Mt.Gox Multi-plaintiff Suit

[IIpeBeD_MeDBeD]

Hi! I lost 21 BTC on mtgox.
I want to try get it back.
What i need to do for a class action lawsuit? Im from Russia and my english is very bad.
Pls. help me. Thanks!

[jennessr]

I'm potentially interested, but…
I prefer the suit to be for Bitcoin asset value.  That's global, so presumably the customer base is bigger.  Also, the jurisdiction can be chosen to be the one most favorable to true class action suits.  Finally, we could choose a jurisdiction with good KYC and AML, for an expectation of identifying the perps who actually stole the assets (if that's what happened).  Also, BTC was key to the crime, whether it was theft from the exchange or the exchange perpetrating a fraud.
I'm sure there were lots of BTC-only victims, due to the low prices at the end and the resulting arbitrage opportunity.
Perhaps we need N+1 separate suits, for N Fiats plus BTC, but let's focus on BTC first.

[squidfrites]

Thank you for initiating this effort.

I have 10 point something BTC on MtGox and would like to join your action.
My preference would be to sue for the 10.x BTC.
If the terms of your action meant I had to sue for a USD amount, I would concede to that.

I don't have records or screenshots though, MTGox has that.  Can part of the action also be to force MtGox to give up account records? I expect that I am not the only one who would need this.

This is the third BTC exchange collapse (or serious problem) I have been caught in. So yes, I know, I am very stupid to have lost 10+ BTC and not to have screenshots etc.

The glaring difference is that with the previous two events ( with Instawallet and Bitcoin 24) , those organisations were informative, helpful and ultimately proved good-as-their-word trustworthy: it took a long time but they diligently returned all BTC funds (to me at least).
Well, that may happen with MtGox of course, but their blank website says otherwise and does not point that way. I do not trust them.

[britta]

I lost over AUD$80,000, stored as fiat with MtGox.  Can i get in on this?

[Ominub]

This is the third BTC exchange collapse (or serious problem) I have been caught in. So yes, I know, I am very stupid to have lost 10+ BTC and not to have screenshots etc.

I´m not sure if screenshots are enought reliable data for law use. But if you have stored copy of your communication with gox´s support which contains exact amounts, it should be definitely helpfull.  Anyway I think we´re screwed up, unless the big players will fire current management and rescue the gox exchange as service. Then we have real chance to get our money back.

Btw: Have you already seen this? I don ´t know the relevancy of this document, it can be fake as well, but I think it is good to see it http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft  ... if that is truth, we still have a chance.

[oooo]

They filed for bankruptcy. I believe this means all civil suites would be halted until the administrator can be brought up to speed and work out a plan moving forward.

Can somebody clarify?

[raskul]

They filed for bankruptcy. I believe this means all civil suites would be halted until the administrator can be brought up to speed and work out a plan moving forward.

Can somebody clarify?

that's about the size of it, however, it would still be advisable to make sure all claims are routed to the administrator via legal professionals.

[dreamspark]

They only filed for bankruptcy protection for this exact reason, to stop class action law suits while they attempt to find a solution.

[nmersulypnem]

Updated OP

[medialab101]

They only filed for bankruptcy protection for this exact reason, to stop class action law suits while they attempt to find a solution.

They are safe from class-action suits for the moment but they are still open to criminal suits, which I'm sure will ensue. Especially after more facts of the case become clear.

[nmersulypnem]

They only filed for bankruptcy protection for this exact reason, to stop class action law suits while they attempt to find a solution.

They are safe from class-action suits for the moment but they are still open to criminal suits, which I'm sure will ensue. Especially after more facts of the case become clear.

In Japan bankruptcy law does not protect executives from personal liability in the case of gross negligence - which is almost a certainty in this case in my opinion.

[puppy987654321]

I wish you success in lawsuit.
I lost "only" 11 BTC and USD 1500 so I think I have no chance of getting my money or BTC back.
Shame I didnot watch the situation closer.
I thought the problems are not so bad and maybe some 10% of funds could be missing so people would get 90% maybe 80%..... I was stupid fool. But it is nothing with comparison of people whos life is ruined by Karpeles behaviour.

[repentance]

They only filed for bankruptcy protection for this exact reason, to stop class action law suits while they attempt to find a solution.

They are safe from class-action suits for the moment but they are still open to criminal suits, which I'm sure will ensue. Especially after more facts of the case become clear.

In Japan bankruptcy law does not protect executives from personal liability in the case of gross negligence - which is almost a certainty in this case in my opinion.

While that may be true, it doesn't mean that finding a law firm willing to take the case would be easy.  Law firms like to get paid.  Personal liability means jack shit if someone doesn't have the means to pay a judgement.

[squidfrites]

Btw: Have you already seen this? I don ´t know the relevancy of this document, it can be fake as well, but I think it is good to see it http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft  ... if that is truth, we still have a chance.

Thank-you, I had heard of this but not read so it is interesting.
But must be ho hum since we are not reading it directly from Mt Gox on their website.

[emunebtk]

Very interested as well in being apart of the class action lawsuit as I lost 1.8BTC and am a US customer. I know it's nothing compared to what many lost but it is still a good chunk of change I would love to see back. Any help is much appreciated! Thanks

[gjlite]

I'm another victim in Japan.

Have lost over 30BTCs which I need back.

Fortunately I took a screen grab of my transaction list, account number and balances. Most of my savings were tied up in Mt Gox's account.

If this helps, I will be eager to join a class action suit in Japan.

Gavin

[simonvrouwe]

Lost 80 BTC on mtGox and a pending withdrawal of 1000 Euro.

Will join collective suing if offered.

[Jeezy911]

OMG this is so freaking sad reading this thread. These crooks should be in front of a firing squad but my god please dont ever trust anyone to hold 10s of thousands of dollars but yourself.

[enddhy]

bitcoin = $$$$ now??

[beepboopbeep]

I lost 18.097 bitcoins. Can I get in on this?