Post
Topic
Board Legal
Re: MTgox balance confirmation
by
Massimo80
on 19/03/2014, 14:31:25 UTC
So does that mean that they are not going to initiate any transfer?

They couldn't even if they wanted to, all their assets are currently frozen due to the bankruptcy protection filing.
Until their recovery plan is laid out and approved by whoever in Japan needs to approve it, they will not be able to touch a single yen or satoshi without breaking some law.
And if they can't come up with a plausible plan, then it will be full bankruptcy...