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

Thursday August 06, 2015

Japanese Court Rules That Bitcoin Can't Be 'Owned'

I'm no legal expert but, if I was a defendant in the Mt. Gox case, I would use this whole "nobody owned it" ruling as the key to my defense. big grin

Tokyo's district court has ruled that it's not possible for people to own bitcoin, and therefore they can't sue for compensation in the wake of Mt. Gox's collapse. The ruling comes a few days after the head of what used to be the world's largest bitcoin exchange was arrested on charges of fraud concerning its collapse.