Barry Honig vs. Christopher Drose Federal Lawsuit Filing

This federal court complaint provides a detailed blueprint of exactly how “short and distort” attacks against Honig operated. Christopher Drose created a fake research firm called “Bleecker Street Research” while he was an undergraduate student, published false accusations against Honig while holding short positions in ChromaDx and Pershing Gold, then profited when the stock prices collapsed. 

The lawsuit documents how ChromaDx lost over $100 million in market value in a single day based on Drose’s false statements. Nine days later, after Drose covered his short positions and made his profits, he quietly retracted the entire article, admitting the statements “were not supported” and were “allegedly factually inaccurate.” This legal filing exposes the systematic nature of the attacks against Honig and provides contemporaneous evidence of the financial manipulation tactics used against his companies.