Topic: List of court cases, complaints, regulatory actions, etc. - page 10. (Read 234256 times)
I'm hoping for this thread to remain an index, mostly with just a brief summation and then links towards other threads and external sources -- rather than be where discussion for each index entry occurs. Feel free to reply with a link to a relevant thread where further discussion occurs or to other related content.
Coinlab, Inc v. Mt. Gox KK et al
May 2, 2013
Location: Washington (U.S. District Court, Western Washington)
Abstract: COMPLAINT against defendant(s) Mt. Gox KK, Tibanne KKC filed by Coinlab, Inc.
May 2, 2013
Location: Washington (U.S. District Court, Western Washington)
Abstract: COMPLAINT against defendant(s) Mt. Gox KK, Tibanne KKC filed by Coinlab, Inc.
Update: ANSWER AND COUNTERCLAIM
- http://numismatics.pwnz.org/wp-content/uploads/2013/09/MtGox-Answer.pdf
- http://bit.ly/1eowU72 (Browser-friendly PDF viewer)
Quote
According to MtGox, 'by the expiration of the Transition Period on March 22, 2013 CoinLab was not FinCEN registered as a money transmitter and was not licensed by any state to be a money transmitter.' Countercl. ¶ 33. Ergo, Coinlab breached the contract, and MtGox was no longer required to perform its obligations.
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A joint status report is due on September 20 to the federal court hearing the case, and some of the unanswered questions should be resolved.
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A joint status report is due on September 20 to the federal court hearing the case, and some of the unanswered questions should be resolved.
- http://numismatics.pwnz.org/coinlab-v-mtgox-answer-complaint
Quote
Bunger used a site called Black Market Revisited to offer and sell weapons to buyers across the world.
Quote
Black Market Reloaded is a site run by a company in Dresden, Germany,
I see the requirements for becoming an agent are still to not have an IQ higher than a chair.
United States v. Adam Joseph BUNGER A/K/A John Smith A/K/A Jarvis Smith
September, 2013
Location: Bowling Green, Kentucky
Abstract: Guns were sold through the anonymous marketplace Black Market Reloaded, shipped from Bowling Green, KY to an Australian Buyer. Australian customs intercepted the shipment. ATF agent filed complaint in US federal court.
And a little bit of LOL:
Ky man charged with shipping guns internationally
- http://www.bgdailynews.com/news/state/ky-man-charged-with-shipping-guns-internationally/article_36a01949-7c14-5702-868c-c2b21f218624.html
September, 2013
Location: Bowling Green, Kentucky
Abstract: Guns were sold through the anonymous marketplace Black Market Reloaded, shipped from Bowling Green, KY to an Australian Buyer. Australian customs intercepted the shipment. ATF agent filed complaint in US federal court.
Quote
Bureau of Alcohol, Tobacco, Firearms and Explosives agents said Bunger used a site called Black Market Revisited [sic] to offer and sell weapons to buyers across the world. Eventually, Special Agent David S. Hayes wrote in a criminal complaint that Bunger sold weapons to people in Australia, England and tried to sell one to a buyer in Sweden between June and August.
And a little bit of LOL:
Quote
Black Market Reloaded is a site run by a company in Dresden, Germany,
Ky man charged with shipping guns internationally
- http://www.bgdailynews.com/news/state/ky-man-charged-with-shipping-guns-internationally/article_36a01949-7c14-5702-868c-c2b21f218624.html
Advisory Opinion Request to U.S. Federal Election Committee (FEC)
August 13, 2013
Location: Washington, DC, USA
Abstract: A Political Action Committee solicits the FEC's opinion on varios aspects of Bitcoin being accepted for political campain contributions.
Advisory Opinion Request of Conservative Action Fund PAC
- http://saos.nictusa.com/aodocs/1245451.pdf
- http://bit.ly/17FKUC1 (via browser-based PDF viewer)
Feds could allow Bitcoin campaign donations
- http://www.politico.com/story/2013/09/bitcoin-campaign-donations-96301.html?hp=l12
August 13, 2013
Location: Washington, DC, USA
Abstract: A Political Action Committee solicits the FEC's opinion on varios aspects of Bitcoin being accepted for political campain contributions.
Quote
CAF wishes to accept Bitcoins as monetary and in-kind contributions from individuals and organizations otherwise lawfully able to contribute. CAF also intends to sell, spend, and directly contribute these Bitcoins. These actions are similar to those permitted by other Advisoiy Opinions, including BARTERPAC and Cogswell, and the FEC should have no concern in pennitting them. So CAF can ensure compliance with FECA and FEC regulations, CAF seeks guidance on valuing, retaining, selling, spending, and contributing Bitcoins received as contributions.
Advisory Opinion Request of Conservative Action Fund PAC
- http://saos.nictusa.com/aodocs/1245451.pdf
- http://bit.ly/17FKUC1 (via browser-based PDF viewer)
Feds could allow Bitcoin campaign donations
- http://www.politico.com/story/2013/09/bitcoin-campaign-donations-96301.html?hp=l12
SEC v. Trendon T. Shavers, et al CASE NO. 4:13-CV-416
July 23, 2013
Location: Sherman, TX, USA
July 23, 2013
Location: Sherman, TX, USA
Further development with this case.
CLERK'S ENTRY OF DEFAULT
- http://ia600904.us.archive.org/35/items/gov.uscourts.txed.146063/gov.uscourts.txed.146063.25.0.pdf
- http://bit.ly/141B1Mp <-- Browser friendly (PDF Viewer)
Quote
Each of the defendants named below has failed to plead or defend herein
Thats how much now? 5kk+? Nicely sunk.
Seizure Warrant - Funds in Dwolla account of Mutum Sigillum, LLC [Mt. Gox]
May 14, 2013
Location: USA
Abstract: The U.S. Dept. of Homeland Security (DHS) has seized funds in the accounts used by Mt. Gox at Dwolla and Wells Fargo.
May 14, 2013
Location: USA
Abstract: The U.S. Dept. of Homeland Security (DHS) has seized funds in the accounts used by Mt. Gox at Dwolla and Wells Fargo.
And here's the other shoe that we knew had been dropped.
$2.1 million from the Wells Fargo account, seized in June frm both a Mt. Gox (Mutum Sigillum LLC) account as well as an account in Mark Karpeles' own name.
U.S. District Court (District of Maryland) Case Number: 13-1085SAG
Additional $2.1M Seized from Mt. Gox Accounts – Now Over $5M Total
- http://thegenesisblock.com/warrant-for-mt-gox-wells-fargo-accounts-shows-additional-2-1m-seized/
- http://ge.tt/49PqWcq/v/0?c (Affidavit In Support Of Seizure Warrant)
- http://ge.tt/5H5GXcq/v/0?c (Seizure Warrant)
Seizure Warrant - Funds in Dwolla account of Mutum Sigillum, LLC [Mt. Gox]
May 14, 2013
Location: USA
Abstract: The U.S. Dept. of Homeland Security (DHS) has seized funds in the accounts used by Mt. Gox at Dwolla and Wells Fargo.
May 14, 2013
Location: USA
Abstract: The U.S. Dept. of Homeland Security (DHS) has seized funds in the accounts used by Mt. Gox at Dwolla and Wells Fargo.
Update to this ...
When the seizure warrant was executed, $2,915,507.40 was the amount seized from Dwolla:
- http://www.scribd.com/doc/161492071/Bitcoin-Mt-Gox-Warrant-Executed
Multiple confirmed Sources
August 18, 2013
German newspaper Die Welt.
Germany recognizes Bitcoin as ‘private money’
Abstract: Bitcoin has been recognized for legal and tax purposes in Germany, making it the first country to take an official stance on the status of using the online currency as money.
Berlin has acknowledged the virtual tender as a "currency unit" and "private money," according to German newspaper Die Welt.
German Translated
Germany has recognized the digital currency Bitcoin. The virtual coins are legally and fiscally approved and authorized as "units of account", Member of Parliament Frank Schaeffler reported on its website. The FDP politician appeals to the response to a request of the Finance Ministry, which he had made as a parliamentarian.
Sources:
http://rt.com/news/bitcoin-germany-recognize-currency-641/
http://arstechnica.com/tech-policy/2013/08/germany-recognizes-bitcoin-as-a-private-money-subject-to-capital-gains-tax/
http://www.theverge.com/2013/8/19/4636068/germanys-recognition-of-bitcoin-paves-the-way-for-a-licensed-exchange-EU
German:
http://www.tagesschau.de/wirtschaft/bitcoin100.html
Bitcointalk
https://bitcointalksearch.org/topic/2013-08-18-rt-germany-recognizes-bitcoin-as-private-money-277282
https://bitcointalksearch.org/topic/20130818-germany-recognises-bitcoin-as-currency-277207
https://bitcointalksearch.org/topic/18-08-2013-bitcoin-officially-recognized-in-germany-277028
Updated Video
RussiaToday
http://rt.com/news/bitcoin-exchange-berlin-currency-941/
August 18, 2013
German newspaper Die Welt.
Germany recognizes Bitcoin as ‘private money’
Abstract: Bitcoin has been recognized for legal and tax purposes in Germany, making it the first country to take an official stance on the status of using the online currency as money.
Berlin has acknowledged the virtual tender as a "currency unit" and "private money," according to German newspaper Die Welt.
German Translated
Germany has recognized the digital currency Bitcoin. The virtual coins are legally and fiscally approved and authorized as "units of account", Member of Parliament Frank Schaeffler reported on its website. The FDP politician appeals to the response to a request of the Finance Ministry, which he had made as a parliamentarian.
Sources:
http://rt.com/news/bitcoin-germany-recognize-currency-641/
http://arstechnica.com/tech-policy/2013/08/germany-recognizes-bitcoin-as-a-private-money-subject-to-capital-gains-tax/
http://www.theverge.com/2013/8/19/4636068/germanys-recognition-of-bitcoin-paves-the-way-for-a-licensed-exchange-EU
German:
http://www.tagesschau.de/wirtschaft/bitcoin100.html
Bitcointalk
https://bitcointalksearch.org/topic/2013-08-18-rt-germany-recognizes-bitcoin-as-private-money-277282
https://bitcointalksearch.org/topic/20130818-germany-recognises-bitcoin-as-currency-277207
https://bitcointalksearch.org/topic/18-08-2013-bitcoin-officially-recognized-in-germany-277028
Updated Video
RussiaToday
http://rt.com/news/bitcoin-exchange-berlin-currency-941/
Inquiry into Virtual Currencies by U.S. Congress (Committee On Homeland Security and Governmental Affairs)
August 12, 2013
Location: Washington, DC, USA
Abstract: A U.S. Senate Committee has started an inquiry into Bitcoin and other virtual currencies, asking a range of regulators to list what safeguards are in place to prevent criminal activity.
- http://www.hsgac.senate.gov/download/letter-to-secretary-napolitano-on-virtual-currencies
- http://bit.ly/1bFGgXf (Browser-friendly / PDF viewer)
- http://www.reuters.com/article/2013/08/13/usa-senate-bitcoin-idUSL2N0GE10K20130813
August 12, 2013
Location: Washington, DC, USA
Abstract: A U.S. Senate Committee has started an inquiry into Bitcoin and other virtual currencies, asking a range of regulators to list what safeguards are in place to prevent criminal activity.
- http://www.hsgac.senate.gov/download/letter-to-secretary-napolitano-on-virtual-currencies
- http://bit.ly/1bFGgXf (Browser-friendly / PDF viewer)
- http://www.reuters.com/article/2013/08/13/usa-senate-bitcoin-idUSL2N0GE10K20130813
Iacono et al v. Bitinstant, L.L.C.
August 8, 2013
New York, USA (NY Southern District Court)
Case: 1:2013cv04674
Abstract: Class action complaint against BitInstant. The assertion is that BitInstant made false claims about the speed of its service and the refund of fees.
- http://www.scribd.com/doc/160464240/BitInstant-Class-Action-Lawsuit
- http://www.coindesk.com/bitinstant-gets-hit-with-a-class-action-lawsuit-by-frustrated-customers
August 8, 2013
New York, USA (NY Southern District Court)
Case: 1:2013cv04674
Abstract: Class action complaint against BitInstant. The assertion is that BitInstant made false claims about the speed of its service and the refund of fees.
- http://www.scribd.com/doc/160464240/BitInstant-Class-Action-Lawsuit
- http://www.coindesk.com/bitinstant-gets-hit-with-a-class-action-lawsuit-by-frustrated-customers
State of NY's Notice of Inquiry on Virtual Currencies
August 12, 2013
Location: New York, NY, USA
Abstract: NY State's financial regulator Dept. of Financial Services is "concerned" that virtual currency exchangers engage in money transmission. Subpoenas to exchanges have been issues.
Notice of Inquiry on Virtual Currencies
- http://dfs.ny.gov/about/press2013/memo1308121.pdf
- https://docs.google.com/viewer?url=http://dfs.ny.gov/about/press2013/memo1308121.pdf (Browser-friendly PDF viewer)
- https://bitcointalksearch.org/topic/ny-regulator-memo-notice-of-inquiry-on-virtual-currencies-272269 (Further discussion)
NY regulator issue subpoenas to firms tied to Bitcoin: WSJ
- http://www.reuters.com/article/2013/08/12/us-digitalcurrency-subpoena-bitcoin-idUSBRE97B03720130812
August 12, 2013
Location: New York, NY, USA
Abstract: NY State's financial regulator Dept. of Financial Services is "concerned" that virtual currency exchangers engage in money transmission. Subpoenas to exchanges have been issues.
Notice of Inquiry on Virtual Currencies
- http://dfs.ny.gov/about/press2013/memo1308121.pdf
- https://docs.google.com/viewer?url=http://dfs.ny.gov/about/press2013/memo1308121.pdf (Browser-friendly PDF viewer)
- https://bitcointalksearch.org/topic/ny-regulator-memo-notice-of-inquiry-on-virtual-currencies-272269 (Further discussion)
NY regulator issue subpoenas to firms tied to Bitcoin: WSJ
- http://www.reuters.com/article/2013/08/12/us-digitalcurrency-subpoena-bitcoin-idUSBRE97B03720130812
SEC v. Trendon T. Shavers, et al CASE NO. 4:13-CV-416
July 23, 2013
Location: Sherman, TX, USA
July 23, 2013
Location: Sherman, TX, USA
There is a development with this case.
MEMORANDUM OPINION REGARDING THE COURT’S SUBJECT MATTER JURISDICTION
- http://ia800904.us.archive.org/35/items/gov.uscourts.txed.146063/gov.uscourts.txed.146063.23.0.pdf
- http://bit.ly/19O1qob <-- Browser friendly (PDF Viewer)
Quote
[Bitcoin] can also be exchanged for conventional currencies, such as the U.S. dollar, Euro, Yen, and Yuan. Therefore, Bitcoin is a currency or form of money, and investors wishing to invest in BTCST provided an investment of money.
[...]
Therefore, the Court finds that the BTCST investments meet the definition of investment contract, and as such, are securities. For these reasons, the Court finds that it has subject matter jurisdiction over this matter,
[...]
Therefore, the Court finds that the BTCST investments meet the definition of investment contract, and as such, are securities. For these reasons, the Court finds that it has subject matter jurisdiction over this matter,
Bank of Thailand Governor Prasarn instructs Bitcoin exchange to halt trading
July 29, 2013
Location: Bangkok, Thailand
Abstract: Following a conference by the Bank of Thailand, Bitcoin Co. Ltd, of Thailand was advised to halt trading between bitcoins and Thai Baht until further notice.
Here's an article which includes a translation from the Thai newspaper in which Governor Prasarn was quoted.
- http://asiancorrespondent.com/111332/has-bitcoin-been-banned-from-thailand
This has been covered in all the finance and tech media, Wired, Ars Technica, The Register, The Verge, QZ.com, etc.,
July 29, 2013
Location: Bangkok, Thailand
Abstract: Following a conference by the Bank of Thailand, Bitcoin Co. Ltd, of Thailand was advised to halt trading between bitcoins and Thai Baht until further notice.
Here's an article which includes a translation from the Thai newspaper in which Governor Prasarn was quoted.
- http://asiancorrespondent.com/111332/has-bitcoin-been-banned-from-thailand
This has been covered in all the finance and tech media, Wired, Ars Technica, The Register, The Verge, QZ.com, etc.,
SEC v. Trendon T. Shavers, et al
July 23, 2013
Location: Sherman, TX, USA
Abstract: 3. In 2011 and 2012 Shavers, operating under the Internet name "pirateat40,", operated a classic Ponzi scheme raising more than 700,000 BTC in principal investments from BTCST investors.
- http://www.sec.gov/litigation/complaints/2013/comp-pr2013-132.pdf (PDF)
- http://bit.ly/13awWVJ <-- Browser-friendly (using a PDF viewer)
Separately, the SEC issued an alert on Ponzis:
- https://www.sec.gov/servlet/Satellite/News/PressRelease/Detail/PressRelease/1370539730583#.Ue68AN__6b6
- http://www.sec.gov/investor/alerts/ia_virtualcurrencies.pdf (PDF)
- http://bit.ly/11c3IrP <-- Browser-friendly (using a PDF viewer)
Press and other threads:
- http://www.businessinsider.com/sec-charges-texas-man-with-running-bitcoin-ponzi-scheme-2013-7
2013-07-23 BI: SEC Charges Texas Man With Running Bitcoin Ponzi Scheme
- https://bitcointalksearch.org/topic/m.2788443
SEC finally charges pirateat40 aka Trendon Shavers
- https://bitcointalksearch.org/topic/sec-finally-charges-pirateat40-aka-trendon-shavers-261234
This is being covered in the WSJ, on CNBC, and likely will reach most business news.
July 23, 2013
Location: Sherman, TX, USA
Abstract: 3. In 2011 and 2012 Shavers, operating under the Internet name "pirateat40,", operated a classic Ponzi scheme raising more than 700,000 BTC in principal investments from BTCST investors.
- http://www.sec.gov/litigation/complaints/2013/comp-pr2013-132.pdf (PDF)
- http://bit.ly/13awWVJ <-- Browser-friendly (using a PDF viewer)
Separately, the SEC issued an alert on Ponzis:
- https://www.sec.gov/servlet/Satellite/News/PressRelease/Detail/PressRelease/1370539730583#.Ue68AN__6b6
- http://www.sec.gov/investor/alerts/ia_virtualcurrencies.pdf (PDF)
- http://bit.ly/11c3IrP <-- Browser-friendly (using a PDF viewer)
Press and other threads:
- http://www.businessinsider.com/sec-charges-texas-man-with-running-bitcoin-ponzi-scheme-2013-7
2013-07-23 BI: SEC Charges Texas Man With Running Bitcoin Ponzi Scheme
- https://bitcointalksearch.org/topic/m.2788443
SEC finally charges pirateat40 aka Trendon Shavers
- https://bitcointalksearch.org/topic/sec-finally-charges-pirateat40-aka-trendon-shavers-261234
This is being covered in the WSJ, on CNBC, and likely will reach most business news.
KEVIN GALLETTE, JACKSON SMITH, and ROY HAHN VS. E-SPORTS ENTERTAINMENT, LLC and DOES 1-20
July, 2013
Location: San Francisco, CA, USA
Abstract: Class-action lawsuit filed against online gaming company whose software developers silently added Bitcoin mining to the company's gaming client.
- https://i.imgur.com/bxzgoWN.jpg
July, 2013
Location: San Francisco, CA, USA
Abstract: Class-action lawsuit filed against online gaming company whose software developers silently added Bitcoin mining to the company's gaming client.
- https://i.imgur.com/bxzgoWN.jpg
Quote
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."
- http://www.polygon.com/2013/7/5/4495192/esea-served-with-bitcoin-related-class-action-action-lawsuitQuote
The bitcoins earned would be added to the ESEA League's prize pot "so at the very least your melted [GPUs] contributed to a good cause."
- http://www.polygon.com/2013/5/1/4290022/esea-league-code-used-idle-users-pcs-to-mine-bitcoins-co-owner I'm not sure why you'ld claim that a formal, public response by an agency of the German federal government does not belong in this thread.
My bad, i just seen so many court cases here, that i thought thats the sole purpose. No, this doesnt belong here and is wrong, too.
I'm not sure why you'ld claim that a formal, public response by an agency of the German federal government does not belong in this thread.
Vitalik Buterin published a great summary of regulatory actions for 2013 to-date:
- http://bitcoinmagazine.com/regulatory-responses-to-bitcoin-2013-edition
- http://bitcoinmagazine.com/regulatory-responses-to-bitcoin-2013-edition
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