A federal judge has issued a temporary restraining order and expedited discovery in the class-action lawsuit filed against MtGox Inc., Tibanne KK, and their CEO, Mark Karpeles, thereby freezing all of their American assets immediately.
A printed copy of the judge’s order was not immediately available but likely will be published late Tuesday or early Wednesday.
The case, formally known as Greene v. MtGox Inc., MtGox KK, Tibanne KK, and Mark Karpeles, was filed in Illinois last month and awaits the judge’s formal certification of the users as a class.
The lead plaintiff, Graham Greene of Chicago, alleges that he lost $25,000 in bitcoins from MtGox.
The lawsuit accuses MtGox of fraud, negligence, breach of fiduciary duty, and breach of contract, among other allegations.
One of Greene’s attorneys, Christopher Dore, told Ars that on Tuesday, Judge Gary Feinerman also allowed for expedited discovery of the other three remaining entities named in the case.