Whist receiving the monetary value of the btc lost at the time of the Mt Gox collapse will disappoint many creditors, it will of course be a relief that they should now receive the full value of their original loss as opposed to what could have been virtually nothing when Mt Gox initially collapsed and brought the btc price tumbling. The somewhat ironic outcome of this matter (when there is an eventual pay out) is that Mark Karpeles may end up a very rich man and the excess value after creditors and legal fees are paid may go to him.
This is however the opportunity for all creditors to get on board and claim what is theirs. Please do not miss out as this will be the final opportunity to claim what is yours.
Topic: Mt. Gox's creditors can finally claim online for the bitcoin they’re owed (Read 138 times)
September 14, 2018, 09:17:51 AM
September 11, 2018, 03:50:24 PM
Had some troubles opening the link from the OP, here's alternative one:
https://www.japantimes.co.jp/news/2015/08/06/national/crime-legal/bitcoins-lost-in-mt-gox-debacle-not-subject-to-ownership-claims-tokyo-court-rules/#.W5bOfoAnak0
In summary, Court ruled that bitcoin should be treated as money, rather than physical assets. Therefore all that was left in Mt Gox should be divided among all affected users (proportionally), so there's no saying "my bitcoins were not stolen, so I want all of them back".
No controversy here, I would be worried if they ruled otherwise.
September 11, 2018, 10:00:01 AM
That is a great thing to hear. If the online claiming can be realistic and successful, it will bring confidence to the market. I think I won't be surprised if the price starts appreciating because investors confidence is key just like in forex too.
I think the opposite will happen, as any platform can claim to have been hacked and then after several years return to ctustomers their currencies after converting it to the US dollar.
Also, the news does not affect the price, only with slight gains.
September 11, 2018, 02:45:48 AM
Had some troubles opening the link from the OP, here's alternative one:
https://www.japantimes.co.jp/news/2015/08/06/national/crime-legal/bitcoins-lost-in-mt-gox-debacle-not-subject-to-ownership-claims-tokyo-court-rules/#.W5bOfoAnak0
In summary, Court ruled that bitcoin should be treated as money, rather than physical assets. Therefore all that was left in Mt Gox should be divided among all affected users (proportionally), so there's no saying "my bitcoins were not stolen, so I want all of them back".
No controversy here, I would be worried if they ruled otherwise.
September 10, 2018, 04:13:26 PM
Had some troubles opening the link from the OP, here's alternative one:
https://www.japantimes.co.jp/news/2015/08/06/national/crime-legal/bitcoins-lost-in-mt-gox-debacle-not-subject-to-ownership-claims-tokyo-court-rules/#.W5bOfoAnak0
In summary, Court ruled that bitcoin should be treated as money, rather than physical assets. Therefore all that was left in Mt Gox should be divided among all affected users (proportionally), so there's no saying "my bitcoins were not stolen, so I want all of them back".
No controversy here, I would be worried if they ruled otherwise.
September 10, 2018, 12:57:47 PM
That is great thing to hear. If actually the online claiming can be realistic and successful , it will definitely bring confidence to the market. I think I won't be surprised if price starts appreciating because investors confidence is key just like in forex too.
September 06, 2018, 02:34:26 PM
This is fantastic if it allows people to file a claim who missed the original deadline. I've been following this subreddit for a while, which gives an in-depth history of the bankruptcy proceedings: https://www.reddit.com/r/mtgoxinsolvency/comments/9bqxwn/latest_update_23_august_2018_commencement_of/
September 06, 2018, 12:58:04 PM
Victims of the failed bitcoin exchange Mt. Gox can now make an online claim for compensation thanks to the civil rehabilitation process sanctioned in June.
https://www.selachii.com/Blog/Mt-gox-s-creditors-can-finally-claim-online-for-the-bitcoin-they-re-owed.html
https://www.selachii.com/Blog/Mt-gox-s-creditors-can-finally-claim-online-for-the-bitcoin-they-re-owed.html
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