Manhattan Supreme Court. Photo: Ryland West/ALM Covington Hit With Crypto Inventor's Legal Malpractice Suit Seeking $100M
Steven Nerayoff claims Covington's Alan Vinegrad advised him not to share exculpatory information with prosecutors. A Covington spokesperson said "the lawsuit lacks merit."
September 06, 2024 at 05:48 PM
3 minute read
The original version of this story was published on New York Law Journal
What You Need to Know
- Steven Nerayoff, an early adviser to the blockchain platform Ethereum, has filed a legal malpractice lawsuit against Covington.
- Nerayoff claims that Covington attorneys failed to provide 'exculpatory evidence' to prosecutors in a federal criminal matter.
- A firm spokesperson said that 'the lawsuit lacks merit, and we will defend against it vigorously.'
A crypto inventor has filed a legal malpractice lawsuit against Covington & Burling, claiming that Covington attorneys failed to provide "exculpatory evidence" to prosecutors in a federal criminal matter he was facing and later indicted for.
The malpractice suit was filed in Manhattan Supreme Court on Friday on behalf of Steven Nerayoff, an early adviser to the blockchain platform Ethereum network. The suit claims that he "presented evidence of his innocence" in the criminal matter to Covington attorneys representing him, though was advised not to share it with prosecutors. The suit names Covington senior counsel Alan Vinegrad and partner Amanda Kramer as his lawyers at the time.
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