I am curious ....
How much of those bitcoins will be paid to the lawyers and trustees and accountants that worked on this case for years? The thing that usually happens in group lawsuits like this is the following :
1. The expenses are deducted and the victims get a small percentage of their losses.
2. The people (lawyers) get the majority of the money and the victims get almost nothing.
3. No interest is paid on the money that was lost.
We know only a small amount of the actual coins lost, was recovered... so the victims can only get a small percentage of everything that was recovered.
So to reiterate the scale of this issue...How much of those bitcoins will be paid to the lawyers and trustees and accountants that worked on this case for years? The thing that usually happens in group lawsuits like this is the following :
1. The expenses are deducted and the victims get a small percentage of their losses.
2. The people (lawyers) get the majority of the money and the victims get almost nothing.
3. No interest is paid on the money that was lost.
We know only a small amount of the actual coins lost, was recovered... so the victims can only get a small percentage of everything that was recovered.
1. 850,000 Bitcoins were lost when the exchange went down
2. 140, 000 Bitcoins were recovered when it was seized by the authorities
3. The addresses are very old holding these Bitcoins. So airdrops are also in these addresses. BCH, BSV, Bitcoin gold etc....
4. The payout is ONLY BTC and BCH at this time. I believe some say 15-20 percent of last stash held on the exchange.
5. Further coins recovered will go to the creditors.
6. Bitcoin was sold to cover creditors and other expenses.
7. Fortress is a majority stakeholder holding a majority of these accounts
8 Bitcoin price was well under 100 dollars at the time of the exchange having problems
