Mt. Gox Begins Taking Claims from Corporate Bitcoin Creditors

Defunct bitcoin exchange Mt. Gox has opened up its online rehabilitation claim filing system to corporate creditors who were holding cryptocurrency funds on the platform when it went belly up in 2014. Mt. Gox rehabilitation trustee Nobuaki Kobayashi made the announcement in a document dated Sept. 12 and published on the Tokyo-based bitcoin exchange operator’s …

Bitcoin Exchange Mt Gox CEO Mark Karpeles Disputes U.S. Fraud Lawsuit

Mark Karpeles has urged a U.S. federal judge in the state of Illinois to dismiss a fraud lawsuit brought on by former customers of the now-defunct bitcoin exchange Mt. Gox, by insisting that the U.S. court has no personal jurisdiction over him in Japan. Representatives for Mark Karpeles told U.S. District Court Judge Gary Feinerman …

Chinese Investor Sues OKCoin over Bitcoin Cash from Last Year’s Hard Fork

A Chinese investor has filed a lawsuit against cryptocurrency exchange OKCoin regarding more than 38 bitcoin cash that he claims the platform failed to distribute to him following last year’s hard fork, according to a charge sheet on LegalWeekly. The plaintiff, known only by the pseudonym Feng Bin, claims he was expecting to get the …

Kazakhstan May Ban Cryptocurrencies Citing Money-Laundering Concerns

Join our community of 10 000 traders on Hacked.com for just $39 per month. Kazakhstan’s National Bank is considering banning cryptocurrency use, exchanges, and mining, saying virtual currencies are an ideal vehicle for fraud, money-laundering, and tax evasion. “In Kazakhstan, the National Bank is taking a very conservative approach toward the matter, and it welcomes …