Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday April 29, 2014

Bitcoin Traders Settle Class Actions With Mt. Gox

Although a full refund would have been nice, at least this way people are going to get something back.

U.S. and Canadian customers of failed Tokyo-based bitcoin exchange Mt. Gox have agreed to settle their proposed class action lawsuits that alleged the company defrauded them of hundreds of millions of dollars. The class action plaintiffs agreed to support a plan by Sunlot Holdings to buy the shuttered exchange and accept their share of bitcoins still held by Mt. Gox, according to a statement and court filings.