Tag: class action suit

Ontario Superior Court of Justice Dismisses Class Action Against Mt.Gox

The Ontario Superior Court of Justice has tossed out a class action lawsuit filed by Canadian citizens who were victims in the Mt.Gox fraud. The suit was filed in 2014 against several business entities tied to the scam in Japan and North America: MtGox Inc., Mt. Gox KK, Tibanne KK, Mt. Gox North America Inc., Mizuho Bank, Ltd., Mark Karpeles and Jed Mccaleb. According to a notice posted by Charney …
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Florida Judge Freezes Cryptsy Assets and Appoints Receiver

In January of 2016, several users filed a class action suit against Cryptsy in Florida, in attempt to recover any remains of their deposits after the embattled exchange abruptly closed its doors. Today, Kenneth Marra, a Florida District Judge, has put a freeze on what remains of assets belonging to defunct digital currency exchange Cryptsy. According to court documents, James D. Sallah has been appointed as Receiver in the case. …
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US District Judge Allows Mt.Gox Class Action Lawsuit Against Mizuho Bank to Proceed in California

Northern District of Illinois Judge Gary Feinerman, has ruled that a class action suit filed in Illinois by victims of the the Mt.Gox fraud against Japanese bank Mizuho, will be moved to the Central District of California based on long-arm statute. “California’s long-arm statute allows the exercise of personal jurisdiction to the full extent permissible under the U.S. Constitution.” Mizuho attempted to have the suit relocated to Japan on jurisdictional …
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