April 27, 2016
Japanese bank Mizuho cannot complain to the Seventh Circuit that a proposed class action over the bank's alleged participation in bitcoin exchange Mt. Gox's collapse does not belong in the U.S., an Illinois federal judge ruled Wednesday, saying Mizuho misinterpreted the allegations against it.
April 21, 2016
Mizuho Bank Ltd. wants the Seventh Circuit to review a lower court's recent decision not to dismiss a putative class action accusing the Japanese bank of defrauding clients of the defunct bitcoin exchange Mt. Gox, saying Thursday it was a case of first impression for the appellate court.
March 14, 2016
An Illinois federal judge on Monday refused to dismiss a proposed class action accusing a Japanese bank of defrauding clients of the defunct bitcoin exchange Mt. Gox, but said the suit needs to either add a new named plaintiff or transfer to California.
January 29, 2016
A Japanese bank accused by clients of the defunct bitcoin exchange Mt. Gox of aiding its scheme to defraud them hit back against its accusers in Illinois federal court today, saying that not only are they grasping at straws to connect the bank to the scheme, but also that the case should instead be heard in Japan.
May 08, 2014
U.S. creditors behind a proposed class action over Mt. Gox Inc.'s collapse won initial approval of a settlement Thursday, which will allow them to pitch a plan to revive the bitcoin exchange, to the trustee overseeing Mt. Gox's bankruptcy in Japan.
April 29, 2014
Creditors in a pair of proposed class actions against Mt. Gox have reached an agreement to back a bid by U.S. investors to revive the collapsed bitcoin exchange, according to documents filed in Illinois federal court Monday.
April 07, 2014
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.
March 27, 2014
Japan-based Mizuho Bank Ltd. on Thursday denied that it ignored an alleged fraud taking place under its nose at Mt. Gox, telling an Illinois federal judge that it should be dismissed from a class action against the bankrupt bitcoin exchange and its CEO.
March 20, 2014
Lawyers behind a proposed class action over the collapse of bitcoin exchange Mt. Gox won an order from a federal judge Thursday that they claim will help them trace bitcoins that they say the company's CEO is attempting to move outside the U.S.
March 11, 2014
An Illinois federal judge on Tuesday ordered a temporary freeze on any U.S. assets held by the CEO of bankrupt bitcoin exchange Mt. Gox, handing a victory to customers in a class action alleging the executive was behind a scheme to defraud them and hide the fact that their bitcoins had been stolen.