Announcement of Commencement of Bankruptcy Proceedings:
https://www.mtgox.com/img/pdf/20140424_announce_qa_en.pdfQ. What is expected to happen under the bankruptcy proceedings?
A. The bankruptcy trustee will implement the bankruptcy proceedings, in which the assets of
the bankrupt entity will be managed and converted into cash, the investigation of the claims,
etc. will be conducted, and if funds for a distribution are secured, the liquidating distribution
will be made.
BTC will be sold for Cash, possibly via Auction or Tender, in lots.
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