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Defunct Bitcoin Exchange Mt. Gox to Pay $9 Billion to Creditors, Closing Six-Year-Old Chapter

Mt. Gox will be paying $9 billion (roughly Rs. 67,531 crore) to its former customers who lost their Bitcoin holdings in a hack attack in 2014 with. The company is yet to announce detailed information on the distribution process

Weekly summary: bitcoin hit its all-time high, and the first crypto futures ETFs launched in the US

Mark Karpeles: Class Action Lawsuit Not Favorable for Creditors

Mark Karpeles: Class Action Lawsuit Not Favorable for Creditors Last Updated: 12 March 2021 Mark Karpeles, the former CEO of the bankrupt Mt. Gox bitcoin exchange, has filed a supplement in opposition to a class certification lawsuit brought before the U.S District Court by the exchange’s creditors. Disregard Class Certification Judgment The supplement that is one of two goes on to list reasons why a class-action lawsuit will not be in the complainant’s interest. According to the legal representative of Karpeles, a refund plan was already in place through the draft rehabilitation plan. The rehabilitation plan, as stated out in a draft that has Nobuaki Kobayashi, Attorney-at-law, as a witness, will see Mt. Gox’s creditors paid back through Bitcoin, Bitcoin Cash, and Yen based on the current market valuation.

Глава Минфина рассказал, какой формат сотрудничества с МВФ хочет Кабмин