Bitcoin Forum

Economy => Exchanges => Topic started by: btcinsight on September 21, 2015, 09:32:04 AM



Title: MtGox: A bankruptcy claim transfer platform
Post by: btcinsight on September 21, 2015, 09:32:04 AM
With the bankruptcy procedure taking forever, there are probably people in need of money out there who would be willing to sell and give up their bankruptcy claims rights for cash.
On the other side, there are probably people who would be willing to take more time and more risk and buy bankruptcy claims to profit later.

A platform to ease such transfers might be useful in those cases, since transfer of bankruptcy claims is allowed by MtGox bankruptcy official statements.

Don't hesitate to vote and comment! :)


Title: Re: MtGox: A bankruptcy claim transfer platform
Post by: monbux on September 21, 2015, 08:01:25 PM
Right, but how would the transfers go? ???  Also, is it allowed?  Thankfully I've never used mtgox other than just looking at the last btc price on that site.


Title: Re: MtGox: A bankruptcy claim transfer platform
Post by: btcinsight on September 22, 2015, 07:19:17 AM
Right, but how would the transfers go? ???  Also, is it allowed?  Thankfully I've never used mtgox other than just looking at the last btc price on that site.

Yes, it is allowed by the trustee and he published a procedure for it: https://www.mtgox.com/img/pdf/20150723_offline.pdf.
The platform would provide an escrow for the transfer of claims, probably multisig to avoid trust problems.


Title: Re: MtGox: A bankruptcy claim transfer platform
Post by: Blazed on September 22, 2015, 02:08:37 PM
I would sell my claim if it were possible. The big issue would be the amount of personal info required to transfer them though.


Title: Re: MtGox: A bankruptcy claim transfer platform
Post by: btcinsight on September 22, 2015, 02:42:26 PM
The link I posted above is about transferring claim using the offline method. The online method (more convenient in that case) is described here:
https://www.mtgox.com/img/pdf/20150723_online.pdf

According to the paper, the following information must be given:

- Full names of transferor and transferee.
- Claim number (8 digit)