“Not only did the exchange lose the virtual money, but it does not have the U.S. dollars to repay site members who had balances in BTC. Consequently, Shtylman is looking at the possibility of bankruptcy proceedings. If such measures are taken, it will be interesting to economists and Bitcoin users how the courts handle the valuation and repayment of this very unusual currency.”
http://www.nbcnews.com/technology/technolog/250-000-worth-bitcoins-stolen-net-heist-980871
(Visited 46 times, 1 visits today)
Related posts:
Larry Lessig Threatened With Bogus DMCA Notice; Decides To Fight Back
White House Picks Creepy Panel to Review NSA Programs
Brave Police Save Town From Man Selling Veggies
Congressional Spending Problem in Easy to Understand Format; It's Only Make Believe
Ex-Soros Advisor Sells Japan Holdings, Shorts Bonds; Sees Crash, Default, Hyperinflation
Dash cam video exposes cops killing man during routine traffic stop
How Hackers Will Help Build a Libertarian 21st Century
It’s Time to Take Action Against Washington and Wall Street
The Bush-Obama Great Stagnation
“We cannot trust” Intel and Via’s chip-based crypto: FreeBSD developers
David Stockman: There are Bubbles All Over, Hide in Cash
Market Volatility Makes a Comeback
7-Year-Old Aiyana Stanley's Home-Invasion Murderer Walks Free, Since He's A Cop
Rep. Alan Grayson on NSA spying: What if ‘Dictator Palin’ gets elected?
Get a U.S. Passport Now – While You Still Can