We will not be impacted if Mt Gox creditors attempt to collect fair value of their Bitcoin keys

About 1000 Mt Gox creditors (Users of Mt Gox exchange now in bankruptcy court) are planning to auction off private keys for BTC (worth more than half a billion dollars) such that buyers of these keys can claim forked coins of various Bitcoin forks. Obviously, these users will immediately sell these fork coins. This massively devalues Bitcoin forks, except our coin

Our claims processing deadline was 12/31/2018 and limited to non-US users. Therefore, these Mt Gox creditors cannot claim BCRM coins.

The trustee (acting in the interests of these creditors in this legal matter) correctly states,

We note that the volume of each of these coins held by the Trustee, in almost all cases, is significantly higher than the global daily traded volumes of these currencies, therefore we are concerned that any attempt by the Trustee to sell them en masse on the open market would result in a downward movement of the value and also not be in the creditors interests."

You can read more here

We confirm that:

Whether these Mt Gox creditors resort to claiming fork coins directly or auction off their Bitcoin private keys in the open market, Bitcoin RM will not be impacted, whereas other Bitcoin forks will be impacted due to massive dilution. We have no plans to extend our claims deadline and we made this very clear in the past Grin

Eligible Mt Gox creditors could have easily filed a claim for BCRM coins before the deadline of 12/31/2018, because our claims process does not require importing or revealing Bitcoin private keys