TOKYO (AP) — Bankruptcy proceedings have begun for Mt. Gox, a move that was widely expected after the Tokyo District Court decided earlier this month that the bitcoin exchange would not be able to resurrect itself. An administrator will try to sell the company's assets, but many creditors, including those who had bitcoins with the exchange, might not get their money back. After Mt.Read more on NewsOK.com
Tokyo Court Starts Mt. Gox Bankruptcy Proceedings
NewsOK.com RSS - business, Daily Oklahoman: Business
Thu, 04/24/2014 - 2:33am
BING NEWS:
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The potential release of Mt. Gox Bitcoin could put negative pressure on BTC over the next month, K33 Research analysts warn.
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Some creditors of the Mt. Gox crypto exchange said they received updates on their claims, indicating the officials winding up the platform are stepping up efforts to return a $9 billion Bitcoin hoard.
04/22/2024 - 4:18 pm | View Link - Mt. Gox trustee updates Bitcoin and fiat repayment timetable
Mt. Gox creditors have found their accounts updated with data about Bitcoin, Bitcoin Cash and fiat repayment, with many suggesting that crypto repayments are coming soon.
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