Post
Topic
Board Exchanges
Re: Kraken Accepting MtGox Bankruptcy Claims
by
WhatTheGox
on 09/07/2015, 13:05:43 UTC
Regardless of whether you are claiming through Kraken or the MtGox claims site, don't forget that the trustee has said they will accept claims up until May 29th Japan time.

When do you think we might start seeing some coin?  & for an even trickier question what % chance in your opinion would you put on us seeing anything back at all? (guess you cant speculate on that?)

The timeline for payouts depends on how long it takes the trustee to evaluate all the claims. This is bound to be a slow process and I wouldn't expect payouts for 3 more months at least.

I can't speculate on a % chance, but assuming the information given by the trustee is accurate, it seems claimants have a good chance to see a portion of their original funds returned. It's hard to say how much claimants might get back though.

Hopefully the trustee will issue an update sometime in the next month or so that will shed more light on things, but until then all we can do is wait. Hang in there everyone!     

Thanks for providing us with some details, lets hope things go to schedule from here on out.  If it turns out i get 20 25% or whatever back and bitcoin has gone to the moon it might turn out i could make ROI in dollar value, ha!