Very amusing to see people all excited about a virtual currency independent of government, then want to use the legal system to recover their losses when things go wrong.

Lets just review some basic facts.
The very existence of present national governments depends on their ability (in cahoots with the banks) to create and control the (fiat) currency universally used for commerce. Undermine that fiat, fractional reserve money machine, and all current governments would rapidly go pooof and vanish in a cloud of spitting, self-devouring chaos.

And this is _why_ we all like the fundamental concept of Bitcoin, because we hate the government and everything it stands for, right?

Except... the legal system is created, maintained and enforced by government. It is _part_ of the government.

It's true there's a long, long way to go before Bitcoin or anything like it makes an actual dent in government power. But the principle and intent are there. So going crying to the lawyers about your Bitcoin losses has a pretty strong small of hypocrisy.

On the other hand, starting a class action suit might be a good way to find out what the establishment wants with regard to Bitcoin. See how much official cooperation or obstruction you get.