Quote from: yayayo on August 08, 2016, 11:47:01 AM

It will be interesting to see, if this recovery plan will work out. After all, it is an offer. Given the circumstances I would also say it is a pretty good offer. At least it is much better than having another Mt.Gox-style bankruptcy.

It's better than another Mt.Gox-style bankruptcy for the customers, and the Bitfinex owners if Chinese prisons are as rough as Japanese prisons. Have you seen how much weight Karpeles has lost in a Japanese prison? He went in a fat blob and came out like a matchstick man.

If the same fate awaits the Bitfinex owners if they are jailed, then avoiding it through this recovery plan is the best deal they could hope for.