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Tokyo court rules that Bitcoin is not subject to ownership

Friday 7 August 2015 00:02 CET | News

Tokyos District Court has ruled that Bitcoin is not subject to ownership, with a judge informing a plaintiff he could not claim for Bitcoins lost in the Mt Gox collapse.

It is unclear what impact this ruling will have on other Mt Gox claimants, as thousands of creditors undergo a lengthy process to divide up the exchanges remaining assets, last valued at USD 11.5 million.


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Keywords: Bitcoin, online payments, digital payments, cryptocurrencies, Tokyo
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3






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