Post
Topic
Board Service Discussion
Re: Unconfirmed tweet that MtGox lawyer making statement now.
by
jl2012
on 28/02/2014, 10:23:07 UTC
*DJ Mt. Gox Lawyer: Outstanding Debt Y6.5B
*DJ Mt. Gox Lawyer: Filed For Bankruptcy Protection
*DJ Mt. Gox Lawyer: Accepted By Tokyo District Court

So around $ 60 mln outstanding debt
Only $60mln?  The BS out of gox continues.

I have no doubt the actual filings will be made public by the media soon.  If they've lost access to their cold wallets - as some have theorised - that could explain why the nominal debt is only $60 million.  The cold wallets would still technically count as an asset.

I'm pretty surprised to learn that's only $60 million. In this case many people can bail it out. Just not sure how they calculate the value of bitcoin. I guess $130/BTC?