Post
Topic
Board Exchanges
Re: Creditors voting on MTGOX Draft Rehabilitation Plan
by
cesmak
on 14/06/2021, 11:00:59 UTC
In short the rehabilitation plan will provide following payments:
- cash holders: 100% of their assets back + 6% interest per year.
- BTC holders: around 15% back in the form of money or BTC+BCH

In the last bull run they already sold enough BTC+BCH to do the cash payments.
The cash holders 100% repayment ability due to the high BTC/BCH exchange rate was the reason the rehabilitation process was even possible.
The payments will be done in several steps.

All other coins are lost (BSV, BCHA, BTG, BTA, ...)

All right what you wrote, but not 100%, as all other coins where all converted to fiat (yen) and so have a yen value, but you can't ask for a refund in this denominations, you will have the possiblity to ask only back, fiat or BTC/BCH, but the yen value of all the other coins exists so are not lost in term of value all values where frozen when the reabilitation plan started (exchanges rate) and are different from the first exchange rates used on the first part of the plan before becoming a reabilitation one.

Cheers