MtGox: Deadline for Filing Bankruptcy Extended

MtGox: Deadline for Filing Bankruptcy Extended

The deadline for creditors to file claims against the bankrupt MtGox bitcoin exchange has been extended until July 29, 12:00 JST. On April 22, 2015, the bankruptcy trustee created a system that enabled MtGox users to file claims against the exchange regarding their lost funds. Currently, the bankruptcy trustee is accepting bankruptcy claims filed by users using the system, an online method which the trustee claims to be temporarily unavailable. The period for filing bankruptcy claims was set to end on May 29, 2015, but the bankruptcy trustee has been accepting filings of bankruptcy claims....


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Deadline for Filing MTGox Bankruptcy Claims Extended

On April 22, 2015, the MtGox bankruptcy trustee initiated a process enabling MTGox users to claim their lost funds. The trustee created a system that enabled users to file claims against MtGox in order to try and retrieve their lost funds. The deadline to file claims against the bankrupt bitcoin exchange was set to end on the 29th of May. However, this period has been extended until July 29. The bankruptcy trustee has been accepting filings of bankruptcy claims after the expiration date. The trustee decided that the deadline for filing bankruptcy claims using the online method would be....

Mt. Gox Users Given More Time to File Bankruptcy Claims Online

Mt. Gox Bankruptcy Trustee, Attorney Nobuaki Kobayashi, today announced to extend the deadline for Bitcoin exchange users to file their bankruptcy claims online. According to the updated details, Mt. Gox users can now file fresh claims by 12 pm on July 29, 2015 (Japan Time), as opposed to the previous deadline, which was May 29, 2015. The new update also allows users to make changes to their filed applications (for example, change in address, company name, etc.) However users cannot modify the amount that they had claimed during the first filing. Excerpt from the notice: "Nearer the time....

Formal Claims Process for Customers of Mt. Gox Begins

It's been a long time coming, but Mt. Gox customers who lost their funds can finally make claims against the exchange, which filed for bankruptcy in February of 2014. According to the Notice of Commencement of Filing of Bankruptcy Claims issued on April 22, 2015, by bankruptcy trustee Nobuaki Kobayashi, users can register their claims online under certain conditions or by mail. Customers can choose to file the Exchange-Related Bankruptcy Claim online form via the Kraken Bitcoin Exchange system or through the bankruptcy trustee's own system on the MtGox website. In order to file through....

Mt. Gox Bankruptcy Claim Deadline Extended

Those who lost money in the Mt. Gox implosion and would like to get some or all of it back have been given an extension to file their claim with the failed exchange's bankruptcy advocate. It is unclear what effect making a bankruptcy claim through the online method will have for customers who are seeking to recover funds. For one thing, the agreement on the "online portal" option prohibits users from seeking further legal action if they receive "any funds." If I/we choose to receive a distribution in cash by payment into an account at a financial institution, I/we will not make any claim,....

Creditor Extension Delays Mt. Gox Investigation by 6 Months

The Japanese bankruptcy trustee handling the Mt. Gox case has announced a six-month extension for creditors to register claims. Nobuaki Kobayashi's decision also means there will be an additional six months before any formal investigation into the bankrupt exchange is completed. An email sent to those with Mt. Gox accounts read: "On July 24, 2014, the Tokyo District Court 20th Civil Division issued an order to change the period for filing proofs of claims and the date for investigation of claims as follows (please refer to the attached file). Detailed information for the filing of proofs....