Two former users of the closed bitcoin exchange Mt. Gox sued the company because of the loss of 9,500 bitcoins, which at the current exchange rate are estimated at $ 133 million. This is reported by CoinDesk.
Initially, Donald Raggio, along with his son Chris, sued several organizations and people, including Jed McCaleb and Mark Karpeles, the former owners of Mt. Gox, March 5, 2014. Defendants filed a petition to review the case in a simplified manner, but on November 16, 2017 it was rejected. Later, an appeal was sent to the court demanding a review of the decision.
According to the court document, Donald Raggio registered at the Mt. Gox in December 2010, when bitcoin cost less than $ 1.
As electronic correspondence between Donald Raggio and McCaleb shows, shortly thereafter, in January 2011, someone withdrew 9,500 bitcoins from Donald's account.
Although it is not clear how exactly access was obtained to Donald's account, McCaleb appears to have contributed to the investigation in the future. According to the court document, the investigation led to the suspect under the nickname "Baron", who denied his guilt.
In 2011, McCaleb sold the stock exchange Mt. Gox to Carpeles, who later stated that he received from the predecessor the assets of Mt. Gox, but not its obligations.
In this order, the proceedings continued until 2014, when Mt. Gox announced its bankruptcy, and Donald and Chris Raggio put forward their suit against the company.
The defendants continue to insist that the Raggio lawsuit must be redeemed under the statute of limitations of the Mississippi State, since it was filed 3 years and 54 days after the loss of the bitcoins.