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Bitcoin => Press => Topic started by: WishICanTurnBackTime on June 07, 2016, 11:36:03 AM



Title: [2016-06-07]Class Action Lawsuit Resumes Against Bankrupt Bitcoin Miner KnC
Post by: WishICanTurnBackTime on June 07, 2016, 11:36:03 AM
A class action lawsuit filed against troubled bitcoin startup KnCMiner is proceeding despite a recent legal setback and a bankruptcy filing by the firm.
According to emails provided to CoinDesk, lawyers representing the most prominent of several class action lawsuits filed against KnC have entered a claim against its bankruptcy estate in Sweden. Further, they indicated the group has provided information to local law enforcement in an attempt to ensure the firm can provide customer reparations.

http://www.coindesk.com/class-action-lawsuit-resumes-defunct-bitcoin-miner-knc/


Title: Re: [2016-06-07]Class Action Lawsuit Resumes Against Bankrupt Bitcoin Miner KnC
Post by: aso118 on June 07, 2016, 04:19:12 PM
A class action lawsuit filed against troubled bitcoin startup KnCMiner is proceeding despite a recent legal setback and a bankruptcy filing by the firm.
According to emails provided to CoinDesk, lawyers representing the most prominent of several class action lawsuits filed against KnC have entered a claim against its bankruptcy estate in Sweden. Further, they indicated the group has provided information to local law enforcement in an attempt to ensure the firm can provide customer reparations.

http://www.coindesk.com/class-action-lawsuit-resumes-defunct-bitcoin-miner-knc/

'I am surprised that the debate is whether KnC customers are businesses or 'consumers'. In an ideal world, the protection afforded to both classes of customers should be identical. Unfortunately, the laws don't seem to agree.