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Topic: Bitfinex is suing Wells Fargo over blocked wire transfers (Read 310 times)
https://bravenewcoin.com/news/wells-fargo-sued-for-suspending-bitfinex-wire-transfers/
There is a thread on this on reddit, in which Mark Kapeles aka MagicalTux (of mtgox fame) popped up to say that suing intermediate banks was a waste of time. He had some other interesting things to say too. Here is the thread:
https://www.reddit.com/r/Bitcoin/comments/647ojo/wells_fargo_sued_for_suspending_bitfinex_wire/
Quote
The parent company of the Hong Kong-based bitcoin exchange, Bitfinex, recently filed a lawsuit against Wells Fargo & Company and Wells Fargo Bank. “This is an action for intentional interference with contractual relations and injunction relief arising from Wells Fargo's interference with plaintiffs' customer contracts,” states the court document.
Filed with the United States District Court of Northern District of California, San Francisco Division, the lawsuit lists four plaintiffs: iFinex Inc, BFXNA Inc, BFXWW Inc, and Tether Limited. A jury trial is demanded.
“Wells Fargo has suspended U.S. dollar wire transfer operations needed to remit to plaintiffs' customers U.S. dollars that the customers deposited with plaintiffs to purchase digital currency, causing imminent and irreparable harm to plaintiffs.”
- Bitfinex Vs Wells Fargo Complaint
Filed with the United States District Court of Northern District of California, San Francisco Division, the lawsuit lists four plaintiffs: iFinex Inc, BFXNA Inc, BFXWW Inc, and Tether Limited. A jury trial is demanded.
“Wells Fargo has suspended U.S. dollar wire transfer operations needed to remit to plaintiffs' customers U.S. dollars that the customers deposited with plaintiffs to purchase digital currency, causing imminent and irreparable harm to plaintiffs.”
- Bitfinex Vs Wells Fargo Complaint
There is a thread on this on reddit, in which Mark Kapeles aka MagicalTux (of mtgox fame) popped up to say that suing intermediate banks was a waste of time. He had some other interesting things to say too. Here is the thread:
https://www.reddit.com/r/Bitcoin/comments/647ojo/wells_fargo_sued_for_suspending_bitfinex_wire/
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