In a blog post, Karpeles completely dismissed the creditors by expressing his intentions to pay out the minimum amount possible and keeping the majority of the 202,000 Bitcoins.
Mt. Goxs bankruptcy should have been a rather boring and long process. Long, because there are many creditors (24,750 people submitted claims as Mt. Gox customers) and because some people are trying to get a part of the cake despite having been rejected by the trustee (CoinLab). Now, far from being boring, this bankruptcy is setting a new kind of precedent. Indeed, the assets held by Mt. Gox when it entered liquidation bankruptcy included some 202,000 BTC, which now have a worth at todays rate much higher than the sum of all non-erroneous claims filed against Mt. Gox, wrote Karpeles.
In addition to that, Karpeles introduced his plans to conduct an initial coin offering (ICO) to raise $245 mln to revive Mt. Gox. The plans of Karpeles are illogical and delusional to a certain extent, given that Korbit, one of the largest cryptocurrency exchange in the world, was recently acquired for $140 mln by $10 bln gaming giant Nexon.