“Bankrupt Mt. Gox, once the world’s biggest Bitcoin exchange, was sued by a customer in federal court in Chicago in a proposed class-action lawsuit representing all U.S. users who lost money. The Mt. Gox exchange announced Feb. 24 it had lost 750,000 Bitcoins belonging to users and 100,000 more of its own. The exchange filed for bankruptcy today in Tokyo, saying in a statement that its debt exceeded its assets by 2.7 billion yen ($26.4 million). Greene is pursuing class-action, or group, status on behalf of all people in the U.S. who paid Mt. Gox to buy, sell or trade in bitcoins as well as a those who had currency stored with the Japanese entity on Feb. 7.”
Related posts:
Cab drivers irate as ban against livery app reversed
Ron Paul: We're Broke and Already Over Fiscal Cliff - Bloomberg 11/08/2012
Pro-Mursi protester shot dead as Egypt standoff intensifies
Pentagon to expand intelligence gathering to rival CIA
Negative Yields on Eurozone Sovereign Bonds Becoming New Normal
Electric Carmaker Struggles as Its Production Lags
Morsi and Muslim Brotherhood Leaders Charged With Inciting Murder
Officers at US nuclear missile base suspended in illegal drugs case
NHS hospital spends £1.3million on fleet of Swiss robot workers
China's central bank ready to unveil deposit insurance
‘Citizen Drone Warfare’: Hobbyist explores a frightening scenario
Under military rule, Venezuela oil workers quit in a stampede
Son of legendary Chinese Communist military leader apologizes for Cultural Revolution
U.S. Will Simulate a Knockout Blow of Electric Power Grid This November
Prosecutors charge 6 in $300M credit card hacking scheme