Two weeks late, but I don't think this has been posted yet (sorry in advance if it has)
The MtGox Rehabilitation Plan has been filed
I realize that it's still a long time before any of those coins (~146,000) will be distributed to their righteous owners, but this is the furthest process we've made in 6 years.
I guess the next step is Court Approval.
The MtGox Rehabilitation Plan has been filed
Quote
[English Translation for Reference Purpose Only]
On December 15, 2020, the Rehabilitation Trustee filed a draft rehabilitation plan. The Tokyo District Court and an examiner will review the draft rehabilitation plan and determine whether to proceed with the rehabilitation proceedings relevant to the draft rehabilitation plan.
The Rehabilitation Trustee plans to explain the draft rehabilitation plan to the relevant parties in a timely and appropriate manner.
December 15, 2020
To whom it may concern:
Rehabilitation Debtor: MTGOX Co., Ltd.
Rehabilitation Trustee: Nobuaki Kobayashi, Attorney-at-law
Announcement of Filing of Draft Rehabilitation Plan
Rehabilitation Trustee: Nobuaki Kobayashi, Attorney-at-law
Announcement of Filing of Draft Rehabilitation Plan
On December 15, 2020, the Rehabilitation Trustee filed a draft rehabilitation plan. The Tokyo District Court and an examiner will review the draft rehabilitation plan and determine whether to proceed with the rehabilitation proceedings relevant to the draft rehabilitation plan.
The Rehabilitation Trustee plans to explain the draft rehabilitation plan to the relevant parties in a timely and appropriate manner.
[End of document]
I realize that it's still a long time before any of those coins (~146,000) will be distributed to their righteous owners, but this is the furthest process we've made in 6 years.
I guess the next step is Court Approval.
Filed one day before the first new ATH in 3 years.....I think a lot of us who eventually get our coins back from the MtGox bankruptcy will continue to hold if it's still in a bull market.
Those who were inclined to sell instead of hold will likely have sold to Fortress Investments or one of the other large companies who've been buying up claims at a massive discount over the last couple of years.
I'm one of those. I've been offered numerous of times to sell my claim, but I haven't even been bothered to answer. I have no intention to sell any of those coins if/when I get them back. Remember that the Trustee holds a shitload of fiat too, that is supposed to be evenly distributed among the claimants. According to https://www.ozcoin.com.au/index.php 1 btc claim equals 0.18 btc PLUS $440.
... its a poll on the closing price not the high ...
