SAN FRANCISCO — It’s his first attempt to recover a client’s virtual currency from a largely unregulated market, but attorney Charlie Yu plans to treat the suit like any other personal property case.
Yu, a lawyer with Hedani, Choy, Spalding & Salvagione, got the OK on Monday to proceed with a case for a client who claims he was cheated out of $2,500 in bitcoins. Plaintiff Uriel Scott alleges he purchased the electronic currency through Tradehill Inc. in 2011, and was then locked out of his account and unable to access his electronic funds.
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