Paul Wasensteiner, a Mt. Gox creditor, told CCN that creditors were not made aware that their claims were limited to a maximum value of $480 and that the bankruptcy would settle the proceedings based on the price of bitcoin three years ago. Creditors have expressed their concerns over the process of the Mt. Gox bankruptcy, and the possibility that Karpeles, who is directly responsible for the loss of $7 billion in funds, might take away $859 million from the $1.3 billion that has been recovered.
https://www.cryptocoinsnews.com/mark-karpeles-will-end-taking-859-million-mt-gox-bankruptcy/Gee, you would think the $859million could be returned to the people who are owed it, not Karpeles.
There's nothing new in this recently reported story, the
https://mtgoxlegal.com group has formed, raised funds and grew to around 500 people in size since the last creditors meeting.
There are ways to prevent an unfair distribution and we're working towards that right now.