Lawsuit: Dismissed Bank of Reveille v. Mysticphunky [2024] FCR 55

[Unseatedduke1]

IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT
EMERGENCY INJUNCTION​

We seek an urgent court order to freeze the current assets of the defendant (Mysticphunky). As outlined in [2023] FCR 58, we petition the government to seize the funds and properties identified as collateral, holding them until the resolution of the dispute over the funds. The following assets are requested to be taken into custody by the government until the conclusion of this case:

• In-game funds and Discover Bank Funds in the amount of: $47,000
• R066
• c653
• ab004

This emergency injunction is imperative to prevent the defendant from dissipating the loaned amount with the intention of not repaying it and to preclude the defendant from transferring the properties pledged as collateral for the loan.

Evidence substantiating the loan agreement and its default is provided below.

Spoiler: Exhibit A

Spoiler: Exhibit B

 

[Unseatedduke1]

IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT
CIVIL ACTION​

Bank Of Reveille (Represented by Dragon Law)
Plaintiff

v.

Mysticphunky
Defendant

COMPLAINT
The Plaintiff complains against the Defendant as follows:

On April 6, 2024, the defendant entered into a loan agreement with the plaintiff for a sum of $47,000 designated for personal use. The terms of the agreement stipulated a fixed interest rate of 12%, with repayment scheduled over 9 weeks at a rate of $5,848.88 per week. As collateral for the loan, the defendant pledged three properties:

1. R066 valued at $2,775
2. c653 valued at $2,185
3. ab004 valued at $40,000.

The initial week, the defendant made the first installment payment on the loan. Afterwards, the defendant ceased communication and left from the Bank discord server. Expressing concern regarding repayment, the bank Director of Operations contacted the defendant, only to be informed that they anticipated financial hardship and intended to discontinue activities within the DC community. Therefore defaulting on the rest of the loan amount including interest.


I. PARTIES

1. Nacholebraa (Director of Operations)
2. Mysticphunky (Defendant)

II. FACTS

1. On April 6, 2024, Mysticphunky engaged in a personal loan agreement with the Bank of Reveille, securing a loan amounting $47,000 at a fixed interest rate of 12%.
2. The terms of the loan specified weekly payments over a duration of 9 weeks, with each installment set at $5,848.88.
3. After making the initial payment, the defendant ceased communication and left the associated Discord server.
4. Despite efforts by the bank's Director of Operations to facilitate continued communication and payment, the defendant disclosed their intent to discontinue involvement within the DC community, indicating an intent to default on the loan.

III. CLAIMS FOR RELIEF
1. The defendant's default on the loan and failure to repay the bank constitutes a breach of contract, warranting the bank to seize collateral and pursue legal action accordingly.
2. The defendant's failure to fulfill their obligation to repay the loan has resulted in financial losses for the bank, encompassing not only the outstanding balance but also the accrued interest.


IV. PRAYER FOR RELIEF
The Plaintiff seeks the following from the Defendant:

1. In debt recovery, we seek $46,861.12 payable to the Bank of Reveille.
2. In liquidated damages, we request the transfer of ownership of the three properties that were pledged as collateral in the event of the defendant's default on the loan agreement.
3. We request legal damages amounting to $14,000, representing the costs incurred by the Bank of Reveille in pursuing legal recourse.

By making this submission, I agree I understand the penalties of lying in court and the fact that I am subject to perjury should I knowingly make a false statement in court.

DATED: This 15th day of April 2024

Spoiler: Client

Spoiler: Exhibit A

Spoiler: Exhibit B

Spoiler: Exhibit C

 

[SumoMC]

The Court will be GRANTING this Emergency Injunction and orders the Department of Justice to take possession of the following plots for the duration of this case:

1. R066
2. c653
3. ab004

Court also orders the Department of Justice to fine the Defendant in the amount of $47,000 from the various accounts and to hold on to it for the duration of this case.

Summons will be issued shortly.

 

[SumoMC]

IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT
WRIT OF SUMMONS


@MysticPhunky is required to appear before the Federal Court in the case of Bank of Reveille v. MysticPhunky.

Failure to appear within 72 hours of this summons will result in a default judgement based on the known facts of the case.

Both parties should make themselves aware of the Court Rules and Procedures, including the option of an in-game trial should both parties request one.​

 

[MysticPhunky]

those plots arnt mine anymore, and i cant make money

 

[MysticPhunky]

also never said i wouldent pay

 

[SumoMC]

@MysticPhunky you have less then 48 hours for you or your legal counsel to file the Answer to Complaint. If you can not afford legal representation, you can request a public defender.

 

[MysticPhunky]

I request a public defender

 

[SumoMC]

Very well, court is in recess until a public defender can be appointed.

 

[Unseatedduke1]

IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT​

Your Honor, The Plaintiff and Public Defender have come to an agreement that we wish for this court to enforce. We have agreed that the court order the DOJ to move the money from the defendant in the amount of the full debt $46,861.12 payable to the Bank of Reveille and legal fees of $14,000 paid to Dragon Law.

Thank you.

 

[ColonelKai]

IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT​

---

The Public Defender Office confirms above message.

 

[SumoMC]

IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT​

Your Honor, The Plaintiff and Public Defender have come to an agreement that we wish for this court to enforce. We have agreed that the court order the DOJ to move the money from the defendant in the amount of the full debt $46,861.12 payable to the Bank of Reveille and legal fees of $14,000 paid to Dragon Law.

Thank you.

The Court accepts this plea deal, this case is dismissed with prejudice.