Outrage at Bitcoin Exchange Mt. Gox Expenses as Creditors Prepare to Fly to Japan

Outrage at Bitcoin Exchange Mt. Gox Expenses as Creditors Prepare to Fly to Japan

Mt. Gox creditors were outraged to learn from newly released court documents that Mt. Gox, once the largest bitcoin exchange and now in liquidation, paid, in May 2014, Tibanne, the parent company of Mt. Gox, $200,000 for services rendered. More shockingly, out of approximately $30 million Mt. Gox claimed on the 28th of February 2014 it still holds, only $7 million remain. It is not known what happened to these creditor's funds of $20 million while Mt. Gox was under the supervision of the Liquidator and the Japanese Court. If they have been spent, this translates to incredible expenses of....


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