MintPal raising $25k to cover legal costs of fight to recover coins from Moolah

MintPal is looking to raise $25k in their continuing fight to "see justice served against" Moolah and Alex Green (a.k.a. Ryan Kennedy), who stand accused of stealing over $1 million worth of coins from the altcoin exchange.

If you'd like to see justice served against @moolah_io, please help us raise $25k for all the legal fees involved. 1/3 — MintPal (@MintPalExchange) October 31, 2014

MintPal says that it can access a portion of the coins that have not migrated over to MintPal 2.0, but the majority of the $1.4 million worth remains outstanding. Speaking with Coindesk, MintPal shareholder Ferdous Bhai said that activity in a LocalBitcoins account suggests that the funds held by Green have already been sold.

Bhai is working with Selachii LLP, who is representing Syscoin developers in their recovery efforts and who won an injunction against Moolah from a London court.

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