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Mt.Gox Saga Reaches Another Milestone, What Now?
11.10.2021
Earlier this year, Fortress Investment Group offered the creditors about 80% of their claim value, but the Civil Rehabilitation
Mt Gox Creditors Asked to Approve a Settlement Proposal Drafted by Coinlab
16.1.2021
On January 15, the public was made aware of a deal between the firm Coinlab Inc., the Mt Gox bankruptcy trustee, Nobuaki Kobayashi, alongside MGIFLP, a subsidiary of Fortress Investment Group. According to the proposal, Mt Gox creditors will be able to claim as much as 90% of the bitcoin held...
Major Fintech and Blockchain Backer SoftBank Expected to Lose $12.5 Billion
14.4.2020
A company founded by a Bitcoin investor is expected to lose $12.5 billion during this fiscal year
Investor Fortress Raises Buyout Offer for Mt. Gox Creditor Claims By 71%
20.2.2020
Fortress is now offering creditors a "premium price tier" of $1,300 on every bitcoin held by the defunct exchange's estate
Fortress Investment Group Renews Bid to Buy Mt. Gox Creditors’ Claims
20.12.2019
Private equity and hedge fund manager Fortress Investment Group is redoubling its efforts to buy up claims from creditors of the hacked Bitcoin exchange Mt. Gox