Judge Rejects Class Certification In Lawsuit Over Mt. Gox Hack

In the latest legal development around the 2014 hack of Mt. Gox, perhaps the most notorious bitcoin exchange event in history, a federal judge in the U.S. has rejected a bid for class certification from victims.

“An Illinois federal judge … rejected a bid for class certification from customers of defunct Japanese bitcoin exchange Mt. Gox, saying it’s not reasonable to conclude that 30,000 putative class members shared the lead plaintiff’s interpretations of Mt. Gox’s terms of use or even read them,” Law360 reported.



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