I'm not sure if this community is familiar with the new up-coming currency known as BitCoin from Bitxoin, but I figured it would be worth a shot asking here. Basically what happened is the following: I placed an online "order" to purchase BitCoins at a particular company's website. (This company is www.bitXoin.com) I then go and pay for my order by way of cash-deposit at my local commonwealth bank branch directly into their account. The amount is for 2528$ (AUD) The company is meant to supply the bitcoins to my online "Bit-Wallet" (A sort of personal bank account on my computer), within 4-6 hours of the transaction being made and my money being deposited into their bank account. The company failed to provide what I paid for, have not contacted me AT ALL, even though I have sent them dozens of emails and phone calls. After 3 days of me ringing them, they disconnected their business phones, and I still have not heard back from them in any way after 1 week of them taking my money. I have contacted ASIC and they told me it is outside their jurisdiction because they do not recognize "bitcoins" as a legal currency, and to take it up with police. I know however, the police wont recover my funds, they will just try make a criminal case against them. I would like to know where I would stand under Australian consumer law creating a civil-case against this company. I have informed them by email twice they have put me in a situation of financial stress, and I will be charging them interest on the amount they owe me for each day they refuse to contact me about the situation. Furthermore they company is continuing to "trade" from their website, so they could still be stealing/frauding people even still. Thanks for any help or advice.