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CoinLab reportedly filed a claim of JPY 1,700 billion ($ 16 billion) against the exchange of cryptocurrency, which has now disappeared, Mt. Gox, according to an alleged photo of the document filed on Reddit on Feb. 1. .
As reported by Cointelegraph in his Mt. Recap by Gox last March, in 2013, CoinLab, a former trading partner of the stock market, sued the company for $ 75 million, citing a breach of contract. The contract stipulated that CoinLab would take over the US customers of Mt. Gox, but it never happened.
Photograph of a so-called CoinLab Mt. Gox Claim. Source: Reddit
Some members of the cryptocurrency community felt that the alleged increase in CoinLab's claim was unjustified. A Twitter user tagged Peter Vessenes in a tweetThe co-founder of CoinLab, asking, "Have you submitted a $ 16 billion claim for the civil rehabilitation of Mount Gox?"
The user then concluded:
"Looks like it was done with caution [sic] just to block any paid claim? [sic] Would you like to clarify how this request is justified?
This lawsuit, according to several sources, could delay payments to users who lost funds during the collapse of the exchange. Kraken's chief executive, Jesse Powell, reportedly said last fall that he was "disappointed to learn that this lawsuit was responsible for blocking payments and that any judgment regarding CoinLab would be dealt with at equality with the victims of the depositors ".
"I think it's hard for people to get an idea of the $ 75 million claim, knowing that CoinLab has never played and owes MtGox more than $ 5 million. If the transaction had been completed, CoinLab could be held liable for the lack of customer deposits. "
As Cointelegraph reported at the end of last December, Mark Karpeles – the former CEO of the current deceased Mount. Gox – claimed that he was not guilty in the final argument of his trial.
Over the past month, Nobuaki Kobayashi, director of the now-obsolete Bitcoin Exchange (BTC), Mt. Gox, announced that he was making efforts to extend the deadline for filing civil rehabilitation applications.
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