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Greene v. Karpeles et al
Case Number:
1:14-cv-01437
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Baker McKenzie
- Brown Rudnick
- Chuhak & Tecson
- Edelson PC
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June 23, 2021
No Class Cert. In $400M Bitcoin Fraud Case, Judge Rules
An Illinois federal judge has rejected a bid for class certification from customers of defunct Japanese bitcoin exchange Mt. Gox, saying it's not reasonable to conclude that 30,000 putative class members shared the lead plaintiff's interpretations of Mt. Gox's terms of use or even read them.
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March 10, 2021
Mt. Gox CEO Fights Class In $400M Bitcoin Fraud Case
The former CEO of defunct Japanese bitcoin exchange Mt. Gox doubled down on his opposition to class certification for customers of the service, saying a plan recently announced in Japan would better compensate them than U.S. litigation would.
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January 06, 2021
Mt. Gox Investors Urge Ill. Judge To Certify $400M Fraud Class
Customers of defunct Japanese bitcoin exchange Mt. Gox argued Wednesday that an Illinois federal judge should certify a class in their $400 million fraud suit because they share common issues, even if different company statements led them to use the exchange.
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December 22, 2020
Ex-Mt. Gox Exchange CEO Can't Appeal In Fraud Suit
An Illinois federal judge on Tuesday refused to certify an interlocutory appeal for the former CEO of defunct Japanese bitcoin exchange Mt. Gox as he fights class action claims that the company lost $400 million of investors' money.
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December 15, 2020
Defunct Bitcoin Exchange Mt. Gox CEO Fights Class Cert. Bid
The former CEO of defunct Japanese bitcoin exchange Mt. Gox urged an Illinois federal judge Monday not to certify a class that claims it lost $400 million, saying there's a "glaring problem" with the claim that cites vague "misrepresentations."
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November 02, 2020
Bitcoin Exchange Customers Seek Class Cert. In Fraud Suit
Customers of defunct Japanese bitcoin exchange Mt. Gox asked an Illinois federal judge to certify a class that lost $400 million from the former CEO's alleged fraud.
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June 17, 2020
Ex-Mt. Gox CEO Can't Duck Bitcoin Exchange Fraud Suit
An Illinois federal judge on Tuesday denied a request from the former CEO of the now-defunct Mt. Gox bitcoin exchange to rule in his favor in a yearslong suit over the company's demise because the customer suing him switched legal theories midcase.
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March 16, 2020
Mt. Gox Accuser Switching Theories Midcase, Ex-CEO Says
A customer of the now-defunct Mt. Gox bitcoin exchange is trying to change his fraud theory midcase, the exchange's former CEO told an Illinois federal court on Monday.
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January 08, 2020
Ex-Mt. Gox Chief Seeks Win In Bitcoin Exchange Fraud Suit
The former CEO of the now-defunct Mt. Gox bitcoin exchange moved Wednesday to shut down an Illinois proposed class action seeking to hold him liable for customer losses stemming from the exchange's 2014 collapse, arguing that the remaining plaintiff in the case has failed to substantiate his case.
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March 13, 2019
Ill. Court Rejects Bid To End Mt. Gox Bitcoin Fraud Suit
An Illinois federal court on Tuesday rejected a bid to end a putative class action brought by customers of a now-defunct bitcoin exchange who say they were ripped off, finding that continued reassurances from the exchange's customer service desk to Illinois residents establishes jurisdiction.