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Author Topic: labcoin lawsuit  (Read 87587 times)
kiyo
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February 02, 2014, 01:42:04 PM
 #241

I've just found this topic. It seems I am bit too late. Is the deadline really end of Jan? I've been trying to forget about labcoin but I just got email notice from Crypt stock and I've found you guys. I have 4000 shares. Is there any plans to organise second round any how???
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nanobrain
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February 02, 2014, 03:00:48 PM
 #242

Well its official CryptoStocks delisted LBC stocks so lets make sure this lawsuits goes to fruition.

Just got an email from them too.  I'm completely nonplussed...I mean, they have been trading all this time?  I thought they'd been blacklisted months back.

In the email it seemed to intimate Labcoin will will be in touch...looking forward to that.

chaostheorist
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February 02, 2014, 06:31:15 PM
 #243

Well its official CryptoStocks delisted LBC stocks so lets make sure this lawsuits goes to fruition.

Just got an email from them too.  I'm completely nonplussed...I mean, they have been trading all this time?  I thought they'd been blacklisted months back.

In the email it seemed to intimate Labcoin will will be in touch...looking forward to that.

Yeah I noticed that myself. I'm sure their communication will be lot better now than it was before.
PirateHatForTea
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February 03, 2014, 02:33:21 PM
 #244

How far off are we? I said to the lawyer I would donate .4BTC if I could confirm that I was included in the complaint, but that was before I understood the nature of the case (ie not a class action - more preliminary than I thought). I am happy to send 0.2 though now.

Unlevereged financial instruments acting as a store of value that fluctuate 50% within 10 minutes is perfectly acceptable. I think it should be offered in IRA form to soon to be retirees.
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February 03, 2014, 03:43:00 PM
 #245

How far off are we? I said to the lawyer I would donate .4BTC if I could confirm that I was included in the complaint, but that was before I understood the nature of the case (ie not a class action - more preliminary than I thought). I am happy to send 0.2 though now.

Goal is 3.7.  We need approximately .3444954 to reach it.  https://blockchain.info/address/1PHDaiUMq5u3WTAwmYv7ioNnKfEGYXBtmT
virtualspade (OP)
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February 03, 2014, 08:12:27 PM
 #246

Hello everyone,

I went to the notaries office and signed the criminal complaint against Labcoin today, after that I went to the post office and express mailed it to the lawyer, he should receive it on Wednesday or Thursday, he will submit it to the Italian authorities immediately after he receives it.

I have asked the lawyer how the people that want to join the complaint, after it is submitted should proceed.

I have also asked him to specify the exact amount of BTC, that is still needed for the remaining amount of the invoice.

And on behalf of all Labcoin investors, I send out a BIG thank you to all the people who have donated, and helped us come this far, THANK YOU!!! 

virtualspade's cold beer fund: BTC:1PFLjadp8BUXihShfEmhCKugUUfo8SveJy LTC:LUTaae2YTkZomPgd2AeqKyNonpe2iTgZ7R  WDC:WQ6hNRmN4cDhF6XmccRN6uruWinLkZd2Aj More over here
finlof
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February 03, 2014, 11:00:57 PM
 #247

Well its official CryptoStocks delisted LBC stocks so lets make sure this lawsuits goes to fruition.

Just got an email from them too.  I'm completely nonplussed...I mean, they have been trading all this time?  I thought they'd been blacklisted months back.

In the email it seemed to intimate Labcoin will will be in touch...looking forward to that.
no they have not been trade-able there (believe me I tried).  they were just still showing as listed in your asset list.
SaberCoin
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February 04, 2014, 09:20:52 AM
 #248

Good job virtualspade!
quantummine
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February 04, 2014, 10:02:23 AM
 #249

0.1BTC donated. Nail 'em Virtualspade!
virtualspade (OP)
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February 04, 2014, 11:31:33 AM
 #250

I got mail from the lawyer, the total amount of BTC needed to pay for the rest of the invoice is 3.8 BTC.

I will now send the missing part of the BTC to the donations wallet, and then I will send the 3.8 BTC to the lawyer.

If anyone likes to compensate me for paying the rest of the BTC needed for the criminal complaint, or for all the work I put in to making this happen, then you can send some coins to:

virtualspade's cold beer fund:

BTC:  1PFLjadp8BUXihShfEmhCKugUUfo8SveJy
LTC:   LUTaae2YTkZomPgd2AeqKyNonpe2iTgZ7R
WDC: WQ6hNRmN4cDhF6XmccRN6uruWinLkZd2Aj
EAC:  emS97Z8rn9bUq4jkzTWhQpQPmJojo6uGdV
PHS:  9VhrLFyjP7mjBpSN3eAeihWfDH6mow69hJ
DMD: dQhdTU2q6g1CnESmmF4AGdnrpGJVZHkPYt 
Coye: 5iz6WwTqgxwakJVTqU8k4vqBMp4XTNbZE1
Doge: DHiozbykumGbqVnanE6tTWhvYBzJKFyWJB

Thank you for your support,

virtualspade


virtualspade's cold beer fund: BTC:1PFLjadp8BUXihShfEmhCKugUUfo8SveJy LTC:LUTaae2YTkZomPgd2AeqKyNonpe2iTgZ7R  WDC:WQ6hNRmN4cDhF6XmccRN6uruWinLkZd2Aj More over here
ThrillHou
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February 06, 2014, 11:59:15 PM
 #251

Everyone who is involved must contribute SOME amount of BTC, else they risk the possibility of what that may mean if any of the funds are recovered  Lips sealed

Thanks VS
GTR_JOEY
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February 07, 2014, 03:47:22 AM
 #252

Donated
chaostheorist
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February 07, 2014, 01:28:37 PM
 #253

Everyone who is involved must contribute SOME amount of BTC, else they risk the possibility of what that may mean if any of the funds are recovered  Lips sealed

Thanks VS

Not really sure what you're saying here? I contributed and doesn't really pertain to me but that sounds almost like a threat of holding BTCs recovered, if any, from people.
bitcoiner49er
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February 07, 2014, 04:15:34 PM
 #254

Everyone who is involved must contribute SOME amount of BTC, else they risk the possibility of what that may mean if any of the funds are recovered  Lips sealed

Thanks VS

Are you speaking for VS?

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E.Sam
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February 07, 2014, 04:33:16 PM
 #255

Everyone who is involved must contribute SOME amount of BTC, else they risk the possibility of what that may mean if any of the funds are recovered  Lips sealed

Thanks VS

Are you speaking for VS?

No, he just says Thanks VS (for his involvement & work I guess).
I m not sure what he means. I have been a strong advocate for donations, and a bit pissed off to see so few, but regardless of ones contribution all will receive their faire share of (if any) salvaged funds. That I m sure of.
Now if this is based on the number of owned shares, or on a % of lost investment, that I m not sure of. I suppose this will depend on what the law specifies in such circumstances.
virtualspade (OP)
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February 09, 2014, 01:44:45 PM
 #256

Hello everyone,

The criminal complaint against Labcoin was filed on Friday to the Polizia Postale, so now we just wait for the Police to do their work, a process that I guess will take some time.

I got the submission receipt released by Police from the lawyer, and the lawyer said that "They seemed quite interested to the matter.", so I would say thats some good news.

I will of course keep you all updated about the case, but I don't want to give out too much information. I know that most of you would like to see some results in the next weeks, but a more realistic time frame is probably, that we will see some results in the next months or so. 

I would like to thank you for the donations that I got Smiley, I got back the BTC that I used to pay for the missing part of the invoice, plus a little extra. I paid the missing part first, because I wanted the invoice to be fully paid, when the lawyer got the signed complaint, so that he would submit it as soon as possible.

Everyone who is involved must contribute SOME amount of BTC, else they risk the possibility of what that may mean if any of the funds are recovered  Lips sealed

Thanks VS

ThrillHou, thank you for your enthusiasm for trying to get people to donate, but the matter of fact is, that if there will be a court case against Labcoin , then ALL people who joins that and seeks for compensation from Labcoin, will have the right to their share, no matter if they donated or not.

To everyone helping out, answering questions here in the thread and all who donated,

Thank you for your support,

virtualspade

virtualspade's cold beer fund: BTC:1PFLjadp8BUXihShfEmhCKugUUfo8SveJy LTC:LUTaae2YTkZomPgd2AeqKyNonpe2iTgZ7R  WDC:WQ6hNRmN4cDhF6XmccRN6uruWinLkZd2Aj More over here
SebastianJu
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February 09, 2014, 08:50:11 PM
 #257

ThrillHou, thank you for your enthusiasm for trying to get people to donate, but the matter of fact is, that if there will be a court case against Labcoin , then ALL people who joins that and seeks for compensation from Labcoin, will have the right to their share, no matter if they donated or not.

Would that be correct for the case against Labcoin because without lawyer no one can sue. The question then would be if users that dont want to pay will get free lawyer representation that was paid by the others. Though thats something of the future of course. Normally no one would be able to go to court without paying a lawyer. So maybe a prozentual payment, judging from the loss one took, can take place then since everyone would have a profit from it... if any.

Only a thought...

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SebastianJu
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February 23, 2014, 01:40:35 PM
 #258

Any news? Its 2 weeks after the complain was filed. Did the police or the lawyer got back with news in the meantime? Anything?

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
arousedrhino
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February 23, 2014, 04:12:45 PM
 #259

Any news? Its 2 weeks after the complain was filed. Did the police or the lawyer got back with news in the meantime? Anything?

Its been 2 weeks... In the legal world thats like 2 seconds.
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February 23, 2014, 04:24:19 PM
 #260

Any news? Its 2 weeks after the complain was filed. Did the police or the lawyer got back with news in the meantime? Anything?

Its been 2 weeks... In the legal world thats like 2 seconds.

A man can hope... Wink

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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