Post
Topic
Board Legal
Re: MtGox Bitcoin Lawsuit
by
TechieCFO
on 01/03/2014, 06:55:57 UTC
I have substantial experience in court rooms and have authorized
millions of dollars of expenditures in various proceedings over
the decades.

Those of you contemplating being involved in a lawsuit should
consider this:

A. If the amount you have lost is less than $10 million, you'll
run an extremely great risk that the lawyer fees will result in you netting
absolutely $zero in return for your efforts, your time and your money.

B. See rule A.

C. Typically the only winners in a lawsuit are the lawyers.

D. Everything can be argued for nearly infinite time frames
when the people arguing can bill someone at $400 per hour.