Post
Topic
Board Securities
Re: [Weexchange issue] The fall of Ukyo III - Updates and references
by
SebastianJu
on 23/03/2014, 19:15:30 UTC
Wow... so even bankruptcy isn't a hint for you to know that you lost? Im astonished. Lets see if it works better than the numerous other lost business where the owner claimed he will pay everything back somehow.

I'm not overly optimistic about MtGox and stopped using them long ago but bankruptcy protection isn't the same as bankruptcy.

If they really have found 200kBTC, I believe many will look at their books and if the numbers published the last weeks are right, there should be enough liquidity to restart the business and some will make a purchase offer... Which means they'll inherit all the MtGox debts, BTC and fiat.

Yeah... getting one fourth of the coins back is something at least. More than with other crashs. Though i wonder if really something will buy all these debts and work as MtGox from then. Firstly the name has a bad tone now. And secondly... the user funds were lost. Thats way way more mtgox can earn themself. So it will take a long time until these debts would be worked up. I cant imagine something would want to start an exchange with such a big problem bound to it. It would way easier to start a new one simply.