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Civil Litigation

Jan. 26, 2018

LA bitcoin investor sues Japanese bank

A Los Angeles bitcoin investor sued a Japanese bank on Wednesday for allegedly losing over $400 million in digital currency.

LOS ANGELES -- A California bitcoin investor sued a Japanese bank on Wednesday for allegedly losing over $400 million in digital currency.

The plaintiff filed a class action in the Central District against Mizuho Bank Ltd. and its former financial partner, Mark Karpeles, owner and CEO of the Mt. Gox bitcoin Exchange, which in the early 2010s was one of the best established cryptocurrency trading platforms in the world. Joseph L...

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