Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
grifferz
on 20/02/2014, 12:06:09 UTC
oooh, this guys is very smart. renting in japan is expensive and requires huge down payments. also, you need to show your ability to pay (via solvency or a guarantor). that being said, unfortunately one must accept the possibility that its office space theyve had all along...


Well the new address they gave was a virtual office, and they have been using that address in the past, so it should be easy for them to swap regardless of their financial situation.

My guess is that the building management and other tenants of the multi-tenant office block that has a protest outside of it got upset and Tibanne thought it wise to no longer be there, though still paying rent. Meanwhile as you say, the previous (now current) address is merely a virtual office also with no one there.

So I do not believe that the move offers any reassurance with regard to Tibanne's solvency, in fact I think that:
  • Karpeles being asked point blank if he was solvent and him giving the answer that he was not permitted to discuss that
  • the obvious heightening of security stance (abandoning staffed office, using virtual office address)
indicates that Karpeles anticipates an almighty shitstorm coming, not any sort of good news.

Naturally this is all complete guesswork.