Quote from: misiu_mp on February 21, 2014, 03:55:13 AM

Quote from: igorr on February 20, 2014, 07:24:58 PM

Quote from: misiu_mp on February 20, 2014, 07:12:55 PM

I had a lot of cash at mtgox. I was slowly buying coins as it was dropping and now I have mostly bitcoins at mtgox.
What are the chances of participating in this suit by suing for the current actual market value of those coins in USD?

you do not have any contract with MtGox, so you do not have any chances to get back your money.

Don't my possessions of gox coins count for something? I mean they do have an obligation to compensate for those don't they? Just as those which have gox usd.

Their ToS acknowledges user funds as belonging to users. While it contains boilerplate indemnity clauses, it would be extremely difficult for MtGox to argue that it has no contract with its users.

The full extent of their liability is a bit less clear because of the disclaimers and the question of whether they have been deceiving their users, but they've got no hope of arguing that there was no "meeting of the minds" regarding the purpose for which people used their exchange and the expectation that user funds would be available on request.