Trustee Opens Formal Claims Process for Mt Gox Customers

Trustee Opens Formal Claims Process for Mt Gox Customers

Mt Gox customers can now formally make a claim against the defunct exchange, with the potential to receive their payout in bitcoin. The process is being overseen by exchange Kraken, appointed to assist Mt Gox's bankruptcy trustee Nobuaki Kobayashi last November. According to instructions posted on the Mt Gox homepage, account holders have until 29th May (Japan time) to fill out forms directly from the site, or open an account with Kraken and begin from there. The online claims process is available as the large majority of Mt Gox's 100,000 creditors live outside Japan, enabling them to....


Related News

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 Customers to receive Bankruptcy Distributions in Bitcoin

Mt Gox customers can now receive bankruptcy distributions in Bitcoin, among several other benefits by becoming a user of the cryptocurrency exchange Kraken. According to the San Francisco-based Bitcoin exchange's official blog post, Kraken has begun the process of accepting Mt Gox creditor claims and is offering up to $1 million in free trade volume per creditor as a bonus for claiming funds through Kraken. With the support of Kraken, the Mt Gox's trustee has been able to create a system which will enable customers to file bankruptcy claims and receive compensation via a smooth and simple....

MTGox Customers Will Be Able to Retrieve Their Funds

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....

Trustee Extends Online Deadline for Mt Gox Claimants

Customers affected by Mt Gox's insolvency have been given more time to file their online bankruptcy claims. The claim process was previously due to close at the end of May. However, a document from bankruptcy trustee Nobuaki Kobayashi, released on the former exchange's webpage today, indicated the deadline has now been extended until 12pm on 29th July (Japan time). Past this new date, affected users will only be able to view their existing bankruptcy claims online or transfer these to somebody else. "Nearer the time of distribution, the bankruptcy trustee is planning to give users an....

Mt Gox Trustee Wishes to Proceed to the Bankruptcy Distribution Process

The latest Mt Gox creditors’ meeting trustee has revealed payment claims for customers have all been approved or rejected, but the bankruptcy investigation is still ongoing. Mt Gox Trustee Details Mt Gox Investigation Continues While Claims Are Being Processed. During the 8th Mt Gox creditors’ meeting, the Tokyo District Courts’ bankruptcy trustee....