Quote from: JorgeStolfi on October 18, 2014, 02:05:11 AM

Quote from: DrApricot on October 17, 2014, 08:56:21 PM

It seems that you are trying to warn people away from self help groups, and implying that anyone who joins one of these will fall into the clutches of Sunlot or their ilk. People will only stand so much frustration, and can't be blamed for trying to look out for what they see as their best interests. That's not the same thing as being used as a pawn in someone else's game--merely life.

I am merely warning people to be wary. Not everyone who claims to be your friend is really your friend.

Fair enough, one should be careful, yet that doesn't mean remaining patient through an untenable situation. There is such a thing as the time value of money. Money in the short term is worth more than money promised at some future date. Many people would probably trade-off having the authorities prosecute every supposed Mt. Gox bad guy to the nth degree in exchange for having their bitcoins back in some near-term fashion.

Quote from: JorgeStolfi on October 18, 2014, 02:05:11 AM

Out-of-court settlement will not make the missing bitcoins appear, so the former clients will not get more than 20% of their losses, in any case.

What evidence do you have that there were ever more than the 200,000 bitcoins found in the "old-format wallet"? Earlier in the year, these bitcoins were worth in excess of $100 million. That's a very large cash hoard for a 3 year old company run by a 28 year old. It stretches credulity to believe Mt. Gox actually controlled $500 million in bitcoins that have been claimed. Nobody has demonstrated that those coins totalling to the larger sum ever even existed. More than likely, it is just another wild claim.

Quote from: JorgeStolfi on October 18, 2014, 02:05:11 AM

Judicial liquidation may take another year or more, but it WILL return most of the remaining assets to the clients. The liquidation court has powers that a Sunlot-like takeover will not have, such as seizing the assets of former management and eventual accomplices, subpoena documents and bank histories, etc.. Moreover, it can be expected to do so. In contrast, Sunlot has already "pardoned" McCaleb and Gay-Bouchery, and will let them keep what they got from MtGOX. AFAIK, Sunlot never said what they will do about Mark.

I could just say "heck, it is your money, if you want to give it to Sunlot, your problem." Except that it is not in anyone's interest to let crooks who stole 500 million dollars walk away free and carrying all the loot with them. The world will be even less safe than it is, if those bandits are not caught and sent to jail. Unfortunately, to me, that will be the likely outcome of a Sunlot takeover.

I don't see what the Sunlot takeover has to do with an out-or-court settlement. When depositors and creditors work out a settlement, it could return all of the depositors' bitcoins from the 200,000 BTC stash, and there would be no need to convert to Japanese Yen. This is something completely different than Sunlot. While representing a compromise of interests, it would be a good one--essentially a win-win for everyone. Proceeding with the liquidation seems more like "delay-delay" and "lose-lose". Out-of-court settlements when they can be obtained are generally far superior in outcome to proceeding on with a bankruptcy liquidation. It will require creditors and depositors to come to some kind of agreement based upon mutual interests.