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Author Topic: Coinabul and owner thereof sued in U.S. Federal Court  (Read 3263 times)
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TheButterZone (OP)
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RIP Mommy


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July 31, 2014, 04:33:55 AM
Last edit: September 26, 2015, 03:32:08 AM by TheButterZone
 #1

A major bitcoin-to-gold trading website is facing a class-action lawsuit after allegedly defrauding thousands of customers.

Coinabul LLC, a service based in Wyoming that exchanges bitcoin, an online currency, for precious metals, continued accepting bitcoin payments despite allegedly stopping shipments for nearly a year, according to a federal complaint filed Friday in Illinois.

See more at the URL above

Here are the court docs uploaded via RECAP
http://ia902309.us.archive.org/8/items/gov.uscourts.ilnd.298700/gov.uscourts.ilnd.298700.1.0.pdf - CLASS ACTION COMPLAINT AND DEMAND FOR JURY TRIAL
(someone else RECAP'd this)

http://ia902309.us.archive.org/8/items/gov.uscourts.ilnd.298700/gov.uscourts.ilnd.298700.2.0.pdf - PLAINTIFF’S MOTION FOR AND MEMORANDUM
IN SUPPORT OF CLASS CERTIFICATION
(I RECAP'd this, $3 less towards getting civil rights cases publicly disseminated this quarter)

P.S. The plaintiff's represented by Edelson PC, also representatives in suing MtGox.

Tips gratefully accepted at 191R9RaC4mUsc4mKAQPY1TBZc5JGRt13zp.

QuantumQrack
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August 03, 2014, 02:22:14 PM
 #2

I'd like to bitch-slap those who supported this guy in #bitcoin-otc.  I figured this guy was shady back in 2012.
TheButterZone (OP)
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September 26, 2015, 03:31:20 AM
 #3

$1,557,247.82 default judgement.
https://ia902309.us.archive.org/8/items/gov.uscourts.ilnd.298700/gov.uscourts.ilnd.298700.43.0.pdf

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September 26, 2015, 03:34:05 AM
 #4


how much was lost?

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