SEC v. CHARLES T. LAWRENCE, JR., No. 2:23-cv-00550-PP, Eastern District of Wisconsin (Sept. 12, 2025) — Judgment

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UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF WISCONSIN

UNITED STATES SECURITIES AND EXCHANGE COMMISSION,

   Plaintiff,

 v.

CHARLES T. LAWRENCE, JR.,

   Defendant,

 and       Case No. 23-cv-550-pp

LANDES PRIVE, LLC;
LANDES AND COMPAGNIE TRUST PRIVE
a/k/a Landes and Compagnie Trst Prive KB;
HEKYEAH, LLC; JUSTIN D. SMITH
and BRENDA M. BISNER,

   Relief Defendants.

FINAL JUDGMENT AS TO RELIEF DEFENDANT JUSTIN D. SMITH
 __________________________________________________________________________________

Relief Defendant Justin D. Smith consents to entry of this final judgment
without admitting or denying the allegations fo the complaint (except as to
jurisdiction and as otherwise provided in this judgment), waives fndings of fact
and conclusions of law and waives any right to appeal from this final judgment.
I.
 The court ORDERS AND ADJUDGES that relief defendant Justin Smith
is liable, jointly and severally with Landes and Compagnie Trust Prive a/k/a
Landes and Compagnie Trst Prive KB (Landes KB), for disgorgement of
$297,700, which represents ill-gotten funds received by the relief defendants as

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alleged in the complaint, together with prejudgment interest thereon in the
amount of $38,371, for a total of $336,071. Smith shall satisfy this obligation
by paying $336,071 to the Securities and Exchange Commission under the
terms of the payment schedule set forth in Paragraph II below after entry of
this final judgment.
Smith may transmit payment electronically to the Commission, which
will provide detailed ACH transfer/Fedwire instructions upon request.
Payment may also be made directly from a bank account via Pay.gov through
the SEC website at http://www.sec.gov/about/offices/ofm.htm. Smith may
also pay by certified check, bank cashier’s check, or United States postal
money order payable to the Securities and Exchange Commission, which shall
be delivered or mailed to
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

 and shall be accompanied by a letter identifying the case title, civil action
number, and name of this court; Justin D. Smith as a relief defendant in this
action; and specifying that payment is made in compliance with this final
judgment.
Smith shall simultaneously transmit photocopies of evidence of payment
and case identifying information to the Commission’s counsel in this action.
By making this payment, Smith relinquishes all legal and equitable right, title,
and interest in such funds and no part of the funds shall be returned to him.
The Commission shall hold the funds (collectively, the Fund) until

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further order of this court. The Commission may propose a plan to distribute
the fund subject to the court’s approval, and the court shall retain jurisdiction
over the administration of any distribution of the fund.
The Commission may enforce the court’s judgment for disgorgement and
prejudgment interest by using all collection procedures authorized by law,
including, but not limited to, moving for civil contempt at any time after 30
days following entry of this final judgment. Smith shall pay post judgment
interest on any amounts due after 30 days of entry of this final judgment under
28 U.S.C. § 1961.
II.

Smith shall pay the total of disgorgement and prejudgment interest due
of $336,071 in five installment payments to the Commission according to the
following schedule:  (1) $44,000 within 14 days of entry of this final judgment,
which shall be satisfied by the transfers described in Paragraph III through
Paragraph XIII below; (2) $73,017.75 within 90 days of entry of this final
judgment, (3) $73,017.75 within 180 days of entry of this final judgment; (4)
$73,017.75 within 270 days of entry of this final judgment; and (5) $73,017.75
within 360 days of entry of this final judgment. Should the amount transferred
from Smith’s frozen accounts total more than $44,000, the additional amount
shall be applied as a credit to the second installment.  Should the amount be
less than $44,000, the difference shall be added to the balance of the second
installment. Payments shall be deemed made on the date they are received by
the Commission and shall be applied first to post judgment interest, which

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accrues under 28 U.S.C. §1961 on any unpaid amounts due after 30 days of
the entry of Final Judgment. Prior to making the final payment set forth herein,
Smith shall contact the staff of the Commission for the amount due for the
final payment.
If Smith fails to make any payment by the date agreed and/or in the
amount agreed according to the schedule set forth above, all outstanding
payments under this final judgment, including post judgment interest, minus
any payments made, shall become due and payable immediately at the
discretion of the staff of the Commission without further application to the
court.
III.

 The court ORDERS that within 14 days after being served with a copy of
this final judgment, Ally Invest Securities (Ally) shall liquidate assets, insofar as
needed, and transfer the entire balance and any and all proceeds from the
liquidation of the following account (which was frozen by order of this court) to
the Commission:
Account Owner Acct. Ending
in:
Justin D. Smith *2210
 Ally may transmit payment electronically to the Commission, which will
provide detailed ACH transfer/Fedwire instructions upon request. Payment
may also be made directly from a bank account via Pay.gov through the SEC
website at http://www.sec.gov/about/offices/ofm.htm.  Ally also may transfer
these funds by certified check, bank cashier’s check, or United States postal

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money order payable to the Securities and Exchange Commission, which shall
be delivered or mailed to
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

and shall be accompanied by a letter identifying the case title, civil action
number, and name of this court; and specifying that payment is made in
compliance with this final judgment.
IV.

 The court ORDERS that within 14 days after being served with a copy of
this final judgment, American Express (American Express) shall transfer the
entire balance of the following accounts (which were frozen by order of this
court) to the Commission:
Account Owner Acct. Ending
in:
Justin Smith *4852
Justin Smith *0368
 American Express may transmit payment electronically to the
Commission, which will provide detailed ACH transfer/Fedwire instructions
upon request. Payment may also be made directly from a bank account via
Pay.gov through the SEC website at http://www.sec.gov/about/offices/
ofm.htm. American Express also may transfer these funds by certified check,
bank cashier’s check, or United States postal money order payable to the
Securities and Exchange Commission, which shall be delivered or mailed to

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Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

and shall be accompanied by a letter identifying the case title, civil action
number, and name of this court; and specifying that payment is made in
compliance with this final judgment.
V.

 The court ORDERS that within 14 days after being served with a copy of
this final judgment, Bank of America, N.A. (BoA) shall liquidate assets, insofar
as needed, and transfer the entire balance and any and all proceeds from the
liquidation of the following accounts (which were frozen by order of this court)
to the Commission:
Account Owner Acct. Ending
in:
Healthcare Solutions Holdings,
Inc.
*8290
Justin Smith *2699
Justin Smith *2686
Advance Care Medical
Tennessee, Inc.
*4494
Landes and Compagnie Trust
Prive
*7969
 BoA may transmit payment electronically to the Commission, which will
provide detailed ACH transfer/Fedwire instructions upon request. Payment
may also be made directly from a bank account via Pay.gov through the SEC
website at http://www.sec.gov/about/offices/ofm.htm. BoA also may transfer

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these funds by certified check, bank cashier’s check, or United States postal
money order payable to the Securities and Exchange Commission, which shall
be delivered or mailed to
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

and shall be accompanied by a letter identifying the case title, civil action
number, and name of this court; and specifying that payment is made in
compliance with this final judgment.
VI.

 The court ORDERS that within 14 days after being served with a copy of
this final judgment, Coinbase (Coinbase) shall liquidate assets and/or convert
any crypto assets into U.S. dollars, insofar as needed, and transfer the entire
balance and any and all proceeds from the liquidation of the following account
(which was frozen by an order of this court) to the Commission:
Account Owner Acct. Ending
in:
Justin Smith *0c06
 Coinbase may transmit payment electronically to the Commission, which
will provide detailed ACH transfer/Fedwire instructions upon request.
Payment may also be made directly from a bank account via Pay.gov through
the SEC website at http://www.sec.gov/about/offices/ofm.htm. Coinbase also
may transfer these funds by certified check, bank cashier’s check, or United

8

States postal money order payable to the Securities and Exchange
Commission, which shall be delivered or mailed to
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

and shall be accompanied by a letter identifying the case title, civil action
number, and name of this court; and specifying that payment is made in
compliance with this final judgment.
VII.

 The court ORDERS that within 14 days after being served with a copy of
this final judgment, JP Morgan Chase Bank, N.A. (JPMC) shall transfer the
entire balance of the following account (which was frozen by order of this court)
to the Commission:
Account Owner Acct. Ending
in:
Landes and Compagnie Trst
Prive KB
*0366
 JPMC may transmit payment electronically to the Commission, which
will provide detailed ACH transfer/Fedwire instructions upon request.
Payment may also be made directly from a bank account via Pay.gov through
the SEC website at http://www.sec.gov/about/offices/ofm.htm. JPMC also
may transfer these funds by certified check, bank cashier’s check, or United
States postal money order payable to the Securities and Exchange
Commission, which shall be delivered or mailed to

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Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

and shall be accompanied by a letter identifying the case title, civil action
number, and name of this court; and specifying that payment is made in
compliance with this final judgment.
VIII.

 The court ORDERS that within 14 days after being served with a copy of
this final judgment, Merrill Lynch, Pierce, Fenner & Smith Incorporated (Merrill
Lynch) shall liquidate assets, insofar as needed, and transfer the entire balance
and any and all proceeds from the liquidation of the following accounts (which
were frozen by order of this court) to the Commission:
Account Owner Acct. Ending
in:
Justin D. Smith IRA *7a87
Justin D. Smith IRA *7a88
Justin D. Smith *3L25
Justin D. Smith *8M12
 Merrill Lynch may transmit payment electronically to the Commission,
which will provide detailed ACH transfer/Fedwire instructions upon request.
Payment may also be made directly from a bank account via Pay.gov through
the SEC website at http://www.sec.gov/about/offices/ofm.htm. Merrill Lynch
also may transfer these funds by certified check, bank cashier’s check, or

10

United States postal money order payable to the Securities and Exchange
Commission, which shall be delivered or mailed to
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

and shall be accompanied by a letter identifying the case title, civil action
number, and name of this court; and specifying that payment is made in
compliance with this final judgment.
IX.

 The court ORDERS that within 14 days after being served with a copy of
this final judgment, Navy Federal Credit Union (Navy Federal) shall transfer the
entire balance of the following accounts (which were frozen by order of this
court) to the Commission:
Account Owner Acct. Ending
in:
Justin Smith *1059
Justin Smith *0516
 Navy Federal may transmit payment electronically to the Commission,
which will provide detailed ACH transfer/Fedwire instructions upon request.
Payment may also be made directly from a bank account via Pay.gov through
the SEC website at http://www.sec.gov/about/offices/ofm.htm. Navy Federal
also may transfer these funds by certified check, bank cashier’s check, or
United States postal money order payable to the Securities and Exchange
Commission, which shall be delivered or mailed to

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Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

and shall be accompanied by a letter identifying the case title, civil action
number, and name of this court; and specifying that payment is made in
compliance with this final judgment.
X.

 The court ORDERS that within 14 days after being served with a copy of
this final judgment, PayPal shall liquidate assets, insofar as needed, and
transfer the entire balance and any and all proceeds from the liquidation of the
following account (which was frozen by order of this court) to the Commission:
Account Owner Acct. Ending
in:
Justin Smith *9846
 PayPal may transmit payment electronically to the Commission, which
will provide detailed ACH transfer/Fedwire instructions upon request.
Payment may also be made directly from a bank account via Pay.gov through
the SEC website at http://www.sec.gov/about/offices/ofm.htm. PayPal also
may transfer these funds by certified check, bank cashier’s check, or United
States postal money order payable to the Securities and Exchange
Commission, which shall be delivered or mailed to
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

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and shall be accompanied by a letter identifying the case title, civil action
number, and name of this court; and specifying that payment is made in
compliance with this final judgment.
XI.

 The court ORDERS that within 14 days after being served with a copy of
this final judgment, Robinhood Markets, Inc. (Robinhood) shall liquidate
assets, insofar as needed, and transfer the entire balance and any and all
proceeds from the liquidation of the following account (which was frozen by
order of this court) to the Commission:
Account Owner Acct. Ending
in:
Justin Smith *2649
 Robinhood may transmit payment electronically to the Commission,
which will provide detailed ACH transfer/Fedwire instructions upon request.
Payment may also be made directly from a bank account via Pay.gov through
the SEC website at http://www.sec.gov/about/offices/ofm.htm. Robinhood
also may transfer these funds by certified check, bank cashier’s check, or
United States postal money order payable to the Securities and Exchange
Commission, which shall be delivered or mailed to
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

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and shall be accompanied by a letter identifying the case title, civil action
number, and name of this court; and specifying that payment is made in
compliance with this final judgment.
XII.

 The court ORDERS  that within 14 days after being served with a copy of
this final judgment, TD Ameritrade Inc. (TD Ameritrade) shall liquidate assets,
insofar as needed, and transfer the entire balance and any and all proceeds
from the liquidation of the following account (which was frozen by order of this
court) to the Commission:
Account Owner Acct. Ending
in:
Justin Smith *9243
 TD Ameritrade may transmit payment electronically to the Commission,
which will provide detailed ACH transfer/Fedwire instructions upon request.
Payment may also be made directly from a bank account via Pay.gov through
the SEC website at http://www.sec.gov/about/offices/ofm.htm. TD Ameritrade
also may transfer these funds by certified check, bank cashier’s check, or
United States postal money order payable to the Securities and Exchange
Commission, which shall be delivered or mailed to
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

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and shall be accompanied by a letter identifying the case title, civil action
number, and name of this court; and specifying that payment is made in
compliance with this final judgment.
XIII.

 The court ORDERS that within 14 days after being served with a copy of
this final judgment, Wells Fargo (Wells Fargo) shall transfer the entire balance
of the following account (which was frozen by order of this court) to the
Commission:
Account Owner Acct. Ending
in:
Justin Smith *7527
 Wells Fargo may transmit payment electronically to the Commission,
which will provide detailed ACH transfer/Fedwire instructions upon request.
Payment may also be made directly from a bank account via Pay.gov through
the SEC website at http://www.sec.gov/about/offices/ofm.htm. Wells Fargo
also may transfer these funds by certified check, bank cashier’s check, or
United States postal money order payable to the Securities and Exchange
Commission, which shall be delivered or mailed to
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169
and shall be accompanied by a letter identifying the case title, civil action
number, and name of this court; and specifying that payment is made in
compliance with this final judgment.

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XIV.

 The court ORDERS  that the asset freeze as to all accounts in the name
of Smith, or over which he has signature authority, not otherwise mentioned in
this judgment is lifted.

XV.

The court ORDERS that, solely for purposes of exceptions to discharge
set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. §523, the
allegations in the complaint are true and admitted by Smith, and further, any
debt for disgorgement, prejudgment interest, civil penalty or other amounts
due by Smith under this final judgment or any other judgment, order, consent
order, decree or settlement agreement entered in connection with this
proceeding, is a debt for the violation of the federal securities laws or any
regulation or order issued under such laws, as set forth in Section 523(a)(19) of
the Bankruptcy Code, 11 U.S.C. §523(a)(19).
XVI.
 The court ORDERS that this court shall retain jurisdiction of this matter
for the purposes of enforcing the terms of this Final Judgment.
Dated in Milwaukee, Wisconsin this 25th day of August, 2025.

LINDA M. KLEMM    BY THE COURT:
Clerk of Court

s/ Cary Biskupic    _____________________________________
(by) Deupty Clerk    HON. PAMELA PEPPER
Chief United States District Judge

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UNITED STATES DISTRICT COURT 
EASTERN DISTRICT OF WISCONSIN 

 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION,  
 

   Plaintiff, 

          
 v. 
 

CHARLES T. LAWRENCE, JR., 
 

   Defendant, 
 
 and       Case No. 23-cv-550-pp 

 
LANDES PRIVE, LLC; 

LANDES AND COMPAGNIE TRUST PRIVE 
a/k/a Landes and Compagnie Trst Prive KB; 
HEKYEAH, LLC; JUSTIN D. SMITH  

and BRENDA M. BISNER,  
 

   Relief Defendants. 
 

 
FINAL JUDGMENT AS TO RELIEF DEFENDANT JUSTIN D. SMITH 

 __________________________________________________________________________________ 
 

Relief Defendant Justin D. Smith consents to entry of this final judgment 

without admitting or denying the allegations fo the complaint (except as to 

jurisdiction and as otherwise provided in this judgment), waives fndings of fact 

and conclusions of law and waives any right to appeal from this final judgment.   

I. 

 The court ORDERS AND ADJUDGES that relief defendant Justin Smith 

is liable, jointly and severally with Landes and Compagnie Trust Prive a/k/a 

Landes and Compagnie Trst Prive KB (Landes KB), for disgorgement of 

$297,700, which represents ill-gotten funds received by the relief defendants as 

Case 2:23-cv-00550-PP     Filed 08/25/25     Page 1 of 15     Document 102



2 

 

alleged in the complaint, together with prejudgment interest thereon in the 

amount of $38,371, for a total of $336,071. Smith shall satisfy this obligation 

by paying $336,071 to the Securities and Exchange Commission under the 

terms of the payment schedule set forth in Paragraph II below after entry of 

this final judgment. 

Smith may transmit payment electronically to the Commission, which 

will provide detailed ACH transfer/Fedwire instructions upon request.  

Payment may also be made directly from a bank account via Pay.gov through 

the SEC website at http://www.sec.gov/about/offices/ofm.htm. Smith may 

also pay by certified check, bank cashier’s check, or United States postal 

money order payable to the Securities and Exchange Commission, which shall 

be delivered or mailed to  

Enterprise Services Center 

Accounts Receivable Branch 
6500 South MacArthur Boulevard 
Oklahoma City, OK 73169 

 

 and shall be accompanied by a letter identifying the case title, civil action 

number, and name of this court; Justin D. Smith as a relief defendant in this 

action; and specifying that payment is made in compliance with this final 

judgment.   

Smith shall simultaneously transmit photocopies of evidence of payment 

and case identifying information to the Commission’s counsel in this action.  

By making this payment, Smith relinquishes all legal and equitable right, title, 

and interest in such funds and no part of the funds shall be returned to him. 

The Commission shall hold the funds (collectively, the Fund) until 

Case 2:23-cv-00550-PP     Filed 08/25/25     Page 2 of 15     Document 102



3 

 

further order of this court. The Commission may propose a plan to distribute 

the fund subject to the court’s approval, and the court shall retain jurisdiction 

over the administration of any distribution of the fund.   

The Commission may enforce the court’s judgment for disgorgement and 

prejudgment interest by using all collection procedures authorized by law, 

including, but not limited to, moving for civil contempt at any time after 30 

days following entry of this final judgment. Smith shall pay post judgment 

interest on any amounts due after 30 days of entry of this final judgment under 

28 U.S.C. § 1961.   

II.  
 

Smith shall pay the total of disgorgement and prejudgment interest due 

of $336,071 in five installment payments to the Commission according to the 

following schedule:  (1) $44,000 within 14 days of entry of this final judgment, 

which shall be satisfied by the transfers described in Paragraph III through 

Paragraph XIII below; (2) $73,017.75 within 90 days of entry of this final 

judgment, (3) $73,017.75 within 180 days of entry of this final judgment; (4) 

$73,017.75 within 270 days of entry of this final judgment; and (5) $73,017.75 

within 360 days of entry of this final judgment. Should the amount transferred 

from Smith’s frozen accounts total more than $44,000, the additional amount 

shall be applied as a credit to the second installment.  Should the amount be 

less than $44,000, the difference shall be added to the balance of the second 

installment. Payments shall be deemed made on the date they are received by 

the Commission and shall be applied first to post judgment interest, which 

Case 2:23-cv-00550-PP     Filed 08/25/25     Page 3 of 15     Document 102



4 

 

accrues under 28 U.S.C. §1961 on any unpaid amounts due after 30 days of 

the entry of Final Judgment. Prior to making the final payment set forth herein, 

Smith shall contact the staff of the Commission for the amount due for the 

final payment.  

If Smith fails to make any payment by the date agreed and/or in the 

amount agreed according to the schedule set forth above, all outstanding 

payments under this final judgment, including post judgment interest, minus 

any payments made, shall become due and payable immediately at the 

discretion of the staff of the Commission without further application to the 

court. 

III. 
 

 The court ORDERS that within 14 days after being served with a copy of 

this final judgment, Ally Invest Securities (Ally) shall liquidate assets, insofar as 

needed, and transfer the entire balance and any and all proceeds from the 

liquidation of the following account (which was frozen by order of this court) to 

the Commission: 

Account Owner Acct. Ending 

in: 

Justin D. Smith *2210 

 Ally may transmit payment electronically to the Commission, which will 

provide detailed ACH transfer/Fedwire instructions upon request. Payment 

may also be made directly from a bank account via Pay.gov through the SEC 

website at http://www.sec.gov/about/offices/ofm.htm.  Ally also may transfer 

these funds by certified check, bank cashier’s check, or United States postal 

Case 2:23-cv-00550-PP     Filed 08/25/25     Page 4 of 15     Document 102



5 

 

money order payable to the Securities and Exchange Commission, which shall 

be delivered or mailed to  

Enterprise Services Center  
Accounts Receivable Branch  
6500 South MacArthur Boulevard  

Oklahoma City, OK 73169  
 

and shall be accompanied by a letter identifying the case title, civil action 

number, and name of this court; and specifying that payment is made in 

compliance with this final judgment. 

IV.  
 

 The court ORDERS that within 14 days after being served with a copy of 

this final judgment, American Express (American Express) shall transfer the 

entire balance of the following accounts (which were frozen by order of this 

court) to the Commission: 

Account Owner Acct. Ending 
in: 

Justin Smith *4852 

Justin Smith *0368 

 American Express may transmit payment electronically to the 

Commission, which will provide detailed ACH transfer/Fedwire instructions 

upon request. Payment may also be made directly from a bank account via 

Pay.gov through the SEC website at http://www.sec.gov/about/offices/ 

ofm.htm. American Express also may transfer these funds by certified check, 

bank cashier’s check, or United States postal money order payable to the 

Securities and Exchange Commission, which shall be delivered or mailed to  

Case 2:23-cv-00550-PP     Filed 08/25/25     Page 5 of 15     Document 102



6 

 

Enterprise Services Center  
Accounts Receivable Branch  

6500 South MacArthur Boulevard  
Oklahoma City, OK 73169  

 

and shall be accompanied by a letter identifying the case title, civil action 

number, and name of this court; and specifying that payment is made in 

compliance with this final judgment. 

V. 

 

 The court ORDERS that within 14 days after being served with a copy of 

this final judgment, Bank of America, N.A. (BoA) shall liquidate assets, insofar 

as needed, and transfer the entire balance and any and all proceeds from the 

liquidation of the following accounts (which were frozen by order of this court)  

to the Commission: 

Account Owner Acct. Ending 
in: 

Healthcare Solutions Holdings, 
Inc. 

*8290 

Justin Smith *2699 

Justin Smith *2686 

Advance Care Medical 
Tennessee, Inc. 

*4494 

Landes and Compagnie Trust 
Prive 

*7969 

 BoA may transmit payment electronically to the Commission, which will 

provide detailed ACH transfer/Fedwire instructions upon request. Payment 

may also be made directly from a bank account via Pay.gov through the SEC 

website at http://www.sec.gov/about/offices/ofm.htm. BoA also may transfer 

Case 2:23-cv-00550-PP     Filed 08/25/25     Page 6 of 15     Document 102



7 

 

these funds by certified check, bank cashier’s check, or United States postal 

money order payable to the Securities and Exchange Commission, which shall 

be delivered or mailed to  

Enterprise Services Center  

Accounts Receivable Branch  
6500 South MacArthur Boulevard  
Oklahoma City, OK 73169  

 

and shall be accompanied by a letter identifying the case title, civil action 

number, and name of this court; and specifying that payment is made in 

compliance with this final judgment. 

VI. 
 

 The court ORDERS that within 14 days after being served with a copy of 

this final judgment, Coinbase (Coinbase) shall liquidate assets and/or convert 

any crypto assets into U.S. dollars, insofar as needed, and transfer the entire 

balance and any and all proceeds from the liquidation of the following account 

(which was frozen by an order of this court) to the Commission: 

Account Owner Acct. Ending 

in: 

Justin Smith *0c06 

 Coinbase may transmit payment electronically to the Commission, which 

will provide detailed ACH transfer/Fedwire instructions upon request.  

Payment may also be made directly from a bank account via Pay.gov through 

the SEC website at http://www.sec.gov/about/offices/ofm.htm. Coinbase also 

may transfer these funds by certified check, bank cashier’s check, or United 

Case 2:23-cv-00550-PP     Filed 08/25/25     Page 7 of 15     Document 102



8 

 

States postal money order payable to the Securities and Exchange 

Commission, which shall be delivered or mailed to  

Enterprise Services Center  
Accounts Receivable Branch  
6500 South MacArthur Boulevard  

Oklahoma City, OK 73169  
 

and shall be accompanied by a letter identifying the case title, civil action 

number, and name of this court; and specifying that payment is made in 

compliance with this final judgment. 

VII. 
 

 The court ORDERS that within 14 days after being served with a copy of 

this final judgment, JP Morgan Chase Bank, N.A. (JPMC) shall transfer the 

entire balance of the following account (which was frozen by order of this court) 

to the Commission: 

Account Owner Acct. Ending 
in: 

Landes and Compagnie Trst 
Prive KB 

*0366 

 JPMC may transmit payment electronically to the Commission, which 

will provide detailed ACH transfer/Fedwire instructions upon request.  

Payment may also be made directly from a bank account via Pay.gov through 

the SEC website at http://www.sec.gov/about/offices/ofm.htm. JPMC also 

may transfer these funds by certified check, bank cashier’s check, or United 

States postal money order payable to the Securities and Exchange 

Commission, which shall be delivered or mailed to 

Case 2:23-cv-00550-PP     Filed 08/25/25     Page 8 of 15     Document 102



9 

 

 

Enterprise Services Center  
Accounts Receivable Branch  

6500 South MacArthur Boulevard  
Oklahoma City, OK 73169  
 

and shall be accompanied by a letter identifying the case title, civil action 

number, and name of this court; and specifying that payment is made in 

compliance with this final judgment. 

VIII. 
 

 The court ORDERS that within 14 days after being served with a copy of 

this final judgment, Merrill Lynch, Pierce, Fenner & Smith Incorporated (Merrill 

Lynch) shall liquidate assets, insofar as needed, and transfer the entire balance 

and any and all proceeds from the liquidation of the following accounts (which 

were frozen by order of this court) to the Commission: 

Account Owner Acct. Ending 
in: 

Justin D. Smith IRA *7a87 

Justin D. Smith IRA *7a88 

Justin D. Smith *3L25 

Justin D. Smith *8M12 

 Merrill Lynch may transmit payment electronically to the Commission, 

which will provide detailed ACH transfer/Fedwire instructions upon request.  

Payment may also be made directly from a bank account via Pay.gov through 

the SEC website at http://www.sec.gov/about/offices/ofm.htm. Merrill Lynch 

also may transfer these funds by certified check, bank cashier’s check, or 

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10 

 

United States postal money order payable to the Securities and Exchange 

Commission, which shall be delivered or mailed to  

Enterprise Services Center  
Accounts Receivable Branch  
6500 South MacArthur Boulevard  

Oklahoma City, OK 73169  
 

and shall be accompanied by a letter identifying the case title, civil action 

number, and name of this court; and specifying that payment is made in 

compliance with this final judgment. 

IX. 
 

 The court ORDERS that within 14 days after being served with a copy of 

this final judgment, Navy Federal Credit Union (Navy Federal) shall transfer the 

entire balance of the following accounts (which were frozen by order of this 

court) to the Commission: 

Account Owner Acct. Ending 
in: 

Justin Smith *1059 

Justin Smith *0516 

 Navy Federal may transmit payment electronically to the Commission, 

which will provide detailed ACH transfer/Fedwire instructions upon request.  

Payment may also be made directly from a bank account via Pay.gov through 

the SEC website at http://www.sec.gov/about/offices/ofm.htm. Navy Federal 

also may transfer these funds by certified check, bank cashier’s check, or 

United States postal money order payable to the Securities and Exchange 

Commission, which shall be delivered or mailed to  

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11 

 

Enterprise Services Center  
Accounts Receivable Branch  

6500 South MacArthur Boulevard  
Oklahoma City, OK 73169  

 

and shall be accompanied by a letter identifying the case title, civil action 

number, and name of this court; and specifying that payment is made in 

compliance with this final judgment. 

X. 

 

 The court ORDERS that within 14 days after being served with a copy of 

this final judgment, PayPal shall liquidate assets, insofar as needed, and 

transfer the entire balance and any and all proceeds from the liquidation of the 

following account (which was frozen by order of this court) to the Commission: 

Account Owner Acct. Ending 

in: 

Justin Smith *9846 

 PayPal may transmit payment electronically to the Commission, which 

will provide detailed ACH transfer/Fedwire instructions upon request.  

Payment may also be made directly from a bank account via Pay.gov through 

the SEC website at http://www.sec.gov/about/offices/ofm.htm. PayPal also 

may transfer these funds by certified check, bank cashier’s check, or United 

States postal money order payable to the Securities and Exchange 

Commission, which shall be delivered or mailed to  

Enterprise Services Center  
Accounts Receivable Branch  

6500 South MacArthur Boulevard  
Oklahoma City, OK 73169  

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12 

 

and shall be accompanied by a letter identifying the case title, civil action 

number, and name of this court; and specifying that payment is made in 

compliance with this final judgment. 

XI. 

 

 The court ORDERS that within 14 days after being served with a copy of 

this final judgment, Robinhood Markets, Inc. (Robinhood) shall liquidate 

assets, insofar as needed, and transfer the entire balance and any and all 

proceeds from the liquidation of the following account (which was frozen by 

order of this court) to the Commission: 

Account Owner Acct. Ending 
in: 

Justin Smith *2649 

 Robinhood may transmit payment electronically to the Commission, 

which will provide detailed ACH transfer/Fedwire instructions upon request.  

Payment may also be made directly from a bank account via Pay.gov through 

the SEC website at http://www.sec.gov/about/offices/ofm.htm. Robinhood 

also may transfer these funds by certified check, bank cashier’s check, or 

United States postal money order payable to the Securities and Exchange 

Commission, which shall be delivered or mailed to  

Enterprise Services Center  
Accounts Receivable Branch  

6500 South MacArthur Boulevard  
Oklahoma City, OK 73169  

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13 

 

and shall be accompanied by a letter identifying the case title, civil action 

number, and name of this court; and specifying that payment is made in 

compliance with this final judgment.    

XII. 

 

 The court ORDERS  that within 14 days after being served with a copy of 

this final judgment, TD Ameritrade Inc. (TD Ameritrade) shall liquidate assets, 

insofar as needed, and transfer the entire balance and any and all proceeds 

from the liquidation of the following account (which was frozen by order of this 

court) to the Commission: 

Account Owner Acct. Ending 
in: 

Justin Smith *9243 

 TD Ameritrade may transmit payment electronically to the Commission, 

which will provide detailed ACH transfer/Fedwire instructions upon request.  

Payment may also be made directly from a bank account via Pay.gov through 

the SEC website at http://www.sec.gov/about/offices/ofm.htm. TD Ameritrade 

also may transfer these funds by certified check, bank cashier’s check, or 

United States postal money order payable to the Securities and Exchange 

Commission, which shall be delivered or mailed to  

Enterprise Services Center  
Accounts Receivable Branch  

6500 South MacArthur Boulevard  
Oklahoma City, OK 73169  

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14 

 

and shall be accompanied by a letter identifying the case title, civil action 

number, and name of this court; and specifying that payment is made in 

compliance with this final judgment. 

XIII. 

 

 The court ORDERS that within 14 days after being served with a copy of 

this final judgment, Wells Fargo (Wells Fargo) shall transfer the entire balance 

of the following account (which was frozen by order of this court) to the 

Commission: 

Account Owner Acct. Ending 

in: 

Justin Smith *7527 

 Wells Fargo may transmit payment electronically to the Commission, 

which will provide detailed ACH transfer/Fedwire instructions upon request.  

Payment may also be made directly from a bank account via Pay.gov through 

the SEC website at http://www.sec.gov/about/offices/ofm.htm. Wells Fargo 

also may transfer these funds by certified check, bank cashier’s check, or 

United States postal money order payable to the Securities and Exchange 

Commission, which shall be delivered or mailed to  

Enterprise Services Center  

Accounts Receivable Branch  
6500 South MacArthur Boulevard  
Oklahoma City, OK 73169  

and shall be accompanied by a letter identifying the case title, civil action 

number, and name of this court; and specifying that payment is made in 

compliance with this final judgment. 

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15 

 

XIV. 
 

 The court ORDERS  that the asset freeze as to all accounts in the name 

of Smith, or over which he has signature authority, not otherwise mentioned in 

this judgment is lifted.  

 
XV. 

 

The court ORDERS that, solely for purposes of exceptions to discharge 

set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. §523, the 

allegations in the complaint are true and admitted by Smith, and further, any 

debt for disgorgement, prejudgment interest, civil penalty or other amounts 

due by Smith under this final judgment or any other judgment, order, consent 

order, decree or settlement agreement entered in connection with this 

proceeding, is a debt for the violation of the federal securities laws or any 

regulation or order issued under such laws, as set forth in Section 523(a)(19) of 

the Bankruptcy Code, 11 U.S.C. §523(a)(19). 

XVI. 

 The court ORDERS that this court shall retain jurisdiction of this matter 

for the purposes of enforcing the terms of this Final Judgment. 

Dated in Milwaukee, Wisconsin this 25th day of August, 2025. 

 
LINDA M. KLEMM    BY THE COURT: 

Clerk of Court 
 
s/ Cary Biskupic    _____________________________________ 

(by) Deupty Clerk    HON. PAMELA PEPPER 
Chief United States District Judge   

  

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