Re: Mt.Gox Multi-plaintiff Suit

I think those of us in the EU should push for a separate suit because there might be money in the polish account. It will also be easier.

I think the foundation are also to blame if they continued to accredit the exchange as a gold member when they were aware of these problems.

+1.

I Agree that it may worth investigating whether EU funds can be claimed directly from the polish bank.

Anybody in the forum with experience in related legal issues that can help?

There are good options for class-action suits in the Netherlands. Dutch courts are often used for pursuing class actions against firms (since they assume jurisdiction quite easily), and its judgments can be executed EU-wide.

Any person that has lost money/bc because of MT.Gox's mistakes has a civil claim that it can transfer to an institution or fund, which then in turn can initiate action on behalf of all claimants.

Gush do you know where we can start? Any institution or fund in Netherlands?

A logical first step would be to first pool how many people with claims you can find to start such a class action. Then you would have to approach a (NL-based) attorney with your case. A fund could be set up collectively on behalf of the claimaints. Allthough no cure no pay is forbidden in the Netherlands, there are ways to circumvent this with class-action suits, thus it might be possible to find a lawyer/lawfirm that would work on behalf of all claimants on a no cure no pay basis (which means the involved lawyers get an x percentage of the total claim value if they would succesfully bring the case to an end).