Equibit Group Ltd. and Chris Horlacher filed their Reply to Sergei Sachkov’s Defence, answering the Defence that followed his years of non-participation. Sachkov had not participated while default was entered on liability and while damages of $1,744,711 were assessed. Justice Merritt later set that judgment aside.
Related: Sachkov damages award · Four Critical Failures
The 27 October 2023 Reply
Read the Reply to Defence here:
Place in the Equibit Lawsuit
The Reply is a pleading in Court File No. CV-20-00645492-0000. The award it answers is Damages Award Granted Against Sergei Sachkov. What happened to that award is Four Critical Failures and CJC file 26-0478.
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 defence necessitated this formal Reply.
The Reply maintains the Plaintiffs’ position and shatters the assertions made in Sachkov’s defence, 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 Defence 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.
