Mealey's Bankruptcy - Judge In Bitcoin Investor Class Action Stays Case, Grants Stipulated Settlement

CHICAGO - The federal judge presiding over the putative investor class action against bitcoin exchange operator MtGox Inc. in the U.S. District Court for the Northern District of Illinois on May 9 issued an order staying the proceedings and granting a stipulated settlement between the class and principals of MtGox (Gregory Greene v. MtGox Inc., et al., No. 14-01437, N.D. Ill.).

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