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Thread: Mt Gox Creditors Want Bitcoin Exchange Taken Out of Bankruptcy

  1. #1

    Mt Gox Creditors Want Bitcoin Exchange Taken Out of Bankruptcy

    Mt Gox Creditors Want Bitcoin Exchange Taken Out of Bankruptcy
    https://www.coindesk.com/mt-gox-cred...en-bankruptcy/
    Under current Japanese bankruptcy law, if Gox maintains its current status, it will pay its creditors the amount they had invested in U.S. dollars in 2014. However, due to the rise in bitcoin's price, this means Gox – and by extension, majority shareholder Karpelès – could receive a multi-billion dollar windfall, according to Fortune.

    Creditors contend that Mt Gox's liabilities can be easily paid off with its existing bitcoins, even after returning what the creditors believe is owed to them due to its current price.
    I want my money.




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  3. #2
    Ya I gotta half a bitcoin sitting in there still..
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