Quote from: ImI on February 26, 2014, 03:56:28 PM

Quote from: jwest411 on February 26, 2014, 03:50:45 PM

I am a verified customer and I have about 20 btc trapped in mtgox. I tried to withdraw as soon as I found out about btc delays. I wasn't really planning on pursuing any of legal action until I saw that shit has really hit the fan. Now that it has, does anyone have any advice of where to start in the long journey to possibly getting my coins back/punishing mtgox for this injustice?

From what I understand, if Mtgox closes for a month and covers its liabilities through all of the measures outlined in that document, there is a chance that some of us with get our money back? What are the chances of that actually happening?

there is only ONE chance left:

that some financial bidder is interested in acquiring gox and helps to pay some of those debt.

any acquirer of gox would be legally bound to take on ALL the debt. not just a portion of it. If the company is so much in the quagmire that those debts are unsaleable, either current gox, or future gox would be forced into administration, and could write-off/CVA a lot of the debt. this would be the worst case scenario.

Quote from: ImI on February 26, 2014, 03:56:28 PM

there is NO chance imo from suing Gox. why? cause they simply have no funds anymore. even if you win (what you do most likely) there wont be any assets.

There is every chance. sorry. having the funds or not having the funds is irrelivent. If gox are sued and a court awards damages, those damages will have to be paid, even if it means Mark K's mummy selling her condo/yacht/theme park on the moon.

Quote from: ImI on February 26, 2014, 03:56:28 PM

even worse i could see that suing gox could possibly be contraproductive in terms of some external bidder who is willing to help.

No. it needs pointing out that just taking peoples funds is not acceptable and a lawsuit should be filed (last week)