Author

Topic: 2013-09-16 Gigamom - Bitcoin exchange Mt. Gox counter-sues... (Read 592 times)

legendary
Activity: 2282
Merit: 1050
Monero Core Team
Quote
Mt. Gox is asking for a laundry list of things, including: a declaration that the partnership contract is void; the return of $62,258.70, C$40 dollars and 1,428.8 Bitcoins (worth roughly $165,000 today); and a constructive trust to return the approximately $5 million in customer accounts to the control of Mt. Gox.


Really?? 40 Canadian dollars? Please tell me I'm misinterpreting...

Anyway, I hope they can settle this out of court and in a timely fashion. This kind of quibbling between two of the largest BTC services is not exactly great for consumer confidence. Not that MtGox has really ever been good for consumer confidence.

It may not be so trivial since it does raise the question of MTGox going after Coinlab over Coinlab not having the required the regulatory greenlight to run Bitcoin exchanges in Canada.
hero member
Activity: 906
Merit: 1034
BTC: the beginning of stake-based public resources
Quote
Mt. Gox is asking for a laundry list of things, including: a declaration that the partnership contract is void; the return of $62,258.70, C$40 dollars and 1,428.8 Bitcoins (worth roughly $165,000 today); and a constructive trust to return the approximately $5 million in customer accounts to the control of Mt. Gox.


Really?? 40 Canadian dollars? Please tell me I'm misinterpreting...

Anyway, I hope they can settle this out of court and in a timely fashion. This kind of quibbling between two of the largest BTC services is not exactly great for consumer confidence. Not that MtGox has really ever been good for consumer confidence.

+1 lol

Scan read it so missed that one.
hero member
Activity: 715
Merit: 500
Quote
Mt. Gox is asking for a laundry list of things, including: a declaration that the partnership contract is void; the return of $62,258.70, C$40 dollars and 1,428.8 Bitcoins (worth roughly $165,000 today); and a constructive trust to return the approximately $5 million in customer accounts to the control of Mt. Gox.


Really?? 40 Canadian dollars? Please tell me I'm misinterpreting...

Anyway, I hope they can settle this out of court and in a timely fashion. This kind of quibbling between two of the largest BTC services is not exactly great for consumer confidence. Not that MtGox has really ever been good for consumer confidence.
hero member
Activity: 906
Merit: 1034
BTC: the beginning of stake-based public resources
Jump to: