How Could Mt. Gox Sell-Off Affect Bitcoin Price?
Mar20

How Could Mt. Gox Sell-Off Affect Bitcoin Price?

When Bitcoin price came crashing down in the last week of February and the first few days of March, touching below the $10,000 mark, many were not fully aware what would have caused the sudden drop in value. Most observers felt the cryptocurrency has had a roller-coaster ride and since its rapid rise could not be explained, the drop could also be inexplicable. However, details have now emerged that Nobuaki Kobayashi, trustee of the...

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Canada’s Class Action Lawsuit Against Mt. Gox Has Been Dismissed
Jun02

Canada’s Class Action Lawsuit Against Mt. Gox Has Been Dismissed

According to the law firm representing the individuals who filed a class action lawsuit against the former Bitcoin exchange, Mt. Gox, in an Ontario Court of Justice, the lawsuit is to be dismissed on 17th June 2016 after a decision taken by all the parties that were involved. It seems that the decision has been arrived at after mutually agreeing to all the terms regarding its dismissal. As per this decision, there would not be any...

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