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U.S. Federal Judge Rules in Favor Bitcoin IRA in Case Against Kingdom Trust

Published 11/15/2019, 10:08 AM
Updated 11/15/2019, 11:41 AM
© Reuters.  U.S. Federal Judge Rules in Favor Bitcoin IRA in Case Against Kingdom Trust
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A United States federal judge has ordered asset custodian Kingdom Trust to fully restore data access to all affected clients following the unilateral termination of customers' access to their own account information on Bitcoin IRA's website.

Filed on Nov. 12, a court document reveals that South Dakota District Court Federal Judge Karen E. Schreier ruled in favor of Bitcoin IRA in the case against Kingdom Trust, where the latter allegedly breached a referral agreement by terminating customers’ access to their account data on Bitcoin IRA’s platform without providing prior notice.

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