{"id":733,"date":"2017-08-01T00:00:00","date_gmt":"2017-08-01T04:00:00","guid":{"rendered":"https:\/\/www.silvermillerlaw.com\/media-coverage\/30-million-in-bitcoin-ordered-returned-in-cryptocurrency-class-action\/"},"modified":"2023-06-14T12:01:09","modified_gmt":"2023-06-14T12:01:09","slug":"30-million-in-bitcoin-ordered-returned-in-cryptocurrency-class-action","status":"publish","type":"news_posts","link":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/30-million-in-bitcoin-ordered-returned-in-cryptocurrency-class-action\/","title":{"rendered":"$30 Million in Bitcoin Ordered Returned in Cryptocurrency Class Action"},"content":{"rendered":"<p><strong> David Silver Quote : <\/strong><\/p>\n<blockquote><p>\n<strong>I&#8217;m just a little guy; and if I&#8217;m knocking at this door, someone eventually will knock louder and get more results, and eventually we will reach a tipping point. A tipping point is coming\u00a0\u2014 U.S. courts and federal court judges believe they have power to enforce their orders, and in the United States of America, that&#8217;s a true fact.<\/strong>\n<\/p><\/blockquote>\n<p>A federal judge has ordered the return of 11,000 bitcoins worth about $30 million in a decision considered the first of its kind.<\/p>\n<p>The ruling by U.S. District Judge Kenneth Marra of the U.S. District Court for the Southern District of Florida stems from a class action in which plaintiffs alleged that the defendant had stolen their money and fled to China.<\/p>\n<p>In today\u2019s cryptocurrency world, however, the legal victory might only be worth the paper it\u2019s printed on.<\/p>\n<p><strong>\u201cI\u2019m unaware of any other federal court, in a federal court order, transferring the ownership of a bitcoin from one person to another,\u201d said David Silver<\/strong>, one of the lawyers for the plaintiff class in Leidel v. Project Investors Inc.<\/p>\n<p><a href=\"https:\/\/www.law.com\/dailybusinessreview\/almID\/1202794478802\/\" target=\"_blank\" rel=\"noopener\">Read the rest of the article.<\/a><\/p>\n","protected":false},"featured_media":1784,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news_categories":[],"class_list":["post-733","news_posts","type-news_posts","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>$30 Million in Bitcoin Ordered Returned in Cryptocurrency Class Action - SilverMillerLaw.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/30-million-in-bitcoin-ordered-returned-in-cryptocurrency-class-action\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$30 Million in Bitcoin Ordered Returned in Cryptocurrency Class Action - SilverMillerLaw.com\" \/>\n<meta property=\"og:description\" content=\"David Silver Quote : I&#8217;m just a little guy; and if I&#8217;m knocking at this door, someone eventually will knock louder and get more results, and eventually we will reach a tipping point. 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