Quote from: bitjoin on November 13, 2017, 03:56:25 PM

Quote from: WolfofBitcoin on November 13, 2017, 03:53:52 PM

Aren't the assets of Mt Gox more valuable than the liabilities? As it sat in bankruptcy court, it actually became solvent and very valuable!?

They were solvent at like $2.5k bitcoin price. We've had BCH and BTG and Byteballs and extra price of regular bitcoin. Mtgox has so much money the creditors are now fighting that they get it all and rightly so.

I have read the news about the latest development in the Mt.Gox case. We are all wishing that people who got their money stuck in there can get it as soon as possible since it turned out that the assets available can cover the liabilities due to the rise of the cryptocurrency value as years passed by. I am seeing a good settlement on this matter in matter of months if the court or those who are in charged can make things done fast as it should really be. It is just ironic that Mt.Gox was based in Japan and became one of the most important instrument for the spread of Bitcoin and now we are seeing Japan leading the Bitcoin market with open arms.