29.12 in Coinlenders.
I would be interested in joining depending on the level of commitment required. Happy to provide any information required though.
Topic: CoinLenders Lawsuit - page 11. (Read 25180 times)
6.0 BTC. I'm in.
I'm in also ^^
How will this work tho
Do the lawyers have to do an investigation and find out who he actually is
/ have the police been informed about this case yet
How will this work tho
Do the lawyers have to do an investigation and find out who he actually is
/ have the police been informed about this case yet
10 in CL here
I'd be interested in this - does physical location matter?
I'd be interested in this - does physical location matter?
327 CL
Get him into jail!
Get him into jail!
Hey I have 80.3 btc In coin lenders
No reply from tf since the generic emails
No reply from tf since the generic emails
299.03625778 BTC in CL
Yes everyone counts. The more there are in, the more power we have. And since it doesn't cost anything until there is a refund it should not be a problem for anyone to join.
The haircut would be much better than the one TF was offering btw.
..so ..yes!
The haircut would be much better than the one TF was offering btw.
..so ..yes!
Should those with a single BTC at CL even bother with this?
Should those with a single BTC at CL even bother with this?
I´m interested in going ahead if that´s the way to recover as much as possible. My total balance on CL is 226.17055261 (1 BTC is frozen on a CD).
Unfortunately I´ve no money now to pay in advance if neccesary (in fact I´ll have to get a loan in the next weeks to maintain my job). Nevertheless if is possible to start without having to pay in advance, I´ll be pleased to provide as much information as needed for the legal action. I´m Spanish, would be neccessary to me to eventually travel to Australia?
Thanks.
Watching.
I'm in aswell; 75.98128219 still in CL
I'm in!
AWESOME lol Can't wait to see this down the road.
8.7 Balance and I'd be interested...if they take an amount from the winning that'd be alright I'd get 4 BTC back instead of 1.1 or whatever TF would give, though I would settle if he'll ever contact me back >.> I'm in a bad spot now for that BTC which I wasn't in earlier
332.2162344:CL
I am interested
Thank you!
EDIT:
Just read trough the site of imf. They do work in asia as well.
It won't cost if there is no success.
They will get 25-45% success fee of the recovered amount.
If they freeze the assets that do belong to him and maybe the btc adresses which we can figure out are his.
Don't know how much they know about working on btc though.
if WE ALL WORK TOGETHER we are at about 5m aud.
I think that sounds better than waiting for TF to maybe talk again one day.. and it wont cost if there is no refund
I am interested
Thank you!
EDIT:
Just read trough the site of imf. They do work in asia as well.
It won't cost if there is no success.
They will get 25-45% success fee of the recovered amount.
If they freeze the assets that do belong to him and maybe the btc adresses which we can figure out are his.
Don't know how much they know about working on btc though.
if WE ALL WORK TOGETHER we are at about 5m aud.
I think that sounds better than waiting for TF to maybe talk again one day.. and it wont cost if there is no refund
Below is an email from an attorney in Sydney who I found through on online search so I cannot personally vouch for him or his law firm although his resume looks respectible.
Date: Fri, 22 Nov 2013 17:36:54 +1100
Subject: RE: Action Required:
Dear [dwdoc]:
Thank you for your email.
Having regard to the cost of pursuing a claim for USD 100,000 or so in this jurisdiction (which, frankly, would be out of all proportion to the amount in dispute as commercial litigation is very expensive here), I think that it would be much better to explore the possibility of bringing a class action together with other complainants from the bitcoin community. Although there are differences, class actions work in Australia in a way which is broadly similar to how they work in the USA.
I should also mention that lawyers in this jurisdiction are prohibited by law from acting on a contingency fee basis (i.e. to enter into a costs agreement whereby the amount payable to the law practice was calculated by reference to the amount of any award or settlement that may be recovered in any proceedings to which the agreement related).
However, some firms in this jurisdiction (ours not being one) are content to act on a “no win, no fee” basis.
Class actions here are often financed by litigation funders, which will pay all of the costs of the action but will expect a “success fee” which is typically between 25% and 45% of what is recovered. The leading Australian litigation funder is IMF:
http://www.imf.com.au/
We know the senior personnel at IMF (including their Chairman and Managing Director) very well and we could facilitate an introduction if you were able to assemble sufficient other complainants to get a class action together. In that regard, one would normally need at least 7 plaintiffs in order to commence a class action but IMF operates at the big end of the market and is generally interested only in claims worth $5 million or more. There may, however, be other litigation funders who would be interested.
Regards,
EDIT: Attorney has asked me to remove public display of his contact information at this early stage until level of interest is determined. PM me for details if desired.
Thoughts? Alternatives?
If this lawsuit is an option for you then please alert gaston909 or post here. He is keeping track of CL balances due.
https://bitcointalksearch.org/user/gaston909-86471
Date: Fri, 22 Nov 2013 17:36:54 +1100
Subject: RE: Action Required:
Dear [dwdoc]:
Thank you for your email.
Having regard to the cost of pursuing a claim for USD 100,000 or so in this jurisdiction (which, frankly, would be out of all proportion to the amount in dispute as commercial litigation is very expensive here), I think that it would be much better to explore the possibility of bringing a class action together with other complainants from the bitcoin community. Although there are differences, class actions work in Australia in a way which is broadly similar to how they work in the USA.
I should also mention that lawyers in this jurisdiction are prohibited by law from acting on a contingency fee basis (i.e. to enter into a costs agreement whereby the amount payable to the law practice was calculated by reference to the amount of any award or settlement that may be recovered in any proceedings to which the agreement related).
However, some firms in this jurisdiction (ours not being one) are content to act on a “no win, no fee” basis.
Class actions here are often financed by litigation funders, which will pay all of the costs of the action but will expect a “success fee” which is typically between 25% and 45% of what is recovered. The leading Australian litigation funder is IMF:
http://www.imf.com.au/
We know the senior personnel at IMF (including their Chairman and Managing Director) very well and we could facilitate an introduction if you were able to assemble sufficient other complainants to get a class action together. In that regard, one would normally need at least 7 plaintiffs in order to commence a class action but IMF operates at the big end of the market and is generally interested only in claims worth $5 million or more. There may, however, be other litigation funders who would be interested.
Regards,
EDIT: Attorney has asked me to remove public display of his contact information at this early stage until level of interest is determined. PM me for details if desired.
Thoughts? Alternatives?
If this lawsuit is an option for you then please alert gaston909 or post here. He is keeping track of CL balances due.
https://bitcointalksearch.org/user/gaston909-86471
/following
Have you checked your Signature lately...WHY ARE YOU STILL PUSHING INPUTS???
I have all signatures disabled, so wasn't something I even thought about. Fixed.
I have about 4.97 bitcoins in Coinlenders, a bit more than that if you count all the digits, but that's roughly the amount. Can you give an estimate on how much the lawsuit would cost per person? Given the current price of a bitcoin, I'd be willing to spend a couple hundred US dollars on the lawsuit, but if I'd have to pay much more than that, it'd get to be a large enough percentage that I'm inclined to just write it off as a dumb investment and expect not to see the money again.
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