US Court Can't Touch Mt. Gox CEO, Atty Says

Law360, Chicago (April 07, 2014, 3:35 PM ET) -- An attorney for Mt. Gox CEO Mark Karpeles told an Illinois federal judge on Monday that his court lacks jurisdiction over Karpeles in a proposed class action accusing the executive of fraud in connection with the Japanese bitcoin exchange’s collapse.

Eric Macey of Novack and Macey LLP, who represents Karpeles, said during a court hearing in Chicago that his client would seek to dismiss the suit on the grounds that the U.S. court has no personal jurisdiction over Karpeles, who is being targeted by Mt. Gox...
To view the full article, register now.