12 Aug '12, 12am

Bitcoinica

Earlier this week, four users of the well-known Bitcoin trading platform Bitcoinica filed a complaint in a San Francisco court asking for $460,457.70 from the company. The plaintiffs allege that Bitcoinica, which had been hacked twice earlier this year, neglected the safety of its users’ money, and cheated them out of withdrawal requests that it said it would honor. Bitcoins, units of virtual currency which are cryptographically signed and transferred without the influence of banks or government oversight, experienced a boom about a year ago (in June 2011 one BTC was equivalent to $15), but crashed to less than $3 only 5 months later when slews of Bitcoin-stealing malware and hacks of Bitcoin "banks" unsettled the market. The nascent currency bounced back, however, and the price of Bitcoins surged this past July , rising above $9 for the first time in a year. As The Verge ...

Full article: http://arstechnica.com/tech-policy/2012/08/bitcoinica-use...

Tweets

#Bitcoin price soars above $9 for the first time in almost a year - Wait for the hedge funds to get in #futureofmoney

#Bitcoin price soars above $9 for the first tim...

arstechnica.com 12 Aug '12, 12pm

The price of Bitcoins surged this week, rising above $9 for the first time in almost a year. The increase suggests growing...

Bitcoinica users sue for $460k in lost Bitcoins...

coinbits.com 12 Aug '12, 8am

zcopley Earlier this week, four users of the well-known Bitcoin trading platform Bitcoinica filed a complaint in a San Fra...

Second Bitcoin lawsuit filed in California: Four men have sued Bitcoinica, one of the larger Bitcoin currency ex...

Second Bitcoin lawsuit filed in California: Fou...

theverge.com 10 Aug '12, 8pm

It's therefore somewhat ironic to see Bitcoiners turn to the law to bail them out, but victims have no other choice. There...

[TechieBuzz] Bitcoinica Sued for $460,457.70 ov...

techie-buzz.com 13 Aug '12, 7am

Bitcoin grew to be extremely popular over the last year, though the value of a Bitcoin fell from a whopping $15 to $3. Alt...

Bitcoin users sue over lost funds

bbc.co.uk 13 Aug '12, 1pm

13 August 2012 Last updated at 14:33 Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bitcoi...

Bitcoin users sue over lost funds

bbc.co.uk 13 Aug '12, 1pm

13 August 2012 Last updated at 14:33 Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bitcoi...

Bitcoin users sue over lost funds

bbc.co.uk 13 Aug '12, 1pm

13 August 2012 Last updated at 14:33 Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bitcoi...

Users sue Bitcoin exchange over $460k in missin...

finextra.com 13 Aug '12, 11am

Created by teenager Zhou Tong, Bitcoinica was one of the most successful Bitcoin exchanges until it claimed, earlier this ...

Users sue Bitcoin exchange over $460k in missin...

finextra.com 13 Aug '12, 11am

Created by teenager Zhou Tong, Bitcoinica was one of the most successful Bitcoin exchanges until it claimed, earlier this ...

Australian-based trading firm @SpendBitcoins pu...

spendbitcoins.zendesk.com 13 Aug '12, 1am

We regret to inform our many loyal and friendly customers in the US that due to regulatory obstacles that keep cropping up...

Users sue Bitcoin website over money lost in security breach

Users sue Bitcoin website over money lost in se...

vr-zone.com 13 Aug '12, 4pm

A number of users of a Bitcoin website have sued it after they lost thousands of dollars when the website was hacked and a...

Bitcoin users sue over unreimbursed funds lost in hacks: #infosec #n

Bitcoin users sue over unreimbursed funds lost ...

bbc.com 13 Aug '12, 2pm

13 August 2012 Last updated at 13:33 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bi...

トルコがシリアのクルド人支援って、トルコではどう受け止められてるんだ http://t.co/...

strategypage.com 11 Aug '12, 9am

August 11, 2012: Iraq is very angry at Turkey because the Turkish foreign minister visited the disputed (between and the a...

@EsqDiva You wanna sue the TA? I'd be down for ...

At least an hour of daylight remained when I picked up the older couple at Casino Center and Fremont. I was simply cruisin...

Bitcoin users sue website for losing their mone...

fark.com 14 Aug '12, 12pm

TheHumanCannonball: I'm amazed anyone actually still deals with bitcoins. It seems like there's two people trying to use i...