2013-09-16 Gigamom - Bitcoin exchange Mt. Gox counter-sues...

[No_2]

http://gigaom.com/2013/09/16/bitcoin-exchange-mt-gox-counter-sues-over-failed-north-american-expansion/

Another article on MTGOX counter-suing.

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[Bitcopia]

Mt. Gox is asking for a laundry list of things, including: a declaration that the partnership contract is void; the return of $62,258.70, C$40 dollars and 1,428.8 Bitcoins (worth roughly $165,000 today); and a constructive trust to return the approximately $5 million in customer accounts to the control of Mt. Gox.

Really?? 40 Canadian dollars? Please tell me I'm misinterpreting...

Anyway, I hope they can settle this out of court and in a timely fashion. This kind of quibbling between two of the largest BTC services is not exactly great for consumer confidence. Not that MtGox has really ever been good for consumer confidence.

[No_2]

Mt. Gox is asking for a laundry list of things, including: a declaration that the partnership contract is void; the return of $62,258.70, C$40 dollars and 1,428.8 Bitcoins (worth roughly $165,000 today); and a constructive trust to return the approximately $5 million in customer accounts to the control of Mt. Gox.

Really?? 40 Canadian dollars? Please tell me I'm misinterpreting...

Anyway, I hope they can settle this out of court and in a timely fashion. This kind of quibbling between two of the largest BTC services is not exactly great for consumer confidence. Not that MtGox has really ever been good for consumer confidence.

+1 lol

Scan read it so missed that one.

[ArticMine]

Mt. Gox is asking for a laundry list of things, including: a declaration that the partnership contract is void; the return of $62,258.70, C$40 dollars and 1,428.8 Bitcoins (worth roughly $165,000 today); and a constructive trust to return the approximately $5 million in customer accounts to the control of Mt. Gox.

Really?? 40 Canadian dollars? Please tell me I'm misinterpreting...

Anyway, I hope they can settle this out of court and in a timely fashion. This kind of quibbling between two of the largest BTC services is not exactly great for consumer confidence. Not that MtGox has really ever been good for consumer confidence.

It may not be so trivial since it does raise the question of MTGox going after Coinlab over Coinlab not having the required the regulatory greenlight to run Bitcoin exchanges in Canada.