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Author Topic: Coinabul and owner thereof sued in U.S. Federal Court  (Read 3220 times)
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TheButterZone (OP)
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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.

Saying that you don't trust someone because of their behavior is completely valid.
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

Saying that you don't trust someone because of their behavior is completely valid.
smoothie
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September 26, 2015, 03:34:05 AM
 #4


how much was lost?

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