Mt. Gox sued in United States over bi...

Mt. Gox sued in United States over bitcoin losses...

Posted in the Banking Forum

The Sad End

Dunkirk, NY

#1 Feb 28, 2014
Read This:(Reuters)- Mt. Gox, once the world's largest bitcoin exchange, has been sued by a customer in what may be the first of many U.S.

It was foretold a while ago!!!

Since: Jul 11

Location hidden

#2 Feb 28, 2014
LOL !! "The sad End" LOL ! Nice alias. LOL!

Mt Gox was a victim of a hacker stealing about $350 million from their system.

Why don't check the facts first?

Oh I know. Because you are an idiot and you don't let the truth get in the way.
The Sad End

Dunkirk, NY

#3 Feb 28, 2014
David Cheever wrote:
LOL !! "The sad End" LOL ! Nice alias. LOL!
Mt Gox was a victim of a hacker stealing about $350 million from their system.
Why don't check the facts first?
Oh I know. Because you are an idiot and you don't let the truth get in the way.
Mt Gox is just like you, A crook with no way to hide!!!

Your days are almost over!!!
The Sad End

Dunkirk, NY

#4 Feb 28, 2014
David Cheever never paid attention and cares for no details: There are $ 6 Billion USD Worth Bitcoins in circulation in America!!

Furthermore, who knows Mt Cox is not the one stealing??? The crooks always blamed the Hacker - just one, you say??
The Sad End

Dunkirk, NY

#5 Mar 3, 2014
Who ultimately bear the burden to pay back the lost money in holding Bitcoins?

Since Mt Gox is bankrupted and a number of commercial entities including the Overstock Enterprise in US are now suffered the huge loss, I suppose that the Greedy and Ignorant bunch would have few avenues to recoup their loss!

On other hands, they may try to sue New York Times, Yahoo and Google News for consistently posting and advertising the legitimacy of Bitcoins with hope to a wider use in US!!

Guess what: No law suit can be filed meaningfully to win against a Bankrupted Entity like Mt Gox: You can file all you want but with little or no practical ending and results..

Its declared Bankruptcy on the day when the law suit was filed is a smart move... Try to amend or lose the legal fees!!!

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