“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/
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