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The harassment claim brought by GSPartners against Chris Saunders has been dropped.

GSPartners’ Ponzi scheme was covered and criticized by Saunders on his YouTube channel Grit Grind Gold, which he owns and runs.

Owner Josip Heit and promoters Michael Dalcoe and Antonio (Tony) Euclides Menesis De Gouveia took notice of this and in late 2021 sued Saunders for harassment.

Sunders’ creation of films on the Ponzi scheme, according to Heit and the GSPartners Plaintiffs, was defamatory.

Heit also took offense by Saunders bringing up his involvement in the failed KBC Ponzi scheme run by Karatbars International.

A stipulation of dismissal was submitted on July 29th by GSB Gold Standard Corporation AG, Josip Heit, Michael Dale, and Tony De Gouveia.

Defendant Christopher Saunders signed a declaration about the aforementioned situation on July 29, 2022.

Plaintiffs GSB Gold Standard Corporation AG, Josip Heit, Antonio Euclides Menesis De Gouveia, and Michael Dale hereby stipulate the dismissal of all claims in this matter without prejudice by the Saunders’ Declaration. This is done through counsel and with the signature and consent of the attorney for Defendant Christopher Saunders.

The aforementioned condition from Saunders reveals he was given

Mr. Ovidu Toma received $5,000 in bitcoin in exchange for making the Statements and Allegations against the Plaintiffs.

Since January 2020, Mr. Ovidu Toma has been giving me records and materials that attest to Mr. Harald Seiz’s participation in the alleged misconduct by Karatbars.

Ovidiu Toma, formerly the Chief Technology Officer of Karatbars International, is referred to as “Ovidiu Toma”.

Toma now serves as CEO of CryptoData. Out of Romania, CryptoData sells cryptographic hardware.

Returning to Saunder’s assertion;

I was aware, through firsthand knowledge of facts and documents, that any alleged wrongdoing committed by Karatbars about its Miami crypto bank and the release of KBC/KBC tokens was committed by Karatbars’ CEO, Mr. Harald Seiz, and that said wrongdoing was committed before any affiliation between Karatbars and GSB/Mr. Heit.

Making this kind of compromise seems odd. Heit had a significant role in Karatbar’s first venture into fraudulent cryptocurrency securities.

Seiz is presented as a “major investor and Board Member” of Karatbars International in an interview from April 2019.

In Dubai at the time, Karatbars was promoting a “blockchain phone.”

When questioned about his remarks made at the gathering, and I quote;

You mentioned the KBC coin. You mentioned that it might contain one kilogram of gold. Can this happen?

Heit answered;

Without a doubt, that is doable. Nobody thinks and a lot of people are with us at the proper time and can join us.

We only recently reached a market valuation of roughly $300 million, or before two weeks. And we now number about a billion.

And still, the mainnet has not been accomplished. And when the main net is implemented, which will happen very soon, in a few months, I can assure you that our market capitalization will exceed $200 billion.

Heit and Seiz had been boosting Karatbars’ KBC for months when the July 4th, 2019 hype event occurred, and the KBC Ponzi coin dropped by 62%.

Instead of Harald Seiz, Josip Heit was dispatched to speak to irate investors and explain the collapse.

Over the ensuing months, KBC kept dumping until it was finally abandoned. Heit had paid out by the end of 2019, departed Karatbars, and started his own Ponzi-spinoff company, GSPartners.

Ponzi coins from GSPartners have performed no better than KBC. Wash trade, which I think is progressively depleting GSPartners’ other Ponzi coin LYS, is supporting G999.

G999 is wash traded for around $0.002413. LYS is still depleting at $66.78.

GEUR was introduced earlier this month as a result of the persistent failure of G999 and LYS to take off.

GEUR is anchored to the euro by GSPartners and Heit. GEUR is thought to have been developed as a result of GSPartners investors no longer wanting to be left holding the bag for G999 and LYS.

GEUR doesn’t exist outside of GSPartners as of the time of writing. GEUR is being used by GSPartners to support its most recent metaverse certificates 300% ROI Ponzi relaunch.

If a settlement between GSPartners and Saunders was reached, it has not been made public.

Saunders has not withdrawn any of his previous GSPartners-related assertions, except his erroneous assertion that Heit wasn’t involved in Karatbars’ KBC scam.

The court authorized the GSPartners Plaintiff’s Stipulation of Dismissal on August 2. Saunders’ harassment claim against Gartner is now over.

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