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Topic: Open Letter to Mark Karpeles: Voluntary Reorganization is the Best Option for Us - page 2. (Read 4470 times)

legendary
Activity: 1316
Merit: 1000
sr. member
Activity: 322
Merit: 252
Moot point.  Sorry.  This drives me nuts.

That's quite a pacific thing to get annoyed about if you ask me. You could of just ignored it.

Technicality speaking, your correct.
sr. member
Activity: 322
Merit: 252

It's a bit of a mute point

Moot point.  Sorry.  This drives me nuts.
full member
Activity: 141
Merit: 100
Whatever plan you have now, First you need to find Mark and let him listen to you, which seems to be quite difficult.

He denied to tell the public what is happpening and what he is going to do, that is the worst thing.
member
Activity: 93
Merit: 10
This would be great ! I hope it goes through. It would be a great example to the whole world. Bitcoin would truly be on every newspaper.
hero member
Activity: 564
Merit: 508
I would like to see Mark go to jail then we discuss about reorg. He just can't go away without punishment, i don't believe he is innocent.

This would be a good start.
legendary
Activity: 1316
Merit: 1000

if you wanna support this project chatroom:


irc channel ##mtgox-statement
newbie
Activity: 56
Merit: 0
I would like to see Mark go to jail then we discuss about reorg. He just can't go away without punishment, i don't believe he is innocent.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere

its obviously realistic he has to get something from the deal no?

If he really loses 750k btc he have no right to benefit from this deal, he should step away and leave the company so the new managment try to clean up the balance sheets.

WHat is in for him is not financial, it is peace. I think it worth a lot more that millions of dollars and the fear of murder at every corner.

He also has a stash somewhere of course. I don't think the 700k but let's just say a very healthy retirement fund that he has been carefully building just like every other Bitcoiner tries to do.

He states on that irc talk that every btc he have is on gox.

http://www.wickedfire.com/shooting-shit/179038-my-conversation-mark-karpeles-mtgox-2.html#post2164682


It's a bit of a mute point to carry on but of course he has some somewhere. If you had been involved in Bitcoin for all that time, running the biggest exchange, making the most BTC, would you never have taken some off the exchange?

He is having trouble admitting clearly that everything is gone although it's clear that's what he is going to have to say. Of course he is not going to say "Some of my BTC is on Gox, and some is in my personal cold storage".

Anyway as I said its not such an important point (to me anyway). Whatever he says I'm sure he has something somewhere for himself. The big question is where is the Gox balance?
sr. member
Activity: 365
Merit: 250

its obviously realistic he has to get something from the deal no?

If he really loses 750k btc he have no right to benefit from this deal, he should step away and leave the company so the new managment try to clean up the balance sheets.

WHat is in for him is not financial, it is peace. I think it worth a lot more that millions of dollars and the fear of murder at every corner.

He also has a stash somewhere of course. I don't think the 700k but let's just say a very healthy retirement fund that he has been carefully building just like every other Bitcoiner tries to do.

He states on that irc talk that every btc he have is on gox.

http://www.wickedfire.com/shooting-shit/179038-my-conversation-mark-karpeles-mtgox-2.html#post2164682
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere

its obviously realistic he has to get something from the deal no?

If he really loses 750k btc he have no right to benefit from this deal, he should step away and leave the company so the new managment try to clean up the balance sheets.

WHat is in for him is not financial, it is peace. I think it worth a lot more that millions of dollars and the fear of murder at every corner.

He also has a stash somewhere of course. I don't think the 700k but let's just say a very healthy retirement fund that he has been carefully building just like every other Bitcoiner tries to do.
sr. member
Activity: 365
Merit: 250

its obviously realistic he has to get something from the deal no?

If he really loses 750k btc he have no right to benefit from this deal, he should step away and leave the company so the new managment try to clean up the balance sheets.

WHat is in for him is not financial, it is peace. I think it worth a lot more that millions of dollars and the fear of murder at every corner.
legendary
Activity: 1316
Merit: 1000

its obviously realistic he has to get something from the deal no?
sr. member
Activity: 365
Merit: 250
As long as Mark Karpeles is the CEO, there is no future for Gox.
So, why ask him to come back and repeat history once again in 2 years' time?
Just let the auditors go in and see how much money is left inside first.



You are right, I think this is only an option if he steps down and leave everything. It would be a honourable thing to do, but until now history has proven that the CEO never take the financial hit.
legendary
Activity: 952
Merit: 1005
--Signature Designs-- http://bit.ly/1Pjbx77
As long as Mark Karpeles is the CEO, there is no future for Gox.
So, why ask him to come back and repeat history once again in 2 years' time?
Just let the auditors go in and see how much money is left inside first.

sr. member
Activity: 365
Merit: 250
the best for HIM is still to take his money and leave, isn't it?

He have a wife, kid and a cat.

He have much to lose if he just runs. Japanese authorities are in the matter, he would face years of lawsuits and verbal abuse from angry customers, possible jail time if fraud is proven, there is a lot for him to gain by accepting a debt for equity swap, not financially, but at least he could move on with his life not fearing what could happen to his beloved ones.
hero member
Activity: 658
Merit: 500
That is all very good for debtors, but what's in it for Karpeles? There is not much incentives for him to carry on, the best for HIM is still to take his money and leave, isn't it?
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
Who is Daniel J. Kelman?
hero member
Activity: 728
Merit: 500
We are writing you this letter to inform you that we forgive you for the unfortunate demise of Mt Gox and we do not want to see you go to jail.

I don't think this sentence applies to many people who lost funds to the gross incompetence and potentially fraudulent behavior of Mark Karpeles and co.
sr. member
Activity: 365
Merit: 250
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