Wednesday, 10/04/2024 | 08:59 GMT
by
Damian Chmiel
Steven Nerayoff sues the United States over false prosecution claims dating back to 2019.
Now he is demanding compensation for damages to his reputation and businesses.
Source: Steven Nerayoff’s X account
Steven
Nerayoff, a prominent early advisor to the Ethereum network, has filed a $9.6
billion lawsuit against the United States government. The lawsuit, filed under
the Federal Tort Claims Act (FTCA), alleges that federal agents knowingly
pursued false charges against Nerayoff and engaged in harassment and
intimidation tactics, including evidence fabrication.
Former Ethereum Advisor
Sues US Government for $9.6 Billion
Nerayoff was
arrested by the FBI in September 2019 alongside his associate Michael Hlady
on charges of extortion. The authorities claimed they threatened to destroy a cryptocurrency startup if it did not pay millions in ether (ETH), the native cryptocurrency of the Ethereum network. However, after a four-year legal
battle, the US government dismissed the case in May 2023.
In the newest
court filing dated last week, Nerayoff’s legal team has argued that the damages
to his reputation and businesses warrant the substantial lawsuit for $9.6 billion.
“Today I
have filed my Federal Tort Claims Act (FTCA) lawsuit suing the U.S. government
for personal damages related to false prosecution,” Nerayoff wrote on X. “It is
time we took a stand against this unrestrained corruption, for all the people
wrongly accused & to ensure justice against those who have been a part of
this.”
BREAKING: Today I have filed my Federal Tort Claims Act (FTCA) lawsuit suing the U.S. government for personal damages related to false prosecution. It is time we took a stand against this unrestrained corruption, for all the people wrongly accused & to ensure justice against… https://t.co/PQZjz6Ewcp
— Steven Nerayoff (@StevenNerayoff) April 9, 2024
Nerayoff, a
serial entrepreneur and blockchain pioneer, is known for his early involvement
in Ethereum since 2015. He has been at the center of various controversies and
legal battles, including making serious allegations against the Ethereum Co-Founder, Vitalik Buterin, and others regarding fraudulent ICOs, personal misconduct, and
collusion with corrupt officials.
“Mr.
Nerayoff’s well-being, personal life and career were irreparably harmed… He
incurred significant legal fees to defend himself while simultaneously losing
income as a result of becoming a feared pariah in the crypto community,” the
filing stated.
The lawsuit
has garnered attention due to the significant damages sought and the
involvement of prominent lawyer Alan Dershowitz as a consultant on the case.
The outcome of this legal battle could have implications for the cryptocurrency
industry and the US government’s handling of such cases.
Nerayoff’s Allegations
against Buterin
In the
past, Nerayoff accused both Vitalik and his father, Dmitry Buterin, of
coordinating efforts to damage his reputation. He cited a video in which
Vitalik allegedly claimed that Nerayoff was involved in significant fraudulent
activities.
Furthermore,
Nerayoff alleged that the Ethereum Foundation, under Vitalik Buterin’s
guidance, abandoned senior researcher and developer Virgil Griffith after his
arrest for helping North Korea evade sanctions. Nerayoff also claimed that
Vitalik Buterin copied his idea of issuing utility tokens and threatened to
sue over his supposed invention.
In recorded
conversations from 2015, Nerayoff criticized Ethereum ‘s financial management,
particularly the decision not to hedge Ethereum’s Bitcoin holdings during price
fluctuations. He also highlighted issues with Ethereum’s early days, including
lack of operational infrastructure, legal and regulatory risks, poor internal
structure, and co-founder conduct.
Steven
Nerayoff, a prominent early advisor to the Ethereum network, has filed a $9.6
billion lawsuit against the United States government. The lawsuit, filed under
the Federal Tort Claims Act (FTCA), alleges that federal agents knowingly
pursued false charges against Nerayoff and engaged in harassment and
intimidation tactics, including evidence fabrication.
Former Ethereum Advisor
Sues US Government for $9.6 Billion
Nerayoff was
arrested by the FBI in September 2019 alongside his associate Michael Hlady
on charges of extortion. The authorities claimed they threatened to destroy a cryptocurrency startup if it did not pay millions in ether (ETH), the native cryptocurrency of the Ethereum network. However, after a four-year legal
battle, the US government dismissed the case in May 2023.
In the newest
court filing dated last week, Nerayoff’s legal team has argued that the damages
to his reputation and businesses warrant the substantial lawsuit for $9.6 billion.
“Today I
have filed my Federal Tort Claims Act (FTCA) lawsuit suing the U.S. government
for personal damages related to false prosecution,” Nerayoff wrote on X. “It is
time we took a stand against this unrestrained corruption, for all the people
wrongly accused & to ensure justice against those who have been a part of
this.”
BREAKING: Today I have filed my Federal Tort Claims Act (FTCA) lawsuit suing the U.S. government for personal damages related to false prosecution. It is time we took a stand against this unrestrained corruption, for all the people wrongly accused & to ensure justice against… https://t.co/PQZjz6Ewcp
— Steven Nerayoff (@StevenNerayoff) April 9, 2024
Nerayoff, a
serial entrepreneur and blockchain pioneer, is known for his early involvement
in Ethereum since 2015. He has been at the center of various controversies and
legal battles, including making serious allegations against the Ethereum Co-Founder, Vitalik Buterin, and others regarding fraudulent ICOs, personal misconduct, and
collusion with corrupt officials.
“Mr.
Nerayoff’s well-being, personal life and career were irreparably harmed… He
incurred significant legal fees to defend himself while simultaneously losing
income as a result of becoming a feared pariah in the crypto community,” the
filing stated.
The lawsuit
has garnered attention due to the significant damages sought and the
involvement of prominent lawyer Alan Dershowitz as a consultant on the case.
The outcome of this legal battle could have implications for the cryptocurrency
industry and the US government’s handling of such cases.
Nerayoff’s Allegations
against Buterin
In the
past, Nerayoff accused both Vitalik and his father, Dmitry Buterin, of
coordinating efforts to damage his reputation. He cited a video in which
Vitalik allegedly claimed that Nerayoff was involved in significant fraudulent
activities.
Furthermore,
Nerayoff alleged that the Ethereum Foundation, under Vitalik Buterin’s
guidance, abandoned senior researcher and developer Virgil Griffith after his
arrest for helping North Korea evade sanctions. Nerayoff also claimed that
Vitalik Buterin copied his idea of issuing utility tokens and threatened to
sue over his supposed invention.
In recorded
conversations from 2015, Nerayoff criticized Ethereum ‘s financial management,
particularly the decision not to hedge Ethereum’s Bitcoin holdings during price
fluctuations. He also highlighted issues with Ethereum’s early days, including
lack of operational infrastructure, legal and regulatory risks, poor internal
structure, and co-founder conduct.
- 1383 Articles
28 Followers
Damian’s adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
- 1383 Articles
28 Followers
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Here’s a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here’s a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here’s a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Join 3500+ Attendees at FMAS:24 | Africa’s Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa’s Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa’s Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa’s Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa’s Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa’s Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South AfricaRegister now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
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🔔 Subscribe to our YouTube channel for more!🔔Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South AfricaRegister now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South AfricaRegister now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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🔔 Subscribe to our YouTube channel for more!🔔Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South AfricaRegister now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South AfricaRegister now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
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20-22 MAY 2024
Sandton Convention Center, Sandton, South AfricaRegister now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 – Africa’s Premium Financial Event
Join 3500+ Attendees at FMAS:24 – Africa’s Premium Financial Event
Join 3500+ Attendees at FMAS:24 – Africa’s Premium Financial Event
Join 3500+ Attendees at FMAS:24 – Africa’s Premium Financial Event
Join 3500+ Attendees at FMAS:24 – Africa’s Premium Financial Event
Join 3500+ Attendees at FMAS:24 – Africa’s Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South AfricaRegister now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South AfricaRegister now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
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Looking to expand your network in #Africa?
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20-22 MAY 2024
Sandton Convention Center, Sandton, South AfricaRegister now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South AfricaRegister now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South AfricaRegister now to secure your spot: https://bit.ly/3JbUpCK
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Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We’re discussing the challenges and shifts caused by MetaQuotes’ pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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▶️ Telegram: https://t.me/financemagnatesnewsDon’t miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We’re discussing the challenges and shifts caused by MetaQuotes’ pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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▶️ Telegram: https://t.me/financemagnatesnewsDon’t miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We’re discussing the challenges and shifts caused by MetaQuotes’ pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
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▶️ Telegram: https://t.me/financemagnatesnewsDon’t miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We’re discussing the challenges and shifts caused by MetaQuotes’ pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
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📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnewsDon’t miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We’re discussing the challenges and shifts caused by MetaQuotes’ pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnewsDon’t miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We’re discussing the challenges and shifts caused by MetaQuotes’ pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
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Kilner Vintage Glass Butter Churn; Delicious Homemade Butter in as Little as Ten Minutes; Large 34-Fluid Ounce Capacity Butter Churner, 1 EA
$67.36 (as of January 23, 2025 19:24 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
IRIS USA Portable Board Game Organizer Plastic Project Storage Case Box with Snap-Tight Latch, 6-Pack, Fits 8.5" x 11" Papers, for A4 Papers Magazine Document Craft Hobby Art Supplies, Thick, Clear
$34.99 (as of January 23, 2025 19:24 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Muddy Mat® Shown on TV–Super Absorbent Microfiber Dog Door Mat for Muddy Paws, Non-Slip Washable Pet Rug, Quick Dry Chenille Entryway Carpet, Machine Washable Indoor Outdoor mat–Atlantic Blue 28"x18"
$19.95 (as of January 23, 2025 19:24 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
