Wife Of Bitcoin's 'Founder' Can Sue FX Trader in England

Law360, London (April 15, 2019, 1:01 PM BST) -- The wealthy wife of a bitcoin tycoon can sue a foreign exchange firm for closing her lucrative account in England instead of Cyprus because she qualifies as an ordinary consumer under European Union law, a London court has ruled. 

A High Court judge ruled Friday that Ramona Ang could proceed with compensation claims accusing Cyprus-based Reliantco Investments Ltd. of terminating her bitcoin futures trading account without allowing her to remove funds.

Ang, the wife of self-proclaimed bitcoin creator Craig Wright, invested $200,000 in cash into the bitcoin futures market using Reliancto's forex trading platform, which operates under the name UFX, from...

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