the Mt, The former Bitcoin exchange.Gox has made decisions. Therefore, former customers may post soon on compensation. Some questions remain still open.
By Phillip Horch
5. April 2019BTC$5.006,74 0.17%part Facebook Twitter LinkedIn xing mail
It was one of the first major cases that brought the aspiring and young Bitcoin community in turmoil: the (proverbial) in the case of the Japanese crypto-trading exchange Mt.Gox. The exchange, which was originally based on a trade of space for game cards, suddenly had to contend with heavy losses. The amount of 650,000 to 850,000 Bitcoin (BTC) were suddenly gone. The (alleged) reason: a Hack of the stock exchange.
In the course of which the company announced bankruptcy. That was already in the year 2014. In the meantime, considerable doubts as to the credibility of the story. The operator of the stock exchange, Mark Karpelès, was in strong suspicion, to have the Bitcoin embezzled. (Here’s the whole Story).
In August 2018, the company introduced a new System for the compensation test. Then the announcement:
We hereby announce our […] Online Rehabilitation Claim System on Mt.Gox’s Website, which users of Mt.Gox entitled to, among other things, to have their compensation claims […] check. We also start to accept compensation claims offline – for users who are not able to make their claims online via the System asserted.
As you can see from an official document of the former Bitcoin exchange, however, came in the Wake of its decisions. In this respect, the stock market hit now, apparently, decisions about possible refunds of a total of 24,000 debtors. The respective debtor had according to the same information now E-Mails via any of the benefits. How high are these payments now, even if they take place in cryptocurrencies, or Fiat, open the document sometimes.
Former operator of the Bitcoin exchange already in custody
As we reported, it also came in the Causa of Mark Karpelès, in the meantime, to make a decision. This was initially milder than thought. Instead of the expected penalty of a total of ten years, must Mark Karpelès stay a total of two years and six months behind the Swedish curtains of Tokyo. But only if he can come a little debt: The penalty is suspended. to Mt
More.Gox: acquisition plans by Brock Pierce
in the Meantime, there was a revival of rumors of the former trading place. Thus, the former Hollywood child star Brock Pierce has also announced that Mt.Gox by means of the Initial Coin Offering (ICO) to revive. How Karpelès, however, it was immediately fixed, should be damned for these plans to come to nothing. As for a possible Takeover, Pierce lacked the necessary permissions.
Update on 05.04: The penalty for Mark Karpelès is not suspended, he is, as first claimed, in prison. Thank you to the Community.
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