Cyber-currency exchange site named in class action

Posted on: January 25th, 2018 by Steve Larson

On January 10, 2018, a complaint was filed on behalf of a putative class of subscribers to a defunct digital currency exchange called Vircurex in federal court in Colorado. Vircurex subscriber, Timothy Shaw, alleges that the Beijing-based company unlawfully froze subscribers’ accounts when it disabled the ability to withdraw Bitcoin, Litecoin, Terracoin and Feathercoin in 2014.

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