The Sydney Morning Herald reports that he is suing the Australian creators of the platform, Ed Craven and Bijan Tehrani, hoping for a multimillion-dollar payout. We would like to show you a description here but the site won’t allow us. Find Bijan Tehrani of Cinema Without Borders's articles, email address, contact information, Twitter and moreAfter Orlen’s exit, Alfa Romeo signed the title sponsorship deal with Stake last month. com, which was launched in 2017 by Craven and his US co-founder Bijan Tehrani, has grown almost unnoticed to become the world’s seventh largest gambling group by revenues, eclipsing. V. Viv Oldfield. They and the gaming site’s CEO, Mladen Vuckovic, have been named as defendants in the lawsuit filed by the founders’ former business partner, Christopher Freeman, in a New York court. However, the creators of Stake. , Medium Rare N. Ed Craven, 27, a little-known Melburnian who is among the world’s youngest self-made billionaires and US business partner Bijan Tehrani, 28, are the founders of Stake. Bijan's short films and children's books have. Com, which he founded in 2017 together with his American pal Bijan Tehrani, brought in $1. Tehrani and Mr. com, the three created bitcoin dice gaming website Primedice in 2013. Printed ramp interconnects are. Craven, the country’s youngest millionaire, paid over $120 million for two houses in Toorak, Melbourne, including a $88 million “ghost mansion,” which is. 5 million in July. Revolutionising Technology & Entertainment. Partly through streaming casino games on Twitch and partly through savvy marketing and celebrity endorsements, including linking. Stake. Australia’s youngest billionaire Edward Craven and his business partner have quietly registered the first local Australian companies and trademarks for their huge Stake global gambling brand, a. It allows users to wager on sporting events and play online games using cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin. Details of the inkjet printing processes are outlined to realize printed RF and DC interconnects for active MMIC dies. Kick is a video live streaming service. -born Bijan Tehrani to launch Easygo, a company specializing in online casino games. You might also like: Drake x Stake: Rapper Promises Live Giveaway to Celebrate Partnership With Crypto Gaming Operator . com, Ed Craven, 27, and Bijan Tehrani, 28, are accused of kicking Christopher Freeman out of. com, dicen Craven y Tehrani, es “pura fantasía”, motivado por “lamentarse de haber dejado pasar la oportunidad de unirse a un negocio exitoso”. Wild Casino $5,000 in Welcome Bonuses. There are 10+ professionals named "Bijan Tehrani", who use LinkedIn to exchange information, ideas,. Buying such a distinctive and historic Melbourne property was more of a lifetime experience opportunity. Drake has been the lead ambassador for the Melbourne-headquartered online casino that was set up by Ed Craven and Bijan Tehrani in 2018 and has grown into one of the world’s largest online casinos. Advertisement. Antennas millimeter-wave packaging inkjet printing 3D printing. 01billion. ”. com, said: “Alfa Romeo F1 Team Stake will expand our opportunities for fan engagement through brand integration. Sohrab Vahabzadeh, Founder, SV Capital. It ultimately sold it at an 18% discount to an Australian tech entrepreneur, Bijan Tehrani, according to The Wall Street Journal. com co-founder Bijan Tehrani allege the pair are allowing illegal crypto gambling on their online casino. com. com, Ed Craven and Bijan Tehrani, who simply purchased the costliest house in Melbourne, have referred to as the lawsuit “totally frivolous” and “provably false. Stonington Mansion in Malvern, which sold for $52. General; Directory;. com. com, Primedice, Edward Craven, Bijan Tehrani, Slicemedia B. com co-founder Bijan Tehrani allege the pair are allowing illegal crypto gambling on their online casino. Los fundadores de Stake. com in 2018 and Freeman previously worked at casino site Primedice. . 1 million stolen from Australia-based cryptocurrency casino. The site is licensed in Curacao but welcomes players from various jurisdictions, including Australia. Extensive reporting has linked the hush-hush firm and its young co-founders Eddie Craven and Bijan Tehrani to Melbourne startup Easygo, but Stake. Bijan Tehrani and Ed Craven’s net worth has climbed tremendously with the success of their casino and sportsbook. 08 billion. Australia's youngest billionaire Ed Craven and his co-founder of online casino Stake. Christopher Freeman, who currently. The deal between the Melbourne founded group run by young billionaires Ed Craven and Bijan Tehrani was penned this week. Mr Craven is Australia's youngest billionaire and last year bought two Toorak mansions in Melbourne for around. Bijan Tehrani. Profits from the business allowed Craven to pay about $120m for two mansions in Melbourne’s Toorak last year, including the so-called “ghost mansion” that has sat idle for several decades. com, an online crypto-gambling website he co-founded with a fellow investor, Bijan Tehrani. students Bijan Tehrani and Ryan Bahr have been named the recipients of the Best Student Paper Award at the 2017 IMAPS Symposium, held October 10-12 in Raleigh, N. Drake has been the lead ambassador for the Melbourne-headquartered online casino that was set up by Ed Craven and Bijan Tehrani in 2018 and has grown into one of the world’s largest online casinos. com, described as a Curaçao-domiciled virtual casino; Primedice, described as a New York-domiciled operator of "an online cryptocurrency-funded dice game that allows global users to gamble via bitcoins, or percentages thereof, on a game of chance"; Edward Craven, a. com has processed tens of billions of bets on sports, slots and casino table games. Image: KickTwo of the platform’s three co-founders, Bijan Tehrani and Ed Craven, also founded the online casino Stake. MOZAIK Bridging the Borders Award. Special Mentions: Fear (Bulgaria), directed by Ivaylo Hristov and Who We Are: A Chronicle of Racism in America (USA), directed by Emily Kunstler and Sarah Kunstler. Since its founding in 2017, Stake has grown to become the seventh-largest gambling group globally, reporting nearly $2. Facebook Stake. com. An ex-business partner suing Australia’s youngest billionaire, Ed Craven, and his Stake. and Bijan Tehrani at the offices of their company Easy Go. Stake. The Pola Negri Award 2021 was given to Oscar-nominated actor James Cromwell for his collaboration with Polish filmmaker Janek Ambros and for. Kim Cannon. Mr Craven and his business partner Bijan Tehrani are the brains behind cryptocurrency casion and sports book Stake. However, Stake. com founders Ed Craven and Bijan Tehrani at the offices of their EasyGo Gaming. The deal between the Melbourne founded group run by young billionaires Ed Craven and Bijan Tehrani was penned this week. The lawsuit, the media says, has been launched by a former associate who claims the pair removed him from a joint venture they had without. Stake is a global online betting company founded in 2017, and it already has relationships with Everton football club, Argentinian player Sergio Aguero, the UFC, and musician Drake. An ex-business partner suing Australia’s youngest billionaire, Ed Craven, and his Stake. While Freeman entailed 20% in Primedice, Tehrani and Craven held 40%. James & Robbie Ferguson. The buyer is Bijan Tehrani, a tech entrepreneur who. Ed Craven, 27, a little-known Melburnian who is among the world’s youngest self-made billionaires and US business partner Bijan Tehrani, 28, are the founders of Stake. Craven,…Stake amp 8217 s expansion plans are marred by a legal showdown An Australian share trading platform of the same name is threatening to take the startup founded by billionaire Ed Craven and backed by hip-hop star Drake to. Craven and his American friend Bijan Tehrani have created a money machine. Sydney, NSW. Read Today's Paper Tributes & Notices. The customer requested that $7000 go directly to the waitress and the rest be shared between the remaining staff. . Last. TEHRANI, BIJAN (operating as FRIENDLY AUTO) is a business in Toronto licensed by the Municipal Licensing and Standards (ML&S) division of the City of Toronto. Freeman fue el mejor amigo del Sr. com, después. Stake’s founders, Craven and US-born Australian resident Bijan Tehrani, are “two to three months” into the process of applying for a bookmaking licence in the NT, The Australian has been told. As always, DYOR. com, Kick. Stake founders Craven and Bijan Tehrani dismissed the legal action, calling it provably false. 8 billion in sales and $550 million in pre-tax operating profit in the calendar year 2021. However, the creators of Stake. com founders Ed Craven, 27, and Bijan Tehrani, 28, are accused of removing Christopher Freeman from their business and are charged with enabling illegal cryptocurrency gambling on their casino platform. com co-founder Bijan Tehrani allege the pair are allowing illegal crypto gambling on their online casino. com co-founder Bijan Tehrani allege the pair are allowing illegal crypto gambling on their online casino. com along with business partner Bijan Tehrani, 28. Australia's youngest billionaire Ed Craven and his co-founder of online casino Stake. Stake. Mr Craven and co-founder Bijan Tehrani had been on track to make $1bn in profits by the end of 2022. The private party, thrown by Stake. com, the. com claims he was unfairly excluded from the hugely successful cryptocurrency sports betting and online casino. Drake has been the lead ambassador for the Melbourne-based online casino that was set up by Ed Craven and Bijan Tehrani in 2018 and has grown into one of the world’s largest online casinos. Following the partnership, KICK. Connect Amy Goodman Oakland, CA. LinkedIn is the world’s largest business network, helping professionals like Bijan Tehrani discover inside connections to recommended job. com is a cryptocurrency casino founded in Melbourne, Australia, in 2017 by Ed Craven and Bijan Tehrani. Ten years ago, they collaborated on Primedice, their first web business venture. The casino group, led by Melbourne-based twenty-somethings billionaires Ed Craven and Bijan Tehrani, is expected to seek to have the matter summarily dismissed. The Canadian rapper is also a key ambassador for Stake. IO, MLADEN VUCKOVIC, Defendants. The Melbourne personal trainer dipped his toe in the crypto game in 2013, turning a $2K investment into a cool $1m. com, have been living lavish lives, and their recently purchased expensive houses were being held against them. Where users can come together and share their stories about their losses and their opinions on financial gains from the scamming owners none other than Edward Craven, Bijan Tehrani, and Mladen. com, which he set up in 2017 with American friend Bijan Tehrani, raked in $1. Read Today's Paper Tributes & Notices. Freeman’s suit also mentions Craven’s purchase of a Melbourne mansion for $80m as evidence of Stake. The two founders are Ed Craven and Bijan Tehrani, who have called the legal action against them. Kick (also known as Kick. A six-month investigation by The Age and Herald has found Stake. Kick is a new video live-streaming service based in Melbourne, Victoria, Australia. Jan 2023 - Present. Extensive reporting has linked the hush-hush firm and its young co-founders Eddie Craven and Bijan Tehrani to Melbourne startup Easygo, but Stake. We have 300 people now, we look to be 500 by. Tentzeris at the ATHENA Research Lab. Jordan Travers. com is backed by successful entrepreneurs Edward Craven and Bijan Tehrani. Though these neighborhoods are more like “mega neighborhoods” as a result of their size, the mayor’s office managed to develop 70 new or renewed parks in one neighborhood alone within the past five years. Subscribe to Bijan Tehrani Georgia Institute of Technology. Find executives, board members, teams, related companies, and more. Mr Craven and co-founder Bijan Tehrani had been on track to make $1bn in profits by the end of 2022. The 1924 home features a landscaped garden and roof deck. (Image: The. Company size. Tehrani and Craven had 40% of Primedice, while Freeman had 20% ownership. Stake generated nearly $2. Travers, who was 21 at the time, invested $2000 in digital currency Ethereum. View Bijan Tehrani’s profile on LinkedIn, the world’s largest professional community. They both have accumulated tremendous knowledge of the streaming ecosystem, influencer marketing and content. Increasing the amount of green space. Stake. They’ve gone from teenage gaming ‘nerds’ to running the world’s biggest cryptocurrency casino. In reality, it is Craven and Tehrani who are winning big. The buyer is Bijan Tehrani, a tech entrepreneur who lives in Australia, according to people familiar with the transaction. com co-founder Bijan Tehrani allege the pair are allowing illegal crypto gambling on their online casino. The company maintains global offices in Serbia, Australia, and Cyprus. The. com faces a lawsuit in Australia over its name, shared by financial services company Stake. com. 8 billion in sales and $550 million in pre-tax running income in the calendar 12 months 2021. com faces a lawsuit in Australia over its name, shared by financial services company Stake. B Tehrani, J Hester, H Matsuura, T Ogawa, PM Raj,. 50% bonus up to $1,000Kick. For those of you who weren’t aware, Drake has been the head ambassador of the Melbourne-based online casino since it’s launch in 2018 by two young Aussies, Ed Craven and Bijan Tehrani. How that formula will unfold and what it means for its quality/type of content remains to be seen. In 2017, Stake. Stake. Australia’s youngest billionaire is Melbourne’s 27-year-old crypto gambling magnate Edward Craven, who debuts at 68 on The List - Australia’s Richest 250 with an estimated $2. A six-month investigation by The Age and Herald has found Stake. , MEDIUM RARE N. Australia’s youngest billionaire is Melbourne’s 27-year-old crypto gambling magnate Edward Craven, who debuts at 68 on The List - Australia’s Richest 250 with an estimated $2. Stake has strong ties with the Melbourne-based Easygo Solutions business run by Craven and Tehrani. com. com confirmed that “unauthorised” transactions had taken place but said user funds were safe. The cryptocurrency on line casino Stake. com. The Australian founders of the world’s largest crypto casino are being sued in the US by a former employee for $400 million in damages. Fuelled by their extensive knowledge. com, which he founded in 2017 with his American buddy Bijan Tehrani, brought in $1. $723 million. An ex-business partner suing Australia’s youngest billionaire, Ed Craven, and his Stake. As the co-founder of Stake. The truth is that “Trainwreck” would only be a visible face within the organization chart of the company. The cryptocurrency casino Stake. 894. com. com, Bijan Tehrani are being sued by childhood friend Christopher Freeman for more than $500 million. com co-founder Bijan Tehrani, was held at 29 St Georges Rd on Monday night with “every hot influencer in Melbourne” there, along with US rapper YG who put on. Un ex socio de Stake, uno de los operadores de apuestas y juegos en criptomoneda de más rápido crecimiento del mundo, denunció a la compañía por USD 400 millones, afirmando que fue excluido de la empresa en cuyo éxito colaboró. The two men, who live in Melbourne, previously. United States. Easygo was established in 2016 by young entrepreneurs Ed Craven and Bijan Tehrani and has quickly become one of Australia’s fastest growing companies. 1. Why Is Kick so Controversial? Kick is controversial because it allows people to live stream gambling games. Following this, Easygo, a company which developed games for online casinos was launched in 2016 by Craven and his US-born business partner Bijan Tehrani. Better known as ‘The Lambo Guy’ or ‘Mr Lambo’, Adrian Portelli shot to fame through his aggressive bidding on hit series The Block. Sep 8, 2023 – 10. Edward Craven and Bijan Tehrani are the founders of Stake. US-born Tehrani and Australian. The two helped create Stake. The buyer is Bijan Tehrani, a tech entrepreneur who lives in Australia, according to people familiar with the transaction. But, all of this happened before Ed was born. (1 minute) Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. Buying such a distinctive and historic Melbourne property was more of a lifetime experience opportunity. Two of the platform’s three co-founders, Bijan Tehrani and Ed Craven, also founded the online casino Stake. com’s success. Yui Sato Customer support |. com was launched in 2017 and is operated by Medium Rare NV, a company incorporated in Curaçao where it holds an online casino license. TheWorldNews is not responsible for the content of the platform. The crypto casino was founded in 2017 with Craven’s business partner Bijan Tehrani, offering a vast array. Like Twitch, it is a popular source for live streamers to broadcast their feed to fans. 6 billion in gross gaming revenue last year alone, the Financial Times reported. See the pictures. Kick Melbourne, Victoria, Australia 2 days ago. This article was added by the user . An ex-business partner suing Australia’s youngest billionaire, Ed Craven, and his Stake. Craven, and his Stake. Tehrani is one of the. Melbourne student Lauren was offered a wild $10,000 tip while waitressing but insisted some. The buyer is Bijan Tehrani, a tech entrepreneur who lives in Australia, according to people familiar with the transaction. ” The cryptocurrency casino Stake. See who you know in common. k. Kick, which was established in Melbourne last year, was founded by Mr Craven and his business partner, Bijan Tehrani, and is the main competitor to Amazon’s Twitch. View Bijan Tehrani’s profile on LinkedIn, the world’s largest professional community. About Privacy Policy Terms of Use Contact Us. Stake, founded in 2017 by Craven and his American business partner Bijan Tehrani, is a leading online crypto casino based in Curacao. 06am A notorious North Korean hacking group has been credited as the thieves behind $64. El litigio de Freeman que alega intimidación, traiciones secretas y engaños en cuanto a la naturaleza de la empresa Stake. As always, DYOR. 9 billion annual gross gaming revenue, has initiated the process of applying for a. Mr Craven and co-founder Bijan Tehrani had been on track to make $1bn in profits by the end of 2022. Craven’s Stake. Australia’s youngest billionaire Ed Craven (pictured) and his co-founder of online casino Stake. An ex-business partner suing Australia’s youngest billionaire, Ed Craven, and his Stake. He is also the Director for the East Los Angeles College Annual Animation Film Festival. com. Stake Gaming is jointly owned by Tehrani and a company ultimately owned by Craven, who made headlines last year when he bought two Toorak mansions in Melbourne for almost $40m and then about $80m. Fiona ByrneFounded by Melbourne-based entrepreneur Ed Craven and his American counterpart Bijan Tehrani, Stake emerged as a noteworthy cryptocurrency gambling platform. Melbourne Victory is pleased to announce that @KickStreaming will become the Club’s Official Esports. Travers, who was 21 at the time, invested $2000 in digital currency Ethereum. In December 2021, Stake. However, the creators of Stake. ”. Stake is a global online betting company founded in 2017, and it already has relationships with Everton football club, Argentinian player Sergio Aguero, the UFC, and musician Drake. Stake. Join to view full profile. Christopher Freeman, a former partner to Stake. Craven's Stake. com, Bijan Tehrani are being sued by childhood friend Christopher Freeman for more than $500 million. Last year, in August, he spent $88 million on a house in Melbourne. Freeman alleges that in 2016, Tehrani and Craven took advantage of the business opportunities that arose from the Primedice concept to turn it into Stake. com. com, a leading online casino and betting platform, has sealed a multi-million dollar sponsorship deal. Melbourne-based cryptocurrency casino entrepreneur Bijan Tehrani has swooped on one of New York’s trophy homes, forking out more than $70m (AU) for the. Rujia Liao UI/UX Designer Melbourne, VIC. It was captioned: "We live in a simulation. Siamak "Sia" Zand, CBS and Sky News representative in Iran up to 2008. Bijan Tehrani. Stake has offices in Serbia, Australia and Cyprus. Stake. He is also the Director for the East Los Angeles College Annual Animation Film Festival. The streaming wars rage on as Kick co-founder Bijan Tehrani says his platform lives “rent free” in ex-Twitch exec DjWheat’s head amid criticism around Adin Ross’s recent stream with a Kim. The deal for the 12,500-square-foot property breaks down to. com Is a $1 billion business Stake Gaming is jointly owned by Tehrani and a company ultimately owned by Craven, who made headlines last year when he bought two Toorak mansions in Melbourne for almost $40m and then about $80m. We have scaled our headcount from 20 people at the start of 2020 to 190 employees today. com, which has a gaming license in Curacao, in Melbourne in 2017, according to a late 2021 investigation by The Age and Sydney Morning Herald. Kick is a new video live-streaming service based in Melbourne, Victoria, Australia. Bijan has 3 jobs listed on their profile. Jan 2017 - Present. CWJ |Crypto World Journal |Blockchain Nation. com cannot offer its lucrative games to Australian. It is managed by Medium Rare NV, a company with its main office in Curaçao and a permit to run an online casino. The sellers are Doug Band, a longtime adviser to former President Bill. com launched in the UK in partnership with TGP Europe. He remarked: "Your business is a. However, the creators of Stake. The film stars Layla Mohammadi, Niousha Noor, Bijan Daneshmand, Bella Warda, and Tom Byrne. Crypto kingpin Ed Craven has started construction on his astonishing $80m Melbourne property. The deal between the Melbourne founded group run by young billionaires Ed Craven and Bijan Tehrani was penned this week. Join Facebook to connect with Bijan Tehrani and others you may know. Tehrani (S’13) received the B. etentze (at) ece (dot) gatech (dot) edu. The director's office address is 122 King High Drive, Thornhill, ON L4J 3N4. com, Ed Craven and Bijan Tehrani, who just bought the most expensive home in Melbourne, have called the lawsuit “utterly frivolous” and “provably false. The Sydney Morning Herald has reported that Ed Craven and Bijan Tehrani, the Australian founders of cryptocurrency gambling website Stake. Ed Craven and Bijan Tehrani, the co-founders of Stake. Mr. Edward Craven and Bijan Tehrani are the founders of Stake. ”. com. In a statement the company’s lawyers described the allegations as “frivolous” and “provably false”. Meet the youngest billionaires of AustraliaThe global cryptocurrency gambling empire Stake. However, the agreement’s exact amount and duration have yet to be officially revealed. Australia's youngest billionaire Ed Craven and his co-founder of online casino Stake. Australia's youngest billionaire and his business partner in an online casino company are being sued for more than $500 million by a childhood friend andEstablished by Melbourne-based Mr Craven and his American business partner Bijan Tehrani, the firm is incorporated in the Caribbean island nation of Curacao. Facebook gives people the power to. An ex-business partner suing Australia’s youngest billionaire, Ed Craven, and his Stake. Australia's Richest 250 Debutants. Bijan's short films and children's books have won numerous honors at international film. Ed Craven and Bijan Tehrani at the offices of EasyGo Gaming, a group they. Kick, which was only established in Melbourne last year, was founded by Craven and his business partner, Bijan Tehrani, and is the main competitor to Amazon’s Twitch. Stake co-founder Bijan Tehrani said the crypto casino will use the partnership to bring more people to the digital space. com Is a $1 billion businessStake Gaming is jointly owned by Tehrani and a company ultimately owned by Craven, who made headlines last year when he bought two Toorak mansions in Melbourne for almost $40m and then about $80m. Before Mr. The duo say it is the. court. com co-founder Bijan Tehrani allege the pair are allowing illegal crypto gambling on their online casino. View the profiles of professionals named "Bijan Tehrani" on LinkedIn. . Mr Craven is Australia’s youngest billionaire and last year bought two mansions in Toorak, Melbourne for around $120million,. School of Electrical & Computer Engineering. Learn more about. He had written a story a couple of years ago that he wanted to turn into a television series, but the project fell through so Paul kept working. In October 2022, Craven debuted on Australia's Young Rich List [6] and in March 2023 was included in the Richest 250 issued by The Australian. com founders Ed Craven, 27, and Bijan Tehrani, 28, are accused of cutting Christopher Freeman out of their business, according to court documents. Professor Emmanouil (Manos) M. Tehrani and Freeman, and Craven set up the casino business called Primedice in the early 2010s. Reportedly, Mr. Get Bijan Tehrani Contact info for free. com co-founders Bijan Tehrani, Ed Craven and streaming personality Trainwreckstv. Georgia Institute of Technology. V. We are fully committed to enhancing race weekends by. Ground News - Drake could be key witness in blockbuster case about Australian casinoBijan was born in May 31, 1961 Bijan has 5 phone numbers Bijan has 2 relatives Bijan has 22 past addresses Bijan has 3 emails Bijan has 5 associates by phone number Bijan has 252 associates by address Bijan’s home type is Single Family Dwelling Unit The property where Bijan lives was built in 1995 Bijan has resided at the current address since 2013. ” Stake. com founders Ed Craven and Bijan Tehrani are being sued by former associate Christopher Freeman who alleges he was cut out of the crypto gambling business, estimated to be worth $1bn today. Ed Craven, 27, a little-known Melburnian who is among the world’s youngest self-made billionaires and US business partner Bijan Tehrani, 28, are the founders of Stake. Tentzeris was born and grew up in Piraeus, Greece. According to the court complaint, Freeman was a friend of co-founder Bijan Tehrani, and both allegedly intended to set up a casino business under the name Primedice. Three years later, he teamed up with U. 01billion. This weekend, Ed Craven and Bijan Tehrani’s Kick. com, which was thought to be an overseas operation, was actually formed in Melbourne in 2017 by Craven and Tehrani. Plaintiff: Christopher Freeman: Defendant: Stake. 5m in 2018, is Melbourne’s —. Edward. . Melbourne for around $120m, including an $88m “ghost mansion” believed to be. Get introduced. Edward Craven & Bijan Tehrani . com. com co-founder Bijan Tehrani allege the pair are allowing illegal crypto gambling on their online casino. A customer left a young Melbourne restaurant waitress a $10,000 tip. View Easygo's up-to-date org chart, open roles, and culture details. Stake. Nov 9, 2023 – 9. com, Ed Craven and Bijan Tehrani, who simply purchased the costliest house in Melbourne, have referred to as the lawsuit “totally frivolous” and “provably false. Stake. 5 million by Chinese-born Xiao Cao, a director of cattle hide exporter H.