Kraken Selected for MtGox Investigation
Kraken Bitcoin Exchange. Bitcoin exchange Kraken has been selected to aid in the investigation of missing Bitcoin following the heist at the Mt Gox exchange. Kraken will also be involved in the distribution of remaining assets to the creditors. This decision was arrived at after an extensive evaluation process where multiple companies were considered and vetted. Kraken stood out for several reasons, chief among them being its proven track record in managing its exchange. The company has demonstrated stability and reliability in customer support. It also possesses sufficient expertise to....
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Bitcoin exchange Kraken and the Tokyo District Court-assigned Trustee assigned to the MtGox creditors’ claims investigation have revealed that there is “significant progress” being made, in an update today. In an email communicated to CCN today, an update from Kraken and Tokyo District Court-assigned Trustee Nobuaki Kobayashi confirms that “significant progress” has been made into the investigation into claims from creditors of MtGox. Trustee Kobayashi stated: Although the investigation into MtGox claims is still ongoing, we have made significant progress for creditors. The Court-appointed....
Today the Bitcoin community was presented with great News. It seems that MTGox customers will now be able to claim their lost Bitcoin. An MTGox trustee has opened a two-way process for customers who lost their funds. MtgGox customers will be able to initiate this process either through Kraken or through claims.mtgox.com, a special MTGox platform created for this purpose only. The announcement suggests that customers can log-in into their Mt. Gox account at claims.mtgox.com to make this claim, or they can attempt to claim via Kraken. Tthe Kraken exchange was last year selected by Mt. Gox’s....
Up and coming cryptocurrency exchange Kraken had some interesting news to deliver on Tuesday, noting that they have been chosen to help out in the liquidation and investigation of Mt. Gox, a Japanese bitcoin exchange that collapsed in spectacular fashion early this year (leading to the loss of hundreds of millions of dollars belonging to investors). On the Kraken blog, it was noted that the San Francisco-based exchange was chosen out of a number of exchanges, calling the process "extensive" and noting that they've been "thoroughly vetted." The exchange says the reasons they were selected....
So, I have spent the last few days at the Kraken headquarters in San Francisco with the legendary Jesse Powell, who I interviewed for the Bitcoin Knowledge Podcast, and the rest of the team and there is some very exciting news about the $500m MtGox bankruptcy. We discussed some of the logistics during the interview but there is even more actionable stuff, as discussed in the trustee letter, you can do today to claim your money! Kraken Now Accepts MtGox Creditor Claims Through Website, Offers Free Trades. SAN FRANCISCO, CALIF. - APRIL 21, 2015 - Kraken, a San Francisco-based Bitcoin....
It turns out the protesters may have had a real reason to camp outside of MtGox. A variety of sources are starting to report on the state of MtGox's insolvency. CCN's Caleb Chen started to report on today's crisis at MtGox earlier today. Here's what we know so far: It started with this docment leaked by Two Bit Idiot. The document claims to be a contingency plan in the face of MtGox's current outstanding liabilities. Coinbase, Kraken, Circle, and others are releasing a joint statement MtGox's insolvency. Someone has decided to purchase gox.com. It's important to remember that three letter....