GLACIER · PACK-B
APPROVED · 07-26OUTREACH HELD · PER-SEND APPROVALROUTE MAP →

Estate Evidence Desk

A fixed-price tracing desk for the Goliath receivership. A court-appointed receiver is recovering $328M taken from victims, and 578+ victims have filed claims. The desk finds where the money went and verifies the claims, priced so the court can approve it. Delivered by CipherBlade.

Matter
Goliath receivership · 26-13174-RAM Bankr. S.D. Fla. · $328M · 578+ claims filed
Buyer
Receiver Michael S. Budwick, Meland Budwick P.A. · retention authority already granted (Doc 104)
Product
Estate wallet schedule · ten-file endpoint trace · preservation letters · claim-verification method piloted on ten claims
Fee
$50K fixed pilot · $8K per ten claims at scale · court-approval structure, no percentage of recovery
Delivery
Within fifteen working days of court approval
01 · THE ESTATE · VERIFIED FROM DOCKET

$328M in reported losses; 578+ claims filed; assets not fully located

Case
In re Goliath Ventures, Inc. (f/d/b/a Gen-Z Venture Firm), Ch. 11 No. 26-13174-RAM, Bankr. S.D. Fla., filed March 16, 2026
Receiver
Michael S. Budwick, Meland Budwick P.A., appointed March 3, 2026 by Broward Circuit Judge Michael A. Robinson (emergency motion)
Loss
Conspirators obtained at least $328M from victims (Doc 11)
Claims
403 proofs of claim in the lead case + 175 in the member case as of June 1, 2026, still growing (Doc 159)
Government track
United States engaged in ongoing investigation with experts; forfeiture posture over certain estate cryptocurrency (Docs 11, 88)
Class
GLACIER T4 · COURT-FLAGGED · score F5 × C9 = 45
02 · THE GAP

The estate has no dedicated on-chain tracing function.

GAP 1

Forfeiture is not maximization

The government only recovers what it can seize for its own case. Everything else, money moved to insiders, balances at foreign exchanges, funds spent through other wallets, comes back to victims only if the estate finds and claims it itself.

GAP 2

578 claims need on-chain verification

578+ victims have each filed a form saying "the company owes me this much." Checking those claims against the blockchain, one by one and at scale, needs a method the estate does not currently have.

The receiver's firm holds blockchain-capable personnel (Doc 68). The buyer can evaluate the work product directly; no education period is required.

03 · SCOPE · TEN-FILE PILOT

What CipherBlade delivers

  1. Estate wallet schedule

    One master list of every wallet linked to the company, from court filings and exchange records, with what is in each right now and when it last moved. This becomes the estate's on-chain balance sheet.

  2. Ten-file batch trace

    The ten largest amounts that left the company's wallets, each followed to its endpoint: an exchange account, someone else's wallet, or a dead end, stated plainly. Built so the receiver can decide where to pursue recovery.

  3. Preservation letters

    Ready-to-sign letters to every exchange where money landed, asking them to hold the funds and share the account holder's records, with the tracing proof attached to each.

  4. Claim-verification schema

    A repeatable way to check a victim's claim against the company's wallets, tested on ten claims, priced separately for the remaining 568+.

04 · PRICE · FIXED FEE, COURT-APPROVAL STRUCTURE

Terms

PILOT
$50K flat
All four deliverables above. Billed as a standard estate professional expense, the kind courts approve routinely.
SCALE · OPTIONAL
$8K / 10 claims
More claim-verification batches after the pilot, if the receiver wants them, using the method from the pilot.
NEVER
0%
No percentage of recovery, no contingency, no success fee. Fixed prices are exactly what makes court approval easy.
05 · EXECUTION RUNWAY

Fifteen working days, deliverable-gated

D1–D3
Wallet schedule. Docket and schedule extraction, address consolidation, live-state verification of every debtor-linked wallet.
D4–D10
Batch trace. Ten endpoint-first trace files on the highest-value outbound flows.
D11–D13
Letters + schema. Preservation letters per live endpoint; claim-verification schema piloted on ten claims.
D14–D15
Delivery. One bound evidence set to receiver's counsel. Invoice on delivery, net 15.
06 · VERIFICATION LEDGER

What is verified, what is pending

VERIFIED
Case number, venue, receiver identity and appointment, loss figure, claim counts, government forfeiture posture: read directly from Docs 11, 20, 68, 88, 159 and contemporaneous legal press.
VERIFIED
The receiver's firm states blockchain tracing capability in its retention papers (Doc 68).
PENDING
Debtor wallet addresses are in schedules and exhibits not yet extracted (scope block 1, days one through three).
PENDING
Whether the estate has already retained a competing tracing firm; verified against the docket before the offer is sent.
GLACIER STRATEGY DESK · PACK-B v2 · PLAIN-ENGLISH EDITION · APPROVED v1 · OUTREACH GATED · DELIVERY PARTNER: CIPHERBLADE (J. MAILE, PARTNER)
FIXED FEES ONLY · COURT-APPROVAL SHAPE · NO PERCENTAGE OF RECOVERY · CONFIDENTIAL