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Topic: Why a hedge fund not to corner Gox to gain for arbitrage? (Read 800 times)

hero member
Activity: 868
Merit: 1000
imagine a hedge fund buy tons of coins (i.e $20m worth) in other exchanges, ship to dump in Gox to arbitrage, then hire a team of legal counsels down in Japan to ensure they can collect fiat back within one month or two; this should still be a relatively safe strategy to take 15% plus gain despite labour some and maybe one off. is there any activist hedgee looking at this?

Has anyone confirmed that Japanese bank accounts are/are not receiving the same stone walling on deposits?

According to this thread (https://bitcointalksearch.org/topic/mtgox-yen-withdrawal-thread-for-japan-residents-428242), the JPY withdrawal is working pretty good.
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino
Monthly withdrawal is limited to 500,000 USD.
newbie
Activity: 23
Merit: 0
imagine a hedge fund buy tons of coins (i.e $20m worth) in other exchanges, ship to dump in Gox to arbitrage, then hire a team of legal counsels down in Japan to ensure they can collect fiat back within one month or two; this should still be a relatively safe strategy to take 15% plus gain despite labour some and maybe one off. is there any activist hedgee looking at this?

Has anyone confirmed that Japanese bank accounts are/are not receiving the same stone walling on deposits?
newbie
Activity: 42
Merit: 0
 lol wut?
newbie
Activity: 56
Merit: 0
imagine a hedge fund buy tons of coins (i.e $20m worth) in other exchanges, ship to dump in Gox to arbitrage, then hire a team of legal counsels down in Japan to ensure they can collect fiat back within one month or two; this should still be a relatively safe strategy to take 15% plus gain despite labour some and maybe one off. is there any activist hedgee looking at this?

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