Hello All,

I represent a small hedge fund in the US that has taken a position in the Mt. Gox bankruptcy being administered in Tokyo. As you all know, roughly 25k accounts (including mine, albeit a very small position, as I keep the majority of my personal holdings in cold storage) remain frozen as the court appointed trustee continues to go through the claims process and the other legal matters, chief among them, coinlab litigation.

Several months back we were approached by a Mt. Gox creditor who offered to sell his position to us for USD. I did not inquire to his motives, but I understood it was an illiquid non performing position. And frankly, I didn't care. I saw the chance to get my fund into a bitcoin play. We hired a law firm in Tokyo to engage Nobuaki Kobayashi, the Mt. Gox trustee, to help standardize the process. And we are now able to fund a cash out within 2-3 weeks of execution. The majority of the turnaround is spent waiting for a confirmation from Kobayashi's email, so in theory it could be much shorter. The transfer process is a little messier than in the States, but it offers greater transparency to offset what it loses in efficiency.

I don't pretend to know where the value of bitcoin will be 10, 5, 2 years or hell even two weeks from now. I weigh a five times fold increase roughly about the same as a complete collapse. I view the investment without bias. Bankruptcy cases have others costs as well, chief among them, administrative and legal fees. You have a fully equipped staff of expensive professionals that have been working on this case for three years and will continue to do so. Their salaries will be paid from the estate. Lastly this is a unique case in that the underlying assets are subject to massive fluctuations and in reality, have little intrinsic value.

With that said - If you want the liquidity, the hedge, the inverse of my bet, or if you want the cash to make a large bet on number 22 before the wheel spins. Please message me. I am willing to pay 25% of the converted JPY value. I can pay in US dollars. And we can escrow funds, if need be. I can also provide references.

I encourage any questions about the process or any debate in general. Happy to engage and negotiate. I am simply making a market. All I ask is that if you do not wish to sell or engage in a cordial debate, please refrain from launching into any profanity laced rant about vultures and scammers.