NYC Atty Takes $5M Crypto Loss Dispute To 2nd Circ.

Law360 (September 15, 2020, 5:05 PM EDT) — A Manhattan attorney accused of blowing up a big-ticket bitcoin deal gave notice on Monday that he’s asking the Second Circuit to reverse his $5.2 million arbitration loss over the soured transaction.

Aaron Etra is fighting a New York federal judge’s August ruling that Etra had “only himself to blame” for the arbitration award against him over the release of some $4.6 million he’d held in escrow for a bitcoin purchase that left the would-be buyer — a San Francisco investment firm — “without any bitcoin.”

U.S. District Judge Alison J. Nathan also noted in August that Etra failed to show…

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