Ethereum Adviser Nerayoff to Sue US for $9.6B Over Dropped Charges, Alleges FBI Setup

• Steven Nerayoff, former Ethereum adviser, intends to sue U.S. government for $9.6B over dropped extortion charges • Nerayoff claims he was framed by FBI and prosecutors to get evidence on high-profile crypto figures • Notice of intent to sue first step before formally filing lawsuit against Department of Justice • Nerayoff alleges elaborate multi-year FBI setup to pressure him to share info on crypto industry • Charges against Nerayoff's co-defendant Michael Hlady also dropped after plea deal on unrelated charge