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Mt Gox Claimants Have Until October to Vote on Trustee’s Rehabilitation Proposal
1.6.2021
Nobuaki Kobayashi, the trustee that’s overseeing the Mt Gox civil rehabilitation proceedings, has published a proposal so Mt Gox claimants can vote in order to get reimbursed. The voting process will end on October 8 and more than 50% of the votes will be needed to solidify the settlement...
Bitcoin Suisse's Profit, Temptation Of Mt. Gox Creditors, Brazil's BTC ETF + More News
19.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Crypto financial services firm Bitcoin Suisse AG expects revenues for the full-year 2020 to be in excess of CHF 45m (USD 48.4m)...
Creditors of Mt. Gox Bitcoin exchange to vote on draft refund plan
25.2.2021
Mt. Gox creditors will vote on a proposed draft compensation plan in October 2021
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...
Mt. Gox Creditors Can Claim 90% of Bitcoin Owed Under Pact Reached With CoinLab: Bloomberg
15.1.2021
The agreement is subject to creditor acceptance
New Online System at Mt. Gox May Be Used to Facilitate Bitcoin Refunds to Creditors, Says Trustee
8.1.2021
Mt. Gox’s trustee, Nobuaki Kobayashi, has asked creditors of the defunct crypto exchange to register on a new online system so that they might receive their refunds and be able to vote on the civil rehabilitation plan. ● In a statement released Jan. 7, Kobayashi said the registration...
Mt. Gox Trustee Submits Rehabilitation Plan — Creditors May Soon Be Repaid 150,000 Bitcoins
16.12.2020
Mt. Gox trustee Nobuaki Kobayashi has finally submitted a draft rehabilitation plan to a Japanese court — meaning former users of the long-defunct crypto exchange may now look forward to getting paid someday. Kobayashi, the Japanese bankruptcy lawyer appointed to oversee the repayment...
Mt Gox Creditors’ Wait Nearly Over as Trustee Announces Rehabilitation Plan
15.12.2020
Mt. Gox’s trustee Nobuaki Kobayashi has at last filed a draft plan for the rehabilitation of creditors including former users. See also: Mt. Gox Deadline Extended Again After Creditors Criticize Refund Proposal
Claims process begins for creditors of liquidated crypto exchange Cryptopia
9.12.2020
A claims process for Cryptopia creditors has started following a 2019 hack
Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claimants Want $171 Million Instead
7.11.2020
The trustee of the now-defunct crypto exchange, Quadriga CX says the sell-off of the platform’s assets raised $30 million. This contrasts with the $171 million in claims that has been filed with the trustee by Quadriga creditors. Consequently, Ernst and Young (EY), the accounting firm...
Gox Rising Offers $800 per Bitcoin Claim to Buy out Mt Gox Creditors
22.5.2020
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...
17,000 Creditors Hope to Recover Assets Lost to Defunct Exchange QuadrigaCX
13.5.2020
QuadrigaCX trustee Ernst & Young has received close to 17,000 proofs of claim from creditors, denominated in various fiat and cryptocurrencies
Mt. Gox Deadline Extended Again After Creditors Criticize Refund Proposal
31.3.2020
Mt. Gox's bankruptcy trustee is holding off on filing a civil rehabilitation plan to the Tokyo District Court after creditors took issue with it
Mt Gox Bitcoins: Trustee Plans to Distribute BTC and BCH, Liquidate Forks Into Cash
25.3.2020
On March 24, the Mt Gox creditors’ trustee from Tokyo, Nobuaki Kobayashi, disclosed a newly written rehabilitation plan for claimants looking to access some of the funds they lost in 2013. According to the new plan, Mt Gox claimants will get BTC and BCH assets alongside the possibility...
Mt. Gox Creditors to Meet Tomorrow As Reimbursement Process Inches Forward
24.3.2020
With creditors and investors still awaiting reimbursement, Mt. Gox creditors are due to meet for the fourth time tomorrow
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
Vulture Investor Is Looking to Buy QuadrigaCX Creditors’ Claims
8.1.2020
Argo Partners, a New York-based investment firm, wants to buy QuadrigaCX creditor claims, should there be sufficient interest
Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin
21.12.2019
According to reports, the New York-based private equity firm Fortress is offering Mt Gox creditor claims at $778 per coin. The offer is 13.5% lower than what Fortress offered in July and Mt Gox claimants have until December 31 to accept the offer. Also read: Reports Criticize Bitcoin SV Miners...
U.S. Firm Offers to Buy up Mt. Gox Creditors at Reduced Price - Report
20.12.2019
Mark Karpeles, the former CEO of Mt. Gox. U.S. private equity and hedge fund firm Fortress Investment Group is intensifying efforts to take over creditor claims from the defunct cryptocurrency exchange Mt. Gox. Earlier this month, the New York-based company sent letters to the exchange’s creditors...
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