Post
Topic
Board Exchanges
Re: [ANN] Bitcoinica Consultancy abandons customers. Bitcoinica to enter Liquidation
by
NRF
on 02/08/2012, 00:49:09 UTC
Acting in its capacity as creditor to Bitcoinica LP, the Wendon Group investment fund will appoint a receiver under New Zealand law.

I have been kind of waiting and hoping for this.  I am not a Claimant so I could take no direct action myself but I applaud your actions. (Even though I think you may get next to nothing back)

What I am really (and selfishly) hoping for is that it will give a legal test case and President of the status of Bitcoin in New Zealand Law .  It will probably have to go all the way to the High Court to do it, and New Zealand is probably the only country in the world you can do it in at the moment (I wont bore you with New Zealand Law and current event's  Roll Eyes ) .

From there it is a simple step to Commonwealth Law because of the quirks of how New Zealand law works and from there to International Law will probably have to involve another president case (or possibly even the same one).

I humbly suggest everyone get behind this bandwagon.