Shin

BACKGROUND

22 I granted summary judgment for ICON on its unjust enrichment counterclaim, which 23 sought restitution after plaintiff Mark Shin exploited a bug in its software 557 times to generate 24 13,950,558 ICX cryptocurrency tokens in his ICONex wallet (the “bug-generated ICX”). See Dkt. 25 No. 202 (Summary Judgment Order). Shin transferred millions of the bug-generated ICX to his 26 family and friends and sold millions more for other cryptocurrencies. 27 While Shin’s actions injured all ICX holders, it was ICON (as the founder of the ICON Network and the largest holder of ICX) that endeavored to right Shin’s wrong. When Shin’s exploitation of the software bug was first revealed, ICON offered him a “bug bounty” of $200,000 if he would return the bug-generated ICX. Shin rejected its offer. See Declaration of Min Kim [Dkt. No. 174] ¶ 88. When its private efforts to negotiate with Shin failed, ICON cooperated with prosecutors in the Colorado state court criminal action against Shin. Id. ¶ 89. Using information provided by ICON, the Federal Bureau of Investigation (the “FBI”) executed several seizure warrants on various cryptocurrency…