Security Token Startup Founder Arrested on Sexual Assault Charges, Toronto Police Say

in news •  4 years ago 

Trevor Koverko resigned from the CEO role at Polymath on Feb. 8, his co-founder and interim successor said. He was arrested March 14, police said.
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The founder of a security token startup has been arrested on charges of sexually assaulting a minor, Canadian authorities said.

Trevor Koverko, former CEO of Polymath, was taken into custody on March 14 by Toronto police, a spokesperson for the department, Caroline de Kloet, told CoinDesk Wednesday. He has apparently deleted his Twitter.

Koverko has been charged with “sexual interference with a person under 16 years of age” (Section 151 of Canada’s Criminal Code) and “sexual assault” (C.C. 271), said de Kloet
Chris Housser, Polymath’s other founder and interim CEO, said Koverko resigned from his role at Polymath on Feb. 8, 2021, well before the arrest.

“He doesn’t have any role with the company so any potential allegations are completely unrelated to Polymath,” Housser said.

A lawyer for Koverko could not immediately be located. The Toronto police spokesperson said Koverko is due in court on May 7. An initial virtual hearing took place on March 14.

Koverko and Housser founded Polymath in 2017 as a firm that can support security tokens on its native Polymesh blockchain (though it originally operated on Ethereum). It raised $59 million through an initial coin offering in 2018.

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What do you think? Did he really do that, or is it another false accusation to get attention?

I hope that the judges will get him a fair sentence. Such cases are often nowadays, but it does not give us the right to tell that they all are false.
OFC, there are some false ones, but we need to prove that the accusations are false before saying anything. There are lawyers like https://ucmjdefense.com/military-sexual-assault-defenses-mistake-of-fact-explained-by-a-military-defense-lawyer.html that can help the defendant to get a better sentence. The accusing party won most such cases because the jury tends to believe them more. I think that we just need a better system for such cases.