Mt Gox has published an announcement that its civil rehabilitation and bankruptcy trustee, Nobuaki Kobayashi, has liquidated 25,331 BCH and 24,658 BTC. The trustee is now working on “the preparation of a rehabilitation plan” to repay monetary claims against the defunct exchange. Also Read: Bitcoin Enters the Scrabble Lexicon Mt Gox Publishes Update on Bankruptcy Proceedings The […]
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On April 4, 2018, the notorious former CEO of the now defunct bitcoin exchange Mt Gox started an Ask-Me-Anything (AMA) post on the Reddit forum /r/bitcoin. Mark Karpeles (AKA Magical Tux) explained that he’s willing to answer questions concerning the controversial bankruptcy process that’s taking place in Japan within the Tokyo court system. Karpeles writes […]
The Moscow bankruptcy court has ruled that cryptocurrencies of a bankrupt debtor will not be seized to pay his creditors. The trustee for the case has failed to convince the judge to include the debtor’s cryptocurrencies in the bankruptcy estate. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Court Rejects Crypto in Bankruptcy […]