On October 27, 2023, Equibit Group Ltd. and Chris Horlacher filed their Reply to the Defense of Sergei Sachkov in the Ontario Superior Court of Justice.

This document responds point-by-point to the defense submitted by Sachkov after years of non-participation, during which default judgments on both liability and damages had already been entered against him.

The Reply

Read the Reply to Defense here:

Context and Significance

Sergei Sachkov served as Equibit’s lead core protocol developer. His sudden disappearance in mid-2018, accompanied by the loss of critical source code, occurred at a pivotal moment and contributed significantly to the company’s collapse. After being properly served and failing to defend the action for years, default judgments were granted. Sachkov’s eventual late appearance and filing of a defense necessitated this formal Reply.

The Reply maintains the Plaintiffs’ position and shatters the assertions made in Sachkov’s defense, reinforcing the serious nature of the original claims.

The Broader Pattern

This exchange is another chapter in a case defined by delay, evasion, and procedural complexity. Key individuals implicated in the destruction of Equibit have repeatedly engaged with the legal process only after significant judgments were already issued against them.

For any citizen who expects timely and fair administration of justice, these patterns are troubling. When those accused of harming a Canadian technology company can avoid meaningful participation for years, only to re-enter the proceedings after defaults are entered, it raises legitimate concerns about whether the system adequately deters or punishes such conduct.

Moving Forward

The public documentation campaign at equibitlawsuit.com exists to ensure every major filing and response remains transparent and accessible. The Reply to Defense is now part of 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.

The pursuit of accountability continues.