May 07, 2013 BY Gerald Segal

The Bitcoin wars heat up as Mt. Gox is sued by CoinLab

CoinLab takes Mt. Gox to Court for $75 million as the race to lead the Bitcoin revolution heats up. In February a joint venture between leading Bitcoin exchange Mt. Gox, and CoinLab -- which bills itself as the first U.S. venture-backed Bitcoin company -- was announced. The plan was for CoinLab to take over Mt. Gox’s Bitcoin operations…

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