21. One of the major issues, if not the major issue, that MtGox was concerned about was legal compliance on the part of CoinLab to conduct the Bitcoin exchange services in the United States that were being discussed by the parties during the negotiations. Early in ...
I desire to learn more of how ANY "trade secret" can circumnavigate federal laws. Once learnt, I have a slew of ideas I wish to manifest.
This is not page 21.
Page 21, the interesting part:
Defendants are informed and believe that in March and April, 2013 MtGox customers, at the suggestion of CoinLab, deposited $12,788,701.08 in to one or more CoinLab bank accounts; CoinLab then caused the amount of such funds to be credited to such customers' MtGox accounts but CoinLab did not transfer the actual funds into the MtGox bank account. As a result, such customers' MtGox account reflected a higher amount of currency funds available to such customers than were actually in the MtGox bank account. In April, 2013, and upon the demand of MtGox, CoinLab transferred a portion of those amounts, $ 7,473,490.29, to the MtGox bank account, leaving a balance of approximately $ 5,315,210.79 to be transferred to the MtGox account and which is being wrongfully held by CoinLab.