A group of users has already conducted proceedings before the Alcobendas Court of First Instance. Victims demand answers about when they will get their funds back.
The hack of the 2gether platform affected a group of Spanish users, who are preparing a class action lawsuit to recover the cryptocurrencies that they lost on July 31st. The appeal has not yet been filed, but preliminary proceedings have already been conducted before the Alcobendas Court of First Instance, according to attorney Víctor López, founder, and director of the law firm LBO Abogados.
The firm is conducting the proceedings in conjunction with users, who have reportedly lost between EUR 20 thousand and EUR 50 thousand worth of cryptocurrencies. They decided to proceed to court after they received no guarantees from 2gether to return the funds, as they allege. That millionaire hack included the theft of 114 BTC and 267.3 ETH.
Besides, López revealed that the law firm was also affected since it maintained investments in the platform, as well as an unspecified number of customers of the firm. The lawyer revealed that there is a double concern among users.
The first and most important is related to the lost funds and how to return them. The second has to do with compensation to those affected. In other words, users want to know what will happen to the compensation for damages and lost time, as well as the money that they have invested to recover the stolen funds.
Regarding the first case, the company has offered alternatives to return the funds. These include company shares, use of the 2GT token (not yet created), and fiat money. However, most of the users are requesting the return of the same amount of cryptocurrencies that they had before the hack. As for the second case, there is no statement.
Faced with the possibility of a response from 2gether and the proposal of a scheme for the return of cryptocurrencies, López said that there could be a reversal of the judicial proceedings. However, he stressed that “they are forcing them to take the case to court” as there are no guarantees.
Message to 2gether Users in Spain
The users who would participate in the lawsuit, and other interested parties, received a communication. In the message, the law firm informs that the company cannot socialize losses for which it is not responsible and even less claim lack of solvency for being a “startup”.
The firm highlighted that 2gether is a limited liability company with more than EUR 800,000 worth of share capital and that “they will have to face, as far as possible, the full restitution of funds as soon as possible.”
Regarding the issue of security, it highlighted that centralized exchanges do not share private keys with their customers and users. In terms of the blockchain, these keys allow signing transactions and having access to the funds associated with a public address.
The company’s ability to respond to requests for information was also a reason for complaint. The firm sent a burofax three times when no one received it.
Regarding the submission of the lawsuit, the firm would only wait for the response of the Alcobendas Court of First Instance, from which it requested information on 2gether’s records. Once they have received the data, and if they do not receive a response from the company, they would proceed with the ordinary lawsuit.
By Alexander Salazar
