Judge Approves Fraud Claims Against Bitcoin Mining Firm HashFast

By August 18, 2015Bitcoin Business

gavel judge court room A US District Judge has approved claims against bankrupt bitcoin mining company HashFast and two of its officers.

Judge Edward Davila, responding to a motion to dismiss filed by the defendants, sided with plaintiff Pete Morici by approving the claim that HashFast violated the Unfair Competition Law (UCL) – which prohibits "acts or practices which are unlawful, or unfair or fraudulent" – and additional allegations of fraud.

Morici alleges that he purchased […]

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