Titanium Blockchain: 2026 civil judgment links disgorgement to restitution
The signed judgment follows Stollery's criminal sentence and explains why two remedy figures cannot simply be added.
- Cited claims
- 2
- Source records
- 2
- Edition revision
- 2
In this investigation
A later signed civil judgment
A final civil judgment signed on 17 February 2026 orders Michael Alan Stollery to pay $142,268.10 in disgorgement and $46,888.46 in prejudgment interest, deemed satisfied by the $5,439,462.20 restitution order in his criminal case. Adding those amounts as wholly separate payments would misread the order. The judgment also imposes injunctions; its terms should be distinguished from the March 2023 prison sentence.
The court outcome
DOJ announced on 24 March 2023 that Michael Alan Stollery, founder of Titanium Blockchain Infrastructure Services, was sentenced to four years and three months in prison. The record concerns an initial coin offering that raised approximately $21 million from investors in the United States and elsewhere.
The materials used to sell the offer
The announcement says Stollery falsified aspects of the white papers describing the offering's purpose, technology and profitability prospects. It also describes fake client testimonials and false claims of relationships with the Federal Reserve and prominent companies. Those references were used to create apparent legitimacy; they did not establish endorsement by the named organisations.
Use of the money
According to the record, investor funds were commingled with personal funds and partly used for expenses unrelated to the business. This adds a separate question to the accuracy of marketing materials: whether the money was used as represented. A convincing white paper, even if technically detailed, cannot by itself answer that custody and spending question.
Sources, dates and limits
Checked 23 October 2026 against the criminal sentencing release and the reproduced signed court order. The signature date is 17 February; the hosting site's metadata says 20 February. The order, rather than the publisher's case summary, controls the account here.
Evidence & sources
- Adjudicated finding
DOJ's March 2023 record reports Michael Stollery's sentence and describes falsified white papers, fake testimonials and false business-relationship claims in the TBIS offering.
Supporting excerpt: CEO of Titanium Blockchain Sentenced for $21M Cryptocurrency Fraud Scheme
planted fake client testimonials
CEO of Titanium Blockchain Sentenced for $21M Cryptocurrency Fraud Scheme ↗ - Adjudicated finding
A final civil judgment signed on 17 February 2026 orders Michael Alan Stollery to pay $142,268.10 in disgorgement and $46,888.46 in prejudgment interest, deemed satisfied by the $5,439,462.20 restitution order in his criminal case. Adding those amounts as wholly separate payments would misread the order. The judgment also imposes injunctions; its terms should be distinguished from the March 2023 prison sentence.
Supporting excerpt: US District Court final judgment as to Michael Alan Stollery, signed 17 February 2026 (excerpt)
Dated: February 17, 2026
US District Court final judgment as to Michael Alan Stollery, signed 17 February 2026 (excerpt) ↗
