In a blog post published by Mark Karpeles
https://blog.magicaltux.net/article/MtGox-Bankruptcy detailed possible avenues for reviving Mt Gox, the once-dominant Japanese bitcoin exchange that collapsed amid allegations of fraud and mismanagement in early 2014. Hundreds of millions of dollars worth of bitcoin – at then-current prices – were feared lost, though ultimately 202,000 BTC were retained as assets, under the custody of a trustee.
Mark Karpeles:
"Launch an ICO to raise money to hypothetically revive MtGox. This sounds more challenging, both legally and because there is no guarantee of raising enough to revive MtGox. In case there is not enough raised it could still be locked to be distributed to creditors, which would be better than nothing."
"Should anyone have 245 million USD sitting around and want to purchase MtGox, just drop me an email," he wrote.
Source:
https://www.coindesk.com/gox-ico-ceo-karpeles-floats-token-sale-revive-bitcoin-exchange/The question is Do you think Mark Karpeles deserves to be trusted again? Would you invest? Thoughts?
This is a big joke. Why would I trust my money to a guy who stole million dollars worth of Bitcoin from MtGox investors. If he wants to revive the exchange why not use his own money. He does not deserve the trust of investors. lol