District Judge Robert Kelly refused the request of the former CEO of now-defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, to dismiss the U.S. class-action lawsuit against him, industry news outlet Coindesk reports on July 30.
Per the report, Karpeles previously filed for the dismissal of the lawsuit alleging that he has hidden issues at the exchange from its users by claiming that the Philadelphia court did not have jurisdiction in the case. An alleged court document of the ruling also indicates that the lawsuit has been initiated by former Mt. Gox user Gregory Pearce on behalf of the people affected by the collapse of the company.