Kraken to Assist in Search for Missing Mt Gox Bitcoins

Kraken to Assist in Search for Missing Mt Gox Bitcoins

Kraken's Ayako Miyaguchi (left with mic), Jesse Powell (centre with mic), and Mt Gox bankruptcy trustee Nobuaki Kobayashi (right). Digital currency exchange Kraken announced today that it has been chosen to support the investigation of Mt Gox's missing bitcoins, manage the claims process and distribute the defunct company's remaining assets to creditors. The announcement was made at the second hearing for Mt Gox creditors held today at Tokyo's District Court. Speaking at a press conference following the hearing, Kraken CEO Jesse Powell said he was "very humbled for the opportunity to help....


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[I’ve been working on Bitcoin] since 2007. At some point I became convinced there was a way to do this without any trust required at all and couldn’t resist to keep thinking about it. Much more of the work was designing than coding. Fortunately, so far all the issues raised have been things I previously considered and planned for.

Satoshi Nakamoto, Bitcoin Developer