Mizuho Bank can't escape Mt. Gox bitcoin class action

A US judge in Illinois has refused to dismiss a proposed class action against Mizuho Bank over allegations it defrauded clients of the now defunct bitcoin exchange, Mt. Gox, but said that the lawsuit needs to either add a new named plaintiff or transfer to California.

By Carmen Germaine (March 14, 2016, 3:49 PM EDT) -- An Illinois federal judge on Monday refused to dismiss a proposed class action accusing a Japanese bank of defrauding clients of the defunct bitcoin exchange Mt. Gox, but said the suit needs to either add a new named plaintiff or transfer to California....

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