Post
Topic
Board Bitcoin Discussion
Re: Mtgox News
by
itsAj
on 24/08/2014, 16:21:16 UTC
How many bitcoin did they manage to recover? The asset they hold able to repay how many percentage of the total liability?

Tinof they got 200000 but as time is ticking the funds in mtgox are being used to pay expenses. If all the creditors can get together and stop wastefull expenses then all creditors might get something back.

If you look at the time that is going to pass before any claims are paid, then you could probably say that creditors are going to get peanuts back
From what it looks like, if BTC creditors are paid separately from fiat creditors then BTC will receive ~25% of what they are owed and fiat should receive ~85% of what they are owed. If they are all paid at the same rate then the amount that BTC creditors receive would not increase by much because the vast majority of the claims are for lost BTC.

I don't think gox has many expenses now, most of their expenses are likely related to the processing of the claims of creditors.