Bitcoin Forum

Economy => Service Discussion => Topic started by: Coinbuddy on April 22, 2015, 12:12:47 PM



Title: Trustee Opens Formal Claims Process for Mt Gox Customers
Post by: Coinbuddy on April 22, 2015, 12:12:47 PM
Mt Gox customers can now formally make a claim against the defunct exchange, with the potential to receive their payout in bitcoin.

The process is being overseen by exchange Kraken, appointed to assist Mt Gox's bankruptcy trustee Nobuaki Kobayashi last November.

According to instructions posted on the Mt Gox homepage, account holders have until 29th May (Japan time) to fill out forms directly from the site, or open an account with Kraken and begin from there.

SOURCE: http://www.coindesk.com/trustee-opens-formal-claims-process-for-mt-gox-customers/


Title: Re: Trustee Opens Formal Claims Process for Mt Gox Customers
Post by: Snail2 on April 22, 2015, 12:29:36 PM
Mt Gox customers can now formally make a claim against the defunct exchange, with the potential to receive their payout in bitcoin.

The process is being overseen by exchange Kraken, appointed to assist Mt Gox's bankruptcy trustee Nobuaki Kobayashi last November.

According to instructions posted on the Mt Gox homepage, account holders have until 29th May (Japan time) to fill out forms directly from the site, or open an account with Kraken and begin from there.

SOURCE: http://www.coindesk.com/trustee-opens-formal-claims-process-for-mt-gox-customers/

Well, this is good news for ppl who lost money on Gox, I guess. At least they can get a partial reimbursement.


Title: Re: Trustee Opens Formal Claims Process for Mt Gox Customers
Post by: ensurance982 on April 22, 2015, 02:14:29 PM
Okay, so it seems like Kraken (that exchange) is accepting Gox bankruptcy claims and is offering to try and get your coins back for you (https://bitcointalk.org/index.php?topic=1034486.0 (https://bitcointalk.org/index.php?topic=1034486.0)). Do you think it's a good idea to pursue that way or file your claims directly? I haven't quite decided yet...


Title: Re: Trustee Opens Formal Claims Process for Mt Gox Customers
Post by: Elwar on April 22, 2015, 02:16:50 PM
I just filed through Kraken. It was pretty easy.

Kraken may have set up a simple user interface to get customers to sign up with their service. You have to have Tier 2 authentication with their site before you can move forward (which I already had).

Hopefully I can get my .4 BTC back.


Title: Re: Trustee Opens Formal Claims Process for Mt Gox Customers
Post by: ensurance982 on April 22, 2015, 02:18:54 PM
I just filed through Kraken. It was pretty easy.

Kraken may have set up a simple user interface to get customers to sign up with their service. You have to have Tier 2 authentication with their site before you can move forward (which I already had).

Hopefully I can get my .4 BTC back.

Huh, .4 BTC isn't that much, so I guess you haven't lost too much (not saying that this doesn't hurt!). But I wouldn't get my hopes up too high that you receive the full amount. They apparently don't have anywhere near the amount of coins needed to pay back everyone in full!


Title: Re: Trustee Opens Formal Claims Process for Mt Gox Customers
Post by: darkangel11 on April 22, 2015, 02:25:24 PM
I just filed through Kraken. It was pretty easy.

Kraken may have set up a simple user interface to get customers to sign up with their service. You have to have Tier 2 authentication with their site before you can move forward (which I already had).

Hopefully I can get my .4 BTC back.

Huh, .4 BTC isn't that much, so I guess you haven't lost too much (not saying that this doesn't hurt!). But I wouldn't get my hopes up too high that you receive the full amount. They apparently don't have anywhere near the amount of coins needed to pay back everyone in full!

It used to be about $300 back in the day when Gox froze transactions. In most countries if you stole that much from somebody's pocket you'd go to jail. Bitcoin world is much different.


Title: Re: Trustee Opens Formal Claims Process for Mt Gox Customers
Post by: Amph on April 22, 2015, 02:54:41 PM
Okay, so it seems like Kraken (that exchange) is accepting Gox bankruptcy claims and is offering to try and get your coins back for you (https://bitcointalk.org/index.php?topic=1034486.0 (https://bitcointalk.org/index.php?topic=1034486.0)). Do you think it's a good idea to pursue that way or file your claims directly? I haven't quite decided yet...

it's better this way i think, because for everyone that follow this, they are rewarding you with free trading, not bad if you are doing some arbitrage i guess


Title: Re: Trustee Opens Formal Claims Process for Mt Gox Customers
Post by: Elwar on April 22, 2015, 03:00:27 PM
I just filed through Kraken. It was pretty easy.

Kraken may have set up a simple user interface to get customers to sign up with their service. You have to have Tier 2 authentication with their site before you can move forward (which I already had).

Hopefully I can get my .4 BTC back.

Huh, .4 BTC isn't that much, so I guess you haven't lost too much (not saying that this doesn't hurt!). But I wouldn't get my hopes up too high that you receive the full amount. They apparently don't have anywhere near the amount of coins needed to pay back everyone in full!

Ya, I pulled out "all" of my coins when Dwolla dropped them. .4 was some left over dust


Title: Re: Trustee Opens Formal Claims Process for Mt Gox Customers
Post by: WhatTheGox on April 22, 2015, 03:59:32 PM
I just filed through Kraken. It was pretty easy.

Kraken may have set up a simple user interface to get customers to sign up with their service. You have to have Tier 2 authentication with their site before you can move forward (which I already had).

Hopefully I can get my .4 BTC back.

Huh, .4 BTC isn't that much, so I guess you haven't lost too much (not saying that this doesn't hurt!). But I wouldn't get my hopes up too high that you receive the full amount. They apparently don't have anywhere near the amount of coins needed to pay back everyone in full!

Ya, I pulled out "all" of my coins when Dwolla dropped them. .4 was some left over dust

You got lucky or did a good job :) i had 30 bitcoins in there totally screwed me over.  Hoping to get back 20% minimum, still feels like rape though, i also planned to sell and rebuy lower with those so tbh gox probably cost me about 50-60 btc so far.


Title: Re: Trustee Opens Formal Claims Process for Mt Gox Customers
Post by: Little P 1 on April 24, 2015, 01:01:42 AM
I have a few questions/

Do people that join the lawsuit process have superiority on people that apply via Kraken or directly?

What about fiat if funds where held in fiat will that also receive a haircut?

What about crypto held on account after the company froze withdrawals. These funds would not have been lost in anyway bitcoin or fiat are they treated exactly like funds lost i.e will they also receive a haircut?

What about fiat sent via transactions to MT Gox that where not recorded on the account?

Kr,

LittleP