Post
Topic
Board Exchanges
Re: Mt. Gox Settlement Offer
by
freedomno1
on 14/05/2017, 04:30:30 UTC
What happens if at the time of distribution, bitcoin price will be about 3000$ (could reach 4000$ at the end of this year)?
Will the creditors get ~150% of their approved claims, or will they get only 100% and Kobayashi will keep what's over 100%?
MtGox may become solvent and claims could be closed.

A legal set of arguments trying to determine if the coins should be pro-rata or not and a fun set of legal cases on if the returns are done in Fiat and what happens to remaining coins after the suit claim period expires.