Following the arrangement made between baby shark Jeff and Lucian, Purple Jade Ltd and Lucian negotiated a new agreement instead of going to Court and incurring expenses. In the new settlement agreement, Purple Jade promised to supply the 500,000 units of Mochi at the price higher than the original price although still lower than market price. The estimated loss suffered by Purple Jade was approximately $50,000.

Twitch and Theo are shareholders of BestRice Ltd, with each owning 30% of the shares. In the meantime, Twitch is an executive director of BestRice Ltd while Theo is a non-executive director. The rest of the shares of the company are owned by Lisa, who is not a director.

Jeff is a personal friend of Twitch. After hearing about the dispute between BestRice Ltd and PestNoMore Ltd at a friend's catchup, Jeff advised Twitch that BestRice should sue PestNoMore Ltd for vicarious liability in tort. Twitch passed on the idea to the company and the Board decided that BestRice Ltd should sue PestNoMore. BestRice was successful in court and was awarded compensation covering most of the losses suffered due to the rice contamination. Twitch then convinced Theo that they should appoint Jeff as an executive director of the company given his professional background. At this point, no one in BestRice Ltd knew about Jeff's position in Purple Jade Ltd or the saga between Lucian and Purple Jade Ltd. On the other hand, clause 6 of BestRice Ltd's constitution provides that "Executive directors can only be appointed with written consent from 75% of the shareholders in a face-to-face shareholder meeting". No shareholder meeting was held in relation to Jeff's appointment, but Jeff was still appointed.

Eva was happy when she learned about Jeff's new appointment in BestRice Ltd. Purple Jade Ltd had 300,000 units of sushi rice in their Auckland warehouse. Desperate to maintain Purple Jade's cashflow, Eva told Jeff if he could fix a deal with BestRice Ltd and help sell the sushi rice, she would forget about the $50,000 loss from the mochi deal and will not sue Jeff personally. Furthermore, Jeff could keep his "storage manager" job if he wishes.

Motivated by Eva's proposal, Jeff brought up the potential deal with Purple Jade Ltd regarding the sushi rice in a board meeting of BestRice Ltd. Jeff described the deal to be a once-in-a-lifetime opportunity although they might need a loan from a bank. At first, Twitch and Theo were reluctant to approve the deal since they think the company could not take another blow. However, Jeff managed to convince the company's usual accountant to forge a financial report where the financial status of the company seemed to be fantastic. In the report, it shows that there is 40 bitcoin in the company's cryptocurrency wallet while, in fact, the company only had 4. (In 2016 and 2017 BestRice accepted bitcoin as an alternative payment method, but stopped because its bank did not want it to continue to accept bitcoin.) Relying on the report, Twitch and Theo approved the deal with Purple Jade Ltd.

There is just one last issue in front of Jeff. He needed to obtain a loan from a local bank, "JustCash New Zealand". Jeff approached the Business Loan Manager of JustCash New Zealand, Pyke. Within all the documents, the above-mentioned financial report was also presented to Pyke. Pyke requested to inspect the company's cryptocurrency wallet. Jeff then bribed Pyke with $10,000 and said "do me a favour brother". Pyke took the money and approved the loan. After the loan entered into BestRice Ltd's account, Jeff immediately arranged the performance of the agreement with Purple Jade Ltd.

Prior to the events above, a statute titled (Hypothetical) Digital Assets Act 2021 had come into force. The relevant sections provide the following:

Section 1, "The Act aims to ensure that the law provides a secure environment accommodating both cryptoassets and other digital assets in a way which allows the possibilities of this technology to flourish."

Section 4, "Any possession of digital assets by New Zealand companies shall be registered with the New Zealand Companies Office within 7 days of acquisition. This information will be available for public inspection. Any changes in such possession should be updated within 7 days."

Section 6, "A person committing an offence against section 4 is required to attend a mandatory training course and is liable for a fine not exceeding $100,000."

Section 11,"No person shall engage in conduct that is deceptive regarding digital assets."

Section 12, "A person committing an offence against section 11 is liable for a fine not exceeding 50% of the total value of the digital assets concerned."

Jeff could have got away with his dirty business if the rice market was stable and Lucian kept quiet. However, in July 2021 the rice market plummeted and BestRice Ltd could not sell the rice it purchased from Purple Jade Ltd and the company is on the verge of bankruptcy. In the meantime, Lucian tipped off several local media about his dispute with Purple Jade Ltd. The news titled "Legends never die! Baby Shark Jeff Steps up to Become the King of Mochi" was everywhere. That is when Lisa learned that Jeff was an ex-employee of Purple Jade Ltd. In addition, in a routine document review for past loan transactions within JustCash New Zealand, the bank found out that there is no record of the inspection on BestRice Ltd's cryptocurrency wallet. Furthermore, on the Company's Office website, there is no record showing that BestRice Ltd ever possessed any cryptocurrency.

Right now everyone is panicking, especially Jeff