“A lawsuit against Bitcoin’s main trading exchange Mt. Gox was filed this week regarding rights to the North American market. And no, the plaintiff is not seeking damages in Bitcoins. CoinLab, backed by venture capitalist Peter Vessenes, said it entered into an agreement with Mt. Gox in November that gave CoinLab access to Mt. Gox’s technology – its computer servers and the ‘exclusive right to certain intellectual property’ – so that CoinLab could provide exchange services to North American customers as Mt. Gox’s exclusive partner in the region. Mt. Gox is based in Japan. The suit alleges that Mt. Gox beached its contract with CoinLab.”
http://blogs.marketwatch.com/thetell/2013/05/03/bitcoin-exchange-mt-gox-hit-by-75-million-lawsuit/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Arrests Near Stock Exchange Top 150 on Occupy Wall St. Anniversary
Princeton University gives away free houses to anyone willing to haul them away
Prague sends aid package to Texas blast town in honor of shared Czech heritage
IRS to Protect Computer System Modernization From Budget Cuts [2011]
Junk-Rated Borrowers Reap Rewards in a World of Negative Yields
Cashless Sweden distributes paper leaflets preparing country for war with Russia
Nevada bill would levy 8% tax on brothels, Burning Man festival
French competition watchdog raids Apple stores
Twitter flash crash: Fake White House bomb report causes stock market panic
UK survey finds one new ‘legal high’ goes on sale every week in Britain
George Soros Prepares to Trade Cryptocurrencies
China Tells Investors: Go Ahead, Bet the House on Stocks
Bitcoin Rollercoaster Hits China, Challenging Supervision
Turning urine into brain cells could help fight Alzheimer’s, Parkinson’s
T.S.A. Expands Duties Beyond Airport Security