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Topic: OKPAY class action lawsuit for MtGox depositors (Read 7351 times)

sr. member
Activity: 274
Merit: 250
This may be helpful to this group:

http://www.olivere.de/blog/archives/2014/03/04/gox_self-help/

The MtGox collapse hurt a lot of people. We are working to find out what happened. All insight is helpful.
h1d
newbie
Activity: 21
Merit: 0
Has this activity completely stalled?
Did the lawyer figure it wasn't worth fighting for?
h1d
newbie
Activity: 21
Merit: 0
Is OP still around? I sent PM days ago and not getting a response on what the current situation is.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
Would this apply to people who 'donated' to mtgox via OkPay a few months before everyting hit the fan?
member
Activity: 114
Merit: 10
Yes, but was it give it to gox or order gox to credit it to individual accounts?  The local court cant order gox to do anything since the trustee and bankruptcy proceedings are in a foreign jurisdiction.

If its not credited to your account its not payment to you, it does not create any liability on gox to pay you anything during settlement later on.

full member
Activity: 238
Merit: 100
I will be joining this. I have sent around $75,000 through OKPAY to gox.

If okpay had the money stuck on their end with a gox account, they should have FROZEN THE ACCOUNT and NOT rushed to return the money to GOX.  Embarrassed

The investigation is still in progress and NOTHING major has been published until now.  WHERE IS ALL THE FIAT MONEY PEOPLE SENT TO GOX?!??  Huh  Angry

(6)
(i) Any person assuming debts to the bankrupt shall not reimburse the debts to the bankrupt entity.
(ii) Any person possessing assets of the bankrupt shall not deliver such assets to the bankrupt entity.


I think the above is written in English, no?  Huh
The issue went to court and the local court where okpay is located ruled that the money must be given to gox since they are the owner of the account. This is likely the correct ruling from a legal standpoint, although I would personally like to see gox have less money.
member
Activity: 114
Merit: 10
I have some money tied up in this however here is my take on things.  About $4000.

OK Pay was contracted to deposit money into specific users accounts on mt gox.  They have not done this and are unable to do this with that order because it went to the general fund.

Where is the proof that any money was deposited into *my* account?  Transferring to gox does not credit me, if I am not credited personally and individually I have no claim at gox for anything. 

If it was not deposited into my account OKPay has not completed the transfer and thus is still liable for the funds I contracted be sent.  OKPay also sent that email long ago saying that if they are unable to transfer they would refund customers money and refused to do so for the longest time.

full member
Activity: 194
Merit: 100
this is it  Embarrassedall is lost.. our okpay deposits now in black hole
h1d
newbie
Activity: 21
Merit: 0
Not sure how true the statements are but in the CoinDesk article above, it says some kind of court decision that happened in the British Virgin Island (where OKPAY is located) forced them to pay Gox...

I think OKPAY forgot to check the official statement at Gox's site before going to the court. Well done.
https://www.mtgox.com/img/pdf/20140521_announce.pdf (English is in the second half.)
h1d
newbie
Activity: 21
Merit: 0
I'd like to know what the lawyers are saying about this case that is in contact with the OP.
No one is addressing the contradictory statement in the postcard and the action taken.
newbie
Activity: 30
Merit: 0
Probably nothing you didn't know already, but here are some direct explanations from OKPAY on the issue:

OKPay ‘Ordered’ to Hand Over Customers’ $6.1 Million to Mt Gox
http://www.coindesk.com/okpay-ordered-hand-customers-6-1-million-mt-gox/
full member
Activity: 194
Merit: 100
We got the payment receipt.


this is really really bad
h1d
newbie
Activity: 21
Merit: 0
We got the payment receipt.
https://i.imgur.com/9ivhmvP.png
hero member
Activity: 600
Merit: 504
How can I join it? i have about 3000$
h1d
newbie
Activity: 21
Merit: 0
Are you expecting to reach a certain amount to start the lawsuit?
newbie
Activity: 7
Merit: 0
We are still collecting for more okpay depositors to join us. Current situation is that we have about 700k usd worth of claims.
member
Activity: 123
Merit: 16
Great work. I just sent you a PM to be part of this.
hero member
Activity: 490
Merit: 500
Except MtGox, can I also deposits to other exchanges via OKPAY? such as bitstamp,  lakebtc?
wrong thread? Cheesy
you can deposit to other exchanges, if it is written on the exchanges. For now I only know btc-e accepts OKPAY, with 1% fee at the moment (they change the fee often)
1% fee
any fee greater than 0.5%, that is a robbery
legendary
Activity: 2940
Merit: 1131
Except MtGox, can I also deposits to other exchanges via OKPAY? such as bitstamp,  lakebtc?
wrong thread? Cheesy
you can deposit to other exchanges, if it is written on the exchanges. For now I only know btc-e accepts OKPAY, with 1% fee at the moment (they change the fee often)
hero member
Activity: 490
Merit: 500
Except MtGox, can I also deposits to other exchanges via OKPAY? such as bitstamp,  lakebtc?
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