Quote from: poncho32 on May 29, 2016, 06:10:34 PM

Quote from: Hazir on May 28, 2016, 11:12:04 AM

Quote from: macsga on May 27, 2016, 10:57:57 AM

Kraken update:

http://blog.kraken.com/post/144960310242/kraken-announces-major-update-in-mtgox-claims

Another news regarding this case: http://www.theregister.co.uk/2016/05/25/kraken_mtgox_bankruptcy/

The operators of the Kraken exchange will distribute $91 millions in Bitcoins to people left out of pocket by the 2014 MtGox collapse.

That reassures me that the receiver won't dump the Bitcoins on exchanges or auction them. Liquidating assets and paying creditors back in fiat was standard procedure in all Japanese bankruptcy cases until this one. This is the first time assets get returned instead of fiat. Most of the creditors want Bitcoins and it's good news the receiver listened to them.

That's because they officially recognize BTC as money.
https://bitconnect.co/bitcoin-news/130/japan-officially-recognizes-bitcoin-and-digital-currencies-as-money/