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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
‘Request for Exhumation’: QuadrigaCX Creditors Ask for Proof That Cotten Is Dead
13.12.2019
Creditors of QuadrigaCX have asked the Royal Canadian Mounted Police to exhume and conduct an autopsy of the failed exchange’s founder, Gerald Cotten
Fortress Will Buy Mt Gox Creditors’ Claims for $900 Per Bitcoin Owed
8.7.2019
Former Mt Gox customers can recoup $900 per bitcoin owed by selling their claims to Fortress Investment Group
Cryptopia Suits Gather Steam as Another Failed Exchange Is Bound for Court
2.6.2019
When cryptocurrency exchanges fail, a seismic shock shudders through the cryptosphere. With thousands of users, from traders to companies, left out of pocket, litigation is inevitable in a bid to claw back some of the losses. Cryptopia is the latest in a long line of exchanges to face a litany...
Liquidators of Hacked Cryptopia Exchange Release Report, Note $4.2M Owed to Creditors
31.5.2019
Liquidators of now-defunct New Zealand crypto exchange Cryptopia have released the first report on the state of affairs of the firm
Collapsed Crypto Exchange Cryptopia Owes Creditors $2.7 Million: Liquidators
31.5.2019
The liquidators of hacked New Zealand crypto exchange Cryptopia say it owes over $2.7 million to creditors, while user losses are still unknown