, in Houston, represent Dufossat Capital Puerto Rico, LLC; Dufossat Capital, LP; Dufossat Capital I, LLC; Dufossat Capital GP, LLC, and company founder Ashton Soniat. Access this case on the New York Northern District Court's Electronic Court Filings (ECF) System. HOUSTON, Oct. 7, 2019 /PRNewswire/ -- A federal court affirmed the findings of the magistrate judge who ruled that Pallavi Ghayalod acted in concert with her husband, Manoj Ghayalod, to "obstruct. The groundbreaking legislation, which would make New York the first state to enact such a moratorium, has the potential to influence regulations in other states or at the federal level. ashton soniat wedding 03 Jun. 11 0 obj Its difficult to get a loan from a traditional financial company like a bank, Maloney said. The town has been hit hard in recent decades by factory closures. In the meantime, Coinmint is moving ahead with an expansion of the Massena plant. Bitmain sold the miners to Riot. I think the majority of members still dont understand the industry and the technology, said State Senator Jeremy Cooney, a Democrat from Rochester, who opposed the moratorium. But just as they should be preparing for the impending halving of bitcoin in May an era-defining moment for the industry the four-year-old company is now grappling with an existential threat: a lawsuit filed in a Delaware court by one of its two co-founders, who is seeking nothing less than the dissolution of the company and liquidation of its assets. Before that happens, the partnership that owns Coinmint may itself be halved, along with the lifelong friendship of its co-founders. While some Democrats facing potential primaries from the left came under pressure to support this and other environmental legislation, others spoke out forcefully against it, arguing it would kill jobs and unfairly target one industry while letting other energy-intensive industries off the hook. Now hes locked out of Coinmint. Post or read reviews for Ashton Soniat Defendant Ashton Soniat is an individual resident of Puerto Rico. This is a significant setback for the state and will stifle its future as a leader in technology and global financial services.. Besides buying high-powered mining gear, RIOT is also working with partners to bolster its operations. endobj (Court Reporter Lisa Tennyson) (tab), CLERK'S CORRECTION OF DOCKET ENTRY: The Clerk has corrected the receipt number in the docket text for the #1 Notice of Removal. If folks want to do cryptocurrency mining in the state of New York, which Im very open to, then we need to do it in a sustainable way, he said. 14 0 obj for Defendants. Executives with the project have been lining up financing to install another 40 megawatts worth of capacity by May. Soniats side says 49 contractors working at Coinmint recently became company employees. <> In an example of the rising costs of crypto mining, Coinmint went so far as to pay $15,000 a month last year to retain a New York-based public affairs adviser, Michael McKeon of the consulting firm Mercury. Both men had endured acrimonious breakups in prior business ventures that ended in courtroom disputes, but the cryptocurrency venture provided new grounds for optimism. x\mSHNA-..*c VYpv.u`6k]w%3hqaYfW$|p8/cvS.8t2h"\,0;NEww~)wwNxe&zw@2$I`7.q|`1,(n&zLR20)80 4yTM@]() ' ^]bk(JRYTWDmV'y*Wv2gi o~&,\z(AlbVnQsWI~:\]>w\_-!I~(EUXP'MU9N68ya tTW meU.v*x,[U:08#x3`K38lKCH ;uzzx{wW_V8{ni>^Y:>W+O^2fH+;GRRR }\c?9jJ"/~uei\pJdL ~5.6- Use the links below to access additional information about this case on the US Court's PACER system. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> These partner-friend breakups can be the most unfortunate, Leary said. Texas federal court affirms sanctions against Pallavi Ghayalod, her husband Manoj Ghayalod, and her company, Arya Risk Management Systems, Pvt. "Ashton is a trader," Leary said. Powerful computers plug into the Bitcoin network and perform complex mathematical tasks to confirm the legitimacy of transactions, making quintillions of numeric guesses a second. Lobbyists from two national groups the Blockchain Association and the Digital Currency Group also inserted themselves into the debate in New York, seeing the defeat of the bill as necessary to avoid similar legislation from spreading nationwide. This section can be locked, requiring permission to The dispute centered on Coinmint, LLC (Coinmint), a private bitcoin mining firm founded in 2016 by two childhood friends, Prieur Leary and Ashton Soniat. In mid-2018, Coinmint said it would invest as much as $700 million in the Massena facility, creating an estimated 150 jobs over the ensuing 18 months, CNBC reported at the time. Note that the content on this site should not be considered investment advice. You may not use any information obtained from Intelius for any purpose covered by the FCRA. He thought they were low-ball offers.. If you can get married there, do it. Partner at Westoaks Energy, LP is presently Ashton's occupation. CnHM O-k Leary wants the court to dissolve and sell the company. The stars tied the knot this weekend, a source tells PEOPLE. efe obada wife. Smart entrepreneurs going into the field of cryptocurrency will realize they can build a better mousetrap and get us to buy that if theyre not destroying our environment, she said. Today, through its operating subsidiary NCCS, Coinmint operates one of the largest digital currency data centers in the world, in a former Alcoa Aluminum smelter in Massena, NY. CONTACT: Erin Powers, Powers MediaWorks LLC, for Gregor Cassidy Wynne, PLLC, 281.703.6000 or [emailprotected]. All Rights Reserved. newcastle castle wedding. As of the most recent census estimates, Massena had an unemployment rate of some 21 percent, more than five times the current U.S. average. Soniat loaned Coinmint more than $20 million, an obligation that until recently remained on the company's books. <> Who's Searching for You, Relatives, Associates, Neighbors & Classmates, Court records found on Ashton's Background, Lawsuits, Liens or Bankruptcies found on Ashton's Learys actions are simply another misguided attempt to bolster his financial standing at the expense of a company in which he owns an interest, the statement read. By using this website you agree to our terms and conditions and privacy policy. Also unaffected are boutique crypto miners, like individuals who operate from their homes, an important distinction meant to preserve cryptos potential benefit to marginalized people, according to Ms. Kelles. It made sense, Soniat said in a phone interview from Puerto Rico. The entities were the only members of Coinmint. For Facebook, try using https://www.facebook.com/search/top/?q=ashton-soniat; for LinkedIn, try https://www.linkedin.com/search/results/people/?keywords=ashton-soniat. A 10 minute recess is called. Even so, environmental groups kept clamoring, and so did Ms. Kelles, who called and texted her counterparts in the Senate to lobby them directly. endobj A far larger political gift has gone to Ms. Hochuls lieutenant governor, Antonio Delgado, who is facing two primary challengers this month. Cash infusion in the form of a loan would not impact a members equity stake or have a dilutive effect, while capital contributions would affect the voting power of the members. Soniat loaned Coinmint more than $20 million, an obligation that until recently remained on the companys books. We have worked hard to provide the best mining services at the lowest cost to institutional BTC miners. CEO of Coinmint Ashton Soniat explained in the release. Check all background information that MyLife has gathered. We had a group of guys that all hung around together, and he was in our group.. They agreed that Leary would be the sweat equity partner, Soniat would be the financing partner, each would be 50 percent owners, and Mintvests interest would be diluted as Soniat provided more capital. A political action committee backed by a major cryptocurrency exchange has spent $1 million to support the campaign of the lieutenant governor, Antonio Delgado, left. He said the company is low on cash reserves, even as it needs a significant jolt of new capital to fund needed expansions and upgrades.
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