Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
DrApricot
on 10/09/2014, 06:21:28 UTC
I am a US citizen who had more than $5000 USD stored in MtGox at the time of its collapse.
What action can I take right now to work towards getting my money back?

Citizenship is not important.  You should file a claim with the Japanese court-appointed liquidator, Mr. Nobuaky Kobayashi.  Links and information were posted in this thread a couple of weeks ago; look for "creditors meeting".  Some information is available in the MtGOX original website http://www.mtgox.com, but that site may still be managed by Mark, I dont know.

The deadline for filing claims was Nov/2014 but has been postponed to May/2015.  There is no date yet for when the spoils will be distributed.  Be prepared to get only 1/5 of your claim, at most.

You can't file claims yet.
Quote
The method for filing claims will be published on this site as soon as we are in a situation to announce it.
Correct. The situation is still rather liquid with the police investigating what happened to some of the bitcoins. I would say it's an open question exactly what proportion should be paid out in liquidation. It's not even clear how many bitcoins were originally present, so that makes it a little difficult to figure out the percentage missing. Opinions vary on what percentage of Mt. Gox bitcoins have been recovered, and there's a complete absence of any proof one way or the other. Hopefully, the police will eventually make known the results of their investigation.