Crypto Lawsuit Over AI16Z Is Delayed By Lax Service of Process in SF As DAO Unrepresented

Crypto Lawsuit Over AI16Z Is Delayed By Lax Service of Process in SF As DAO Unrepresented by Matthew Russell Lee, Patreon Book Substack SDNY COURTHOUSE, May 19  – A damages case against a crypto promoter was heard but put over on May 19 by U.S. District Court for the Southern District of New York Judge Jed S. Rakoff due to lack of diligence in serving the lead defendant. Inner City Press live tweeted it to the end. A co-defendant, it emerged off the record, is in Australia and will require a lengthy Hague Convention process. The thread: OK, now in case against Shaw Walters and Eliza Labs and "AI16Z DAO" - DLA Piper says they represent the first two, but the DAO can't be sued.  Judge Rakoff: Why haven't you served Mr. Walters? Plaintiffs' lawyer: We sent a process server to his address. Judge: Where? Plaintiffs' lawyer: In San Francisco. He was unavailable. Judge Rakoff: I am not going to move the case forward on this basis: 1 attempt?  Judge Rakoff: We are going to move this- excuse me! - 2 weeks, & you must have a full written report on your efforts to serve Mr. Walters. June 2 - but I'm at the judicial conference, the first week of June - so Friday June 5 Deputy: An 11 am VOSR. Judge: So 10 am   Judge: OK. Counsel: Excuse me- Opponent: The judge hopped off.  Counsel: Sebastian Quinn-Watson is a resident of Australia, so it will take months under the Hague Convention Opponent: None of this should be on the record [Why not?] Adjourned The case is Pikabea v. Walters et al., 1:26-cv-3238 (Rakoff)  *** Your support means a lot. As little as $5 a month helps keep us going and grants you access to exclusive bonus material on our Patreon page. Click here to become a patron. Feedback: Editorial [at] innercitypress.com Mail: Box 130222, Chinatown Station, NY NY 10013 Other, earlier Inner City Press are listed here, and some are available in the ProQuest service, and now on Lexis-Nexis.  Copyright 2006-2026 Inner City Press, Inc. To request reprint or other permission, e-contact Editorial [at] innercitypress.com