Mealey's IP/Tech - Class: Alternate Service Needed For Bitcoin CEO; 'New Facts' Being Discovered

Mealey's IP/Tech - Class: Alternate Service Needed For Bitcoin CEO; 'New Facts' Being Discovered

CHICAGO - The investors who filed a putative class action against bankrupt Bitcoin exchange operator MtGox Co. Ltd. on April 7 moved in the U.S. District Court for the Northern District of Illinois for approval to use alternate means to serve notice on the company's CEO Mark Karpeles on grounds that they have attempted service through various means to no avail, and on grounds that federal courts "routinely" permit alternate service when dealing with foreign defendants (Gregory Greene, et al. v. MtGox Inc., No. 14-01437, N.D. Ill.).

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