Legal Opinion

Strum v. Mardam-Bey

District Court, District of Columbia

Decided September 4, 2026No. Civil Action No. 2024-0401Published

1Opinion of the Court

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA JONATHAN D. STRUM et al., Plaintiffs, v. Civil Action No. 24-401 (TJK) IBRAHIM MARDAM-BEY et al., Defendants. MEMORANDUM OPINION & ORDER As Jonathan Strum describes it, in May 2022, Ibrahim Mardam-Bey pitched him on invest- ing in cryptocurrency markets because they were down at the time. Strum says that later that month, he transferred $50,000 to Mardam-Bey to invest in a cryptocurrency fund. But according to Strum, that money never reached the fund. Instead, Strum alleges that his money was used for World Cup tickets in Qatar for…

2Cases cited36 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
  4. Charles Kowal v. MCI Communications CorporationCourt of Appeals for the D.C. Circuit · 1994
  5. Lashawn A. v. Marion S. Barry, Jr.Court of Appeals for the D.C. Circuit · 1996

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