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....
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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....
On April 22, 2015, the MtGox bankruptcy trustee initiated a process enabling MTGox users to claim their lost funds. The trustee created a system that enabled users to file claims against MtGox in order to try and retrieve their lost funds. The deadline to file claims against the bankrupt bitcoin exchange was set to end on the 29th of May. However, this....
A years-old $75 million lawsuit against Mt Gox by U.S. company CoinLab is delaying payouts to creditors, the Japanese bankruptcy trustee revealed today. Back to Tokyo Bankruptcy Court. In the latest creditors’ meeting at Tokyo District Court, bankruptcy trustee Nobuaki Kobayashi confirmed the suit remains active. U.S. company CoinLab filed the suit in....
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....
The deadline for creditors to file claims against the bankrupt MtGox bitcoin exchange has been extended until July 29, 12:00 JST. On April 22, 2015, the bankruptcy trustee created a system that enabled MtGox users to file claims against the exchange regarding their lost funds. Currently, the bankruptcy trustee is accepting bankruptcy claims filed by users using the system, an online method which the trustee claims to be temporarily unavailable. The period for filing bankruptcy claims was set to end on May 29, 2015, but the bankruptcy trustee has been accepting filings of bankruptcy claims....