So are we saying the $10k paid is covering this class action lawsuit?
That seems rather small for a class action, but I'm no lawyer.
Almost like these bitcoins & mining hardware are worth real money!
From that perspective, I'll call this decent news.
Topic: 2013-07-05 ESEA served with bitcoin-related class action action lawsuit (Read 826 times)
July 06, 2013, 06:56:51 AM
July 06, 2013, 05:55:20 AM
http://www.polygon.com/2013/7/5/4495192/esea-served-with-bitcoin-related-class-action-action-lawsuit
SEA co-owner Eric "lpkane" Thunberg, who initially said that the bitcoin mining idea began as an April Fools prank, revealed in May that an employee involved in the testing of the bitcoin mining code had been using the code "for his own personal gain since April 13, 2013." According to Thunberg, the bitcoin miner was running for two weeks, from April 14, and had earned 29.276 bitcoins, estimated to be around $3,713. As an apology, the ESEA offered premium users a free month of service. The association will also donate $7,427.10 to charity and will increase its season 14 league prize pot by $3,713.55.
SEA co-owner Eric "lpkane" Thunberg, who initially said that the bitcoin mining idea began as an April Fools prank, revealed in May that an employee involved in the testing of the bitcoin mining code had been using the code "for his own personal gain since April 13, 2013." According to Thunberg, the bitcoin miner was running for two weeks, from April 14, and had earned 29.276 bitcoins, estimated to be around $3,713. As an apology, the ESEA offered premium users a free month of service. The association will also donate $7,427.10 to charity and will increase its season 14 league prize pot by $3,713.55.
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