For years, roughly 100 Canadians have been trying to reclaim the money that they lost when Mt. Gox—at one time the largest bitcoin exchange in the world—went under, and took their funds with it. On Wednesday, the law firm representing those Canadians in a class action lawsuit announced that the case will be dismissed on June 17. Unless the individuals in the dismissed class action suit decide that they still wish to pursue a case against Mt Gox’s embattled CEO Mark Karpeles or the company’s former bank, Tokyo-based Mizuho, their chance to get their money back has come and gone.
By: Jordan Pearson
Read the full article at Motherboard.
Marina Burghard writes for Canadian Fraud News about fraud-related cases, whistleblower, jurisdiction, identity theft, consumer protection, etc. – essentially about scams and how to protect yourself against this kind of fraudulent criminal behavior. She holds a Master’s degree in Political Science where her interest in criminology grew. Besides fraud, Marina’s scientific interest lies in terrorism, extremism and how to deal with it as a society.