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Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox. The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the finalization of the ongoing civil litigation. “Our payment would be put in escrow and made […]
The post Gox Rising Offers $800 per Bitcoin Claim to Buy out Mt Gox Creditors appeared first on Bitcoin News.
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On Feb. 19, the former CEO of Mt. Gox, Mark Karpeles, gave an interview on the Youtube show “What Bitcoin Did”. In episode 76, Karpeles discussed the platform’s insolvency, Coinlab’s monstrous claim for $16 billion, and Brock Pierce’s attempt to revive the defunct exchange. Also read: Mt Gox Restitution Process Frozen Due to One Man’s […]
The post Mt. Gox CEO Claims the Coinlab and Brock Pierce Deals Never Materialized appeared first on Bitcoin News.
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This week the trustee in charge of the Mt Gox legal case has announced that corporate customers can now file rehabilitation claims for the October 22 deadline. The news follows the claim process that started for non-corporate customers on August 23. Also read: Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge Rules Corporate […]
The post Corporate Creditors Can Now File Claims for Mt Gox Restitution appeared first on Bitcoin News.
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Victims of the Mt. Gox hack can now file rehabilitation claims under a new procedure announced by the trustee of the exchange, Nobuaki Kobayashi. Currently, the system is available only to individual claimants. October 22, 2018 is the filing deadline set by the Tokyo District Court. Also read: Crypto Exchange Rents Pricey HK Offices, UAE […]
The post Mt. Gox Creditors Can File Rehabilitation Claims by October 22 appeared first on Bitcoin News.
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Mt. Gox, the defunct and disgraced bitcoin exchange (at one time the biggest in the world) is preparing a final chapter in a long, sorted ordeal. Creditors have coalesced around a repayment scheme to make victims whole. It includes what might amount to $1.3 billion in returned bitcoin cash (BCH) and bitcoin core (BTC) as early […]
The post Gox Creditors Agree to $1.3Bil Repayment in BCH, BTC, No Altcoins, by Summer 2019 appeared first on Bitcoin News.
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