IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS, EASTERN DIVISION
GREGORY GREENE, individually and on behalf of all others similarly situated,
, v. MTGOX INC., a Delaware corporation, MT. GOX KK, a Japanese corporation, TIBANNE KK, a Japanese corporation, and MARK KARPELES, an individual,
. Case No. 1:14-cv-1437
CLASS ACTION COMPLAINT AND DEMAND FOR JURY TRIAL
Plaintiff Gregory Greene (“Greene”) brings this Class Action Complaint and Demand for Jury Trial (“Complaint”) against Defendants MtGox Inc., Mt. Gox KK, Tibanne KK, and Mark Karpeles (collectively referred to in the singular as “Mt. Gox”) to challenge its intentional and systematic misuse and misappropriation of its users’ property. Plaintiff, for his Complaint, alleges as follows upon personal knowledge as to himself and his own acts and experiences, and, as to all other matters, upon information and belief, including investigation conducted by his attorneys.
NATURE OF THE ACTION
In just a short period of time, hundreds of millions of dollars worth of a new form of digital currency known as “Bitcoin” belonging to the members of the Classes has disappeared. This catastrophic loss has not only revealed the instability of a burgeoning new industry, it has also uncovered a massive scheme to defraud millions of consumers into providing a private company with real, paper money in exchange for virtual currency. To help understand this
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