Mt.Gox Bitcoin Distribution Drags On as CoinLab Wants $15 ...

Coinlab Bringing Bitcoin to Wall Street with MtGox Deal

Coinlab Bringing Bitcoin to Wall Street with MtGox Deal submitted by HostFat to Bitcoin [link] [comments]

Bitcoin's biggest lawsuit. CoinLab v MtGox

Bitcoin's biggest lawsuit. CoinLab v MtGox submitted by BTC_repentance to Bitcoin [link] [comments]

Bitcoin Foundation: Official Statement on CoinLab vs MtGox Disagreement

Bitcoin Foundation: Official Statement on CoinLab vs MtGox Disagreement submitted by smeggletoot to Bitcoin [link] [comments]

Coinlab Bringing Bitcoin to Wall Street with MtGox Deal

submitted by BitcoinMagazine to Economics [link] [comments]

Coinlab Sues MtGox | Bitcoin Magazine

Coinlab Sues MtGox | Bitcoin Magazine submitted by Bitcoin_Magazine to Bitcoin [link] [comments]

Coinlab Bringing Bitcoin to Wall Street with MtGox Deal

Coinlab Bringing Bitcoin to Wall Street with MtGox Deal submitted by BitcoinMagazine to economy [link] [comments]

Coinlab Bringing Bitcoin to Wall Street with MtGox Deal

Coinlab Bringing Bitcoin to Wall Street with MtGox Deal submitted by BitcoinMagazine to Libertarian [link] [comments]

Coinlab v. MtGox: Coinlab Replies to MtGox’s Counterclaims - Bitcoin Forum - The Unofficial Bitcoin Forum

submitted by bitcoinforum to Bitcoinforum [link] [comments]

Coinlab Bringing Bitcoin to Wall Street with MtGox Deal

Coinlab Bringing Bitcoin to Wall Street with MtGox Deal submitted by d3sperad0 to countermine [link] [comments]

Bitcoin 2013 attendees, where there any talks about CoinLab and MtGox?

submitted by good_human to Bitcoin [link] [comments]

Bitcoin Weekly 2013 May 8: CoinLab vs MtGox Lawsuit, Coinbase $5M Investment Funding, Bitbox and Crypto.st New Exchanges

Bitcoin Weekly 2013 May 8: CoinLab vs MtGox Lawsuit, Coinbase $5M Investment Funding, Bitbox and Crypto.st New Exchanges submitted by IWillNotBiteYourDog to Bitcoin [link] [comments]

bitcoinmagazine.com: Coinlab Bringing Bitcoin to Wall Street with MtGox Deal - Bitcoin Forum - The Unofficial Bitcoin Forum

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Bitcoin's biggest lawsuit: CoinLab vs MtGox - Bitcoin Forum

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WTF is coinlab?

I keep reading about coinlab being the reason why after so many years since MtGox went under I have still not received what I am owed. Can anyone tell me what the fuck is going on? Coinlab does not even seem to have any function other than this apparent legal claim they have against MtGox?
What exactly is their legal claim based on? I am finding it hard to think of them as anything other than a bullshit con that is used as the "excuse" for me getting compensated for what I have invested in bitcoin at what I believed to be the largest crypto exchange at that time. What does coinlab as a company actually do other than having this apparent legal claim against MtGox?
submitted by TurboTokoloshe to mtgoxinsolvency [link] [comments]

Good value? Claim buy out offer I received

Someone has just offered to buy my claim, which is approx. 140 BTC.
They offered me 11 BTC and 11 BTC.
Is that good value for money?
I'm not really sure what I can hope for through liquidation, though I know the liquidator sold lots of the holding at the $10k mark.
submitted by maximodo to mtgoxinsolvency [link] [comments]

March 20th 2019 Creditors Meeting Q&A

As usual the documents distributed during the creditors meeting are available from the MtGox.com website.
Meeting started at 13:30, Q&A at 14:02. Next creditors meeting will be held October 1st 2019 at 13:30.
Apart from what is written on the report, the trustee mentioned that large claims in assessment could make it difficult for civil rehabilitation to continue moving forward, and also mentions that seeing how bitcoin price dropped it might be better to sell. He asked people in the room at the end who was for selling BTC (0% responded "for", ~20% responded "against") but mentioned he wouldn't be bound by this and would act in the interest of creditors with approval of the court.
submitted by MagicalTux to mtgoxinsolvency [link] [comments]

Plz Vote: Mr. Kobayashi we the Mt.Gox Creditors demand you to take immediate actions.

  1. Publish the total amount of JPY and BTCs that are being claimed or challenged in current pending court cases.
  2. File a petition with the court to allow you to move this amount into a separate reserved account as a cover for future court decisions.
  3. At the same time also file a petition with the court to allow you to move the rest of the fiat and btc to a creditor distribution account and start the distribution process ASAP.
  4. Ensure fair (i.e. equal percentage of loss) payout calculations among ALL creditors - fiat, btc, big or small.
  5. Repeat the above after the legal settlement of each impending case to ensure timely returns of the remaining fund (in the reserved account) back to creditors.
As a group of creditors deeply impacted by this bankruptcy case we've been funding the investigation and the settlement effort for years. At this junction we do not see any merit or in any party's interest for you to NOT take the above actions to move forward the process sooner than later. Thank you in advance for your sincere consideration and timely execution of our requests.
Mt.Gox Creditors, Let's leave this post out here for a month to gather more feedback from our fellow goxxed members. I hope we can UNIFY our voices by the end of June if we could, as we really ought to consolidate our petition into ONE if there is any chance for us to make anything happen sooner. Sometimes in early July (perhaps 7/4?) We shall ALL send the SAME request to Mr. Kobayashi via all possible means (snail mail, email, fax or whatever we know) to get his attention and consideration of our collective petition. Meanwhile if you can help to find more ways to reach out to the trustee please share with us.
“We are stronger together than we are alone.” ― Walter Payton
submitted by deniesjoyson8 to mtgoxinsolvency [link] [comments]

CoinLab sues MtGox

CoinLab sues MtGox submitted by searchfortruth to Bitcoin [link] [comments]

Mtgox now has 99% asset value to cover claims.

Bitcoin Value
202,185.36428254btc x $1884 = $380,917,226
Other Asset Value
1,681,125,559 JPY = $14,726,962
Total Asset Value
$380,917,226 + $14,726,962 = $395,644,188
Total Accepted Claims Value
45,609,593,503 JPY = $399,548,249 JPY
100/399,548,249 x 395,644,188 = 99%
Mtgox now holds value to cover 99% of claims.
So, do you guys actually want your money back or what? Because now is the time to start shouting. Mtgox is no longer bankrupt and in theory from this moment onward we could get our money back. It requires that payments are made out in mostly btc and it requires that Mtgox comes out of bankruptcy.
We need to work together to make this happen and we may not have much time to do this.
We will need to hire a lawyer in Japan to speed things along. Maybe we can crowdfund this together. We need to have contact with the trustee to get him onboard, but we need to keep in mind that his paycheck for the next few years would have been coming out of this bankruptcy and he has an interest in making this go on as long as possible.
Mark, you need to start providing with information on how we can move forward with this. You have more influence and knowledge of the situation than any of us here and you need to do right by us. I have been asking you to do this for a while now and you have been very dismissive of the fact that the price was increasing and that we would soon have a non-brankrupt mtgox. Well here we are. It's your time to shine.
If anyone has any information or suggestions on how we can make this happen then please post in this thread. This includes the hedge funds that have been buying large claims. You guys have a chance at making over a 5 fold win in less than a year if you bring Mtgox out of bankrupcy.
Let's do this!
submitted by singularity87 to mtgoxinsolvency [link] [comments]

Re: inquiries about MtGox disbursements and proposed revival

Here’s why we’re in this situation.
The trustee forced the user-victims to give, without compensation, a free call option to the Gox shareholders to buy 200k BTC at $2500 at any time prior to the distribution. Thus, a perverse incentive to delay distributions was born. The result:
What can be done? (in theory)
With regard to the proposal to revive MtGox, I just don’t see the ROI for an investor to take this on. It’s a massive and extremely difficult undertaking with a highly improbable outcome. Why shouldn’t the investor just hodl and chill, or buy a fully functioning, profitable exchange without a massive brand problem? Why shouldn’t Kraken just dump $245m in to marketing instead? And, why would it be necessary if the shareholders would just commit to donating their gains to the victims?
The trustee has already said that fiat payouts will be optionally payable to Kraken accounts, and that if bitcoin payouts are approved by the court, they will be payable only to Kraken accounts. If any of the Gox shareholders end up with an unexpected windfall that they wish to distribute to the user-victims, Kraken would happily facilitate. Kraken already has most of the accounts as a result of our facilitation of claims collection, the $1m worth of free trading each claimant received, and our providing support to victims and trustee over the last 4 years. People are not sitting on the sidelines waiting for a MtGox revival – they’ve been off trading elsewhere and you’d have a hard sell bringing them back. IMO, it's a pipe dream.
I'm glad to see the formation of mtgoxlegal.com and hope that together the creditors can drive some progress toward the only morally acceptable outcome, which is that the user-victims receive 100% of whatever remains after bankruptcy fees.
submitted by jespow to mtgoxinsolvency [link] [comments]

[Daily Discussion] Monday, February 24, 2014

Welcome to the /BitcoinMarkets daily discussion thread!
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Whistleblower Threatens to Expose Corruption at Bitcoin Foundation

Whistleblower Threatens to Expose Corruption at Bitcoin Foundation submitted by Cygnify to Bitcoin [link] [comments]

Mt. Gox to Blame for the Recent Bitcoin CRASH?!? Is $1,800 the Next Target? Facebook Blockchain Bitcoin Report Volume 46 (Coinlab vs Gox) Peter Vessenes: The Cause Of MtGox 202k Bitcoin Payout Delay Bitcoin Billionaire Brock Pierce Reviving Mt. Gox; Giving Away $1 Billion by Charity DAO [Interview] Mt.Gox Back in the News, Coinlab, and Is This a Sane Environment to do Business?

Mt. Gox, called "Mount Gox" or simply "Gox", was the most widely used bitcoin currency exchange market from shortly after its inception in 2010 to its insolvency late 2013. The market was closed February 25, 2014 and has since filed for bankruptcy protection in Japan and the United States, after losing 640 thousand bitcoins.. A registrant on Mt. Gox had at least two sub-accounts: one for ... Mt. Gox, genannt "Mount Gox" oder einfach "Gox", war der am häufigsten verwendete Bitcoin-Devisenmarkt von kurz nach seiner Gründung im Jahr 2010 bis zu seiner Insolvenz Ende 2013.Der Markt wurde am 25. Februar 2014 geschlossen und hat Insolvenzschutz angemeldet in Japan und den Vereinigten Staaten nach dem Verlust von 640.000 Bitcoins. The Japanese court has largely dismissed a claim by Peter Vessenes‘ company Coinlab for $16 billion, awarding instead just about $4 million.. The MT Gox trustee said in an update at the creditors meeting held on Tuesday: “On August 30, 2019, the Court issued its decision on the petition for claim assessment filed by CoinLab, Inc., under which JPY 384,857,605 and delay damages thereon were ... Basically, if you had bitcoin in MtGox you’ve already lost 80%+ of your money, and now CoinLab is doing their best to finish the job. In the original post, WizSec summarized the content of two documents: CoinLab’s civil rehabilitation claim assessment petition (March 6, 2019) and the response of the trustee (April 12, 2019). CoinLab’s monetary claim is below and taken from the original ... MtGox creditors already have no love for Vessenes, who has steadfastly refused to drop or lower this claim, which is now almost two and a half times as large as the sum total of all approved claims combined, despite the fact that the remaining assets in MtGox are customer funds.Basically, if you had bitcoin in MtGox you've already lost 80%+ of your money, and now CoinLab is doing their best to ...

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Mt. Gox to Blame for the Recent Bitcoin CRASH?!? Is $1,800 the Next Target? Facebook Blockchain

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... This video is unavailable. Watch Queue Queue. Watch Queue Queue Was Mt. Gox partially responsible for the recent #Bitcoin sell-off? Kraken acquires Crypto Facilities, Facebook x Chainspace, SEC solicitation notice, Coinba... In the second part of my series of interviews relating to Mt. Gox, I talk with Mark Karpelès, the CEO of the now bankrupt Bitcoin exchange. We discuss how he... Steve Wozniak interview: Blockchain technology, AI, Crypto, Bitcoin BTC Halving 2020 Wozniak Foundation 10,289 watching Live now Mark Karpelès on the Collapse of Mt. Gox - Duration: 1:36:04.

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