Post
Topic
Board Speculation
Re: 200k Gox Coins in the Pipeline
by
Asrael999
on 24/04/2014, 14:58:36 UTC
a bitcoin or cash deposit is a company liability not a company asset

this is the grey area bit - it depends upon how Japanese law has defined bitcoin, and whether the customer accounts are treated as money or not - MT GOX is not a depositing taking institution, it could be argued that customers had lent their bitcoin and their USD as well to GOX - thus making them general creditors, and also whether those 200K bitcoin are part of the customer balance or part of MTGOX own BTC balance.