More / Bitcoin Reddit - 3 months ago
Been in BTC for yrs, Can't believe how predictable selloffs are, based on any fudd whatsoever which leads to huge selloffs & sudden drops MT GOx selling supposedly over a billion dollars in BTC(right around halvening) is not only bs,but an...
Cryptocoins News / Finance Magnates - 4 months ago
The creditors of the collapsed crypto exchange Mt. Gox woke up to a surprise as some had received the settlement proceeds twice. Now, the trustee is sending emails to such creditors asking for a refund for the excess amount.Mt. Gox Creditors Receive...
Bitcoin News / Bitcoinist - 4 months ago
Defunct crypto exchange, Mt Gox has found itself at the forefront of a technical and potentially legal dilemma after unintentionally distributing double payments to customers affected by its 2014 Bitcoin hack.
Bitcoin Refund Fiasco
After almost 10 y...
Cryptocoins News / Blockchain - 4 months ago
Mt. Gox, a former Bitcoin exchange, paid creditors twice during its settlement process, causing mixed reactions among creditors and underscoring the complexities of the decade-long aftermath. (Read More)
Bitcoin News / Bitcoinist - 4 months ago
Nine years after the infamous Mt. Gox collapse, creditors are finally receiving their first partial repayments in Japanese Yen. While the process is still in its early stages, the news signals a positive step forward for those who lost their Bitcoin...
More / Bitcoin Reddit - 4 months ago
https://www.financemagnates.com/cryptocurrency/mt-gox-creditors-start-to-receive-payments-after-10-years/ «X accounts tracking the developments of Mt. Gox revealed that the known addresses related to the trustee of the collapsed exchange held more th...
Cryptocoins News / Finance Magnates - 4 months ago
After a wait of ten long years, the creditors of the now-defunct crypto exchange Mt. Gox are receiving compensation. Several Mt. Gox creditors have taken to social media to confirm receiving payments for their blocked Bitcoin deposits in fiats.Commen...
Cryptocoins News / CoinJournal - 4 months ago
Mt. Gox creditors confirm Japanese Yen refunds via PayPal after a decade-long wait.
Mt. Gox’s 2014 collapse, losing 950,000 Bitcoins, triggered years of legal battles.
The extended repayment timeline could influence 2024 market dynamics.
Afte...
More / Bitcoin Reddit - 4 months ago
After 10 years of bullshit, it looks like the first cash payouts (in yen, via PayPal) happened today. Lots of happy posts over in https://www.reddit.com/r/mtgoxinsolvency/ submitted by /u/Aeolian_Harpy [link] [comments]
by COINS NEWS - 5 months ago
If anyone is interested in the story of MtGox and its spectacular implosion in 2014 losing almost half a billion dollars in bitcoin, my new book, Ultimate Catastrophe - How MtGox Lost Half a Billion Dollars and Nearly Killed Bitcoin, is out on Monday...
Bitcoin News / Bitcoinist - 5 months ago
Nearly a decade after its notorious collapse, Mt. Gox, once the titan of Bitcoin exchanges, is on the brink of initiating a repayment plan for its creditors. In a recent email, the exchange’s rehabilitation trustee, Nobuaki Kobayashi, conveyed the pl...
Cryptocoins News / The Cointelegraph - 5 months ago
The Mt. Gox trustee announced the redemption of $47 million in trust assets amid social media reports suggesting repayment to creditors could start in 2023. Creditors...
by COINS NEWS - 6 months ago
Now I'm not fully up to speed with the bankruptcy proceedings or who gets what, or if some people miss out totally, etc. But this was in 2014 it went bankrupt. AFAIK, they haven't got all of it back, but they got some . Payments are starting,...