Mt. Gox Announces Commencement of Bankruptcy Proceedings

Mt. Gox Announces Commencement of Bankruptcy Proceedings

A number of users once a part of the Mt. Gox exchange have reported received email message from Mt. Gox with an "Announcement of Commencement of Bankruptcy Proceedings." This aligns with an update dated 21 May posted on the Mt. Gox website, which sheds some light on some upcoming dates with regard to the liquidation process. For starters, November 28th, 2014 has been listed as the cut-off date for filing proof of bankruptcy claims. Separately, July 23rd, 2014 (1:30 PM local time) will mark the meeting for the reporting on the status of assets. That takes place at the Tokyo District....


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