Mt. Gox Creditors to See Reimbursement Decision Within Days

2019-3-22 17:02

The Mt. Gox trustee has completed the process of reviewing claims, finally to reveal a scheme to reimburse those who held Bitcoin (BTC) on the Tokyo-based market.

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gox those scheme reveal reimburse bitcoin tokyo-based

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Mt. Gox

Mark Karpeles with user funds kept on Mt. Gox in a bid to obfuscate the losses. He was handed a 33-month suspended sentence, Bloomberg reports. The Tokyo District Court also found the Frenchman ‘not-guilty’ of embezzlement, after it decided he had committed those crimes without ill intent.

2019-3-15 13:36


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Mt. Gox’s largest trustee unloads another $230M worth of Bitcoin, and nobody knows why

The Mt. Gox saga keeps dragging on. The now defunct cryptocurrency exchange’s largest trustee, Nobuaki Kobayashi, has sold off another $230 million (26 billion yen) worth of Bitcoin. Kobayahsi – who is known as the “Tokyo Whale” in cryptocurrency circles – has been selling off the cryptocurrency since early March following the 10th creditors meeting, Bloomberg reports.

2018-9-25 16:09