Court File No. CV-20-00645492-0000
Equibit Group Ltd. v. Attorney General of Canada et al.
Related: Four Critical Failures in the Sachkov Default · Auditing Justice Merritt’s Decision
On 21 December 2022 the Ontario Superior Court of Justice issued a default judgment for damages against Sergei Sachkov in the amount of $1,744,711. That assessment followed an earlier default on liability. In May 2023 Justice Loretta P. Merritt set the judgment aside. Both facts are on the Equibit lawsuit record.
The 21 December 2022 Damages Award
Read the Default Judgment for Damages here:
Place in the Equibit Lawsuit
The December 2022 assessment is a step in Court File No. CV-20-00645492-0000. It is not the last step. The set-aside, the four defects in the endorsement, and Canadian Judicial Council file 26-0478 are Four Critical Failures in the Handling of the Default Judgment Against Sergei Sachkov and the CJC complaint. This page records the award. Those pages record what happened to it.
Sergei Sachkov’s sudden disappearance in mid-2018, accompanied by the loss of critical source code, occurred at a pivotal and vulnerable time for the company. The Court’s award of damages formally quantifies part of the harm resulting from those actions.
Default judgments on both liability and damages are significant procedural victories. They demonstrate that when defendants fail to participate in the legal process after being properly served, the Court can and will render judgment based on the evidence presented by the Plaintiffs.
This outcome adds another enforceable judgment to the public record and further validates the serious nature of the claims made against key individuals involved in Equibit’s collapse.
The Broader Pattern
This damages award fits into the larger timeline documented on this site: regulatory pressure, insider betrayal, technical sabotage, and institutional resistance. The fact that certain individuals implicated in the destruction of a Canadian technology company have chosen not to defend themselves in court continues to raise serious questions about accountability.
For any citizen who expects the justice system to function fairly and impartially, these developments are both encouraging and concerning. Encouraging because the Court is willing to grant relief even against non-participating defendants. Concerning because the full scope of institutional involvement alleged in the case remains vigorously contested by the Government of Canada.
Moving Forward
The public documentation campaign at equibitlawsuit.com exists to ensure these milestones remain transparent and accessible to all. Every judgment, every filing, and every piece of preserved evidence contributes to the permanent record.
The full Factum of Equibit Group — the comprehensive evidentiary synthesis of the entire case — continues to advance and will be released in due course.
