The Mt. Gox Post-Bankruptcy Claims: A Detailed Guide ...
Collapse of Mt. Gox - Bitcoin Wiki
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Bad possible scenario for Bitcoin. MT Gox exchange hacked 850,000 bitcoin gets returned to investors at current
Price Without adjusting to price at the time ($400 instead of $8,500 now) That bitcoin would now be $8 billion dollars worth. At current price. Not even estimating bitcoin rising to 100k before the case settles (will take years) if they cash out at a price of that sort bye bye bitcoin. To the people currently appealing this judgement: Y'all hella greedy. You should just get the 400$ bitcoin was worth at the time. Nothing more. The investors after had to invest, risk and revive the cryptocurrency without you guys. You got burned, it's a risk EVERYONE IS CRYPTO MAKES, but not at new investors expense. We don't have any guarantees by investing, and no government backing us up yet so why should you? Many of us have made many loses in crypto due to scams and have gotten nothing back. Be happy you're getting at least your initial investment. No more than $400 for you guys. Without us your bitcoin would be worth $0 and you'd have nothing to fight about. Period. ✌️ Be happy with that $400 dollars per bitcoin instead of getting bitcoin back, because we would all cash out way before you get to a computer. Because when the case was opened and MTGox filed for bankruptcy legally bitcoin was worth only $400. That's what they are owed at the time it was filed. When you don't get the item back you get the value worth at the time of The bankruptcy- that's what he company owes you. You are not entitled to future gains in the market. UPDATE: this also applies to people who had their Nano stolen at Bitgrail. New investors should be Leary of Nano if a case gets opened.
Mt. Gox took a devastating hit in the largest bitcoin hack to date. Hackers accessed and stole 740,000 bitcoin from Mt. Gox customers and 100,000 from the company itself, roughly the equivalent of $460 million at the time. The event quickly spiraled out of control and the company was bankrupt by the end of February 2014. The history of Bitcoin is still plagued by the Mt. Gox collapse. After allegedly losing several hundreds of millions of dollars in Bitcoin due to a hack, the exchange was forced to halt its services. A lot of people around the world have been affected by this debacle, and quite a few of them took the matter to court. Mt. Gox. Bitcoin Settlement Deadline Pushed to October 2020. The Tokyo District Court grants the Rehabilitation Trustee in the Mt. Gox case another extension for the submission of the reimbursement proposal. The Trustee, Nobuaki Kobayashi, filed for an extension motion on 30th June, 1 day before the submission date. The court has set 15th ... Bitcoin prices quoted by Mt. Gox dropped below 20% of the prices on other exchanges, reflecting the market's estimate of the unlikelihood of Mt. Gox ever paying their customers.   On 23 February, Karpelès resigned from the board of the Bitcoin Foundation ,  and all posts on the Mt. Gox Twitter account were removed.  2014-03-20: 当社保有ビットコインの残高に関するお知らせ / Announcement regarding the balance of Bitcoin held by the company; 2014-03-14: 米国連邦破産法第15章適用の申請に関するお知らせ / Announcement regarding the applicability of US Bankruptcy Code Chapter 15
Bitcoin Mt. Gox FLASH CRASH! Bitcoins at $0.01 Each - YouTube
Mt. Gox a name synonymous with crypto exchanges and the trouble that comes along with them, is once again back in the crypto news. The website https://www.go... Try TRADE HILL instead: http://www.tradehill.com/?r=TH-R1323 Price crashes from $17.5 to $0.01. That i not a typo. ONE CENT. Here is the official statement f... Kim Nilsson - Cracking MtGox Information on how mtgox got hacked from the breaking bitcoin meet up 2017 subscribe to TheBitcoinArmy youtube channel This is the best Mark Karpeles Mt. Gox Bitcoin Documentary 2019! #mtgox #markkarpeles #goxxed #bitcoin #documentary #bitcoindocumenatry Bet with your bitcoin completely anon! Double up today with ... The rise & crash and burn of Bitcoin exchange Mt.Gox Follow the story on http://www.digitaldojos.com Web links: Twitter: http://www.twitter.com/kidguru Conta...