Anyone want to total the amount of rejected claims?
just wondering the amount of Bogus claims vs accepted to see if the amount that was "lost" in btc was truley lost vs. the amount they "found (202k btc)"
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yeah me neither, seemed like a good enough dude. What a douche bag. His name may or may not be Ben Davis from Portland, OR. This is an address that is listed as a contact for several of his domains: 18755 SE Yamhill Street Portland, OR 97233 and an email: bendavvis@gmail.comand another google voice number that goes to a msg: 9712176667 A facebook page he has is here: http://www.facebook.com/imworks.guru This is all the first layer stuff I found, peeling some more layers now. I have some boys out in Portland doing some research too. This is felony worthy stuff. Posting to scam accusations shortly. Any help would be appreciated. PM me asap... i have actual details regarding this guy Real Name Benjamin J. Johnson Read More about this scammer, and his associated aliases, information/doc's, and background/history of scams here: https://bitcointalk.org/index.php?topic=606942.0
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some interesting things have been rumored/surfacing since this tweet as well... in connection to gox re-opening, possible relocationg, re-branding, and possible purchase of gox...etc..
will be fun to see this all unfold in the coming days as we approach the April 1st date that was initially in the rebranding document of gox.
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yeah, would be nice if the 670,000 that were recently rumored to be "Found"... good things for the bitcoin community & crypto-world.
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would only be good things for bitcoin community if they were "Found"
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more news about nothing we didnt already know, thanks gox... we all understand and will cooperate with with you throughout this process.
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MtGox.com Post's New Update on website. 2014-03-14: Announcement regarding the applicability of US Bankruptcy Code Chapter 15 https://www.mtgox.com/img/pdf/20140314-announcement_chapter15.pdfAnnouncement regarding the applicability of US Bankruptcy Code Chapter 15 As already announced, MtGox Co., Ltd. filed an application for commencement of a civil rehabilitation procedure at the Tokyo District Court on February 28, 2014 and this application is now proceeding (the "Civil Rehabilitation"). On March 10, 2014 (US Standard Central Time), a petition was filed in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division to have the Civil Rehabilitation accepted under Chapter 15 of title 11 of the United States Bankruptcy Code. A temporary relief order was issued on the same date. This preliminary relief order is scheduled for confirmation on April 1, 2014. This means that the effect of the Civil Rehabilitation applies now on a temporary basis to assets located in the United States which will be preserved. Accordingly, the acceptance by the US court of the Civil Rehabilitation means that any enforcement of a judgment against MtGox Co., Ltd, any attachment of its assets, the creation of any lien against its assets or the disposition of any assets located in the United States are temporarily no longer possible. Under the Civil Rehabilitation, the Tokyo District Court issued an order prohibiting any disposition of the assets of MtGox Co., Ltd. Since assets located in the United States will be used to repay all creditors, their preservation was necessary to ensure the smooth functioning of the Civil Rehabilitation. This is why the Chapter 15 petition was made. Further, on March 11, 2014 (United States Standard Central Time), a petition was made to stop the proceedings of a lawsuit taking place in the United States pursuant to Chapter 15 and this petition was accepted. Further announcements regarding the Civil Rehabilitation will be made on this website. We apologize for the inconvenience caused to all creditors and ask for their understanding and cooperation throughout this process.
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http://www.reuters.com/article/2014/03/11/us-bitcoin-karpeles-idUSBREA2A1VM20140311(Reuters) - A U.S. federal judge on Tuesday temporarily froze the U.S. assets of Mt. Gox chief Mark Karpeles and allowed alleged victims of the shuttered bitcoin exchange to demand evidence of what they claim is a massive fraud. The market for the digital currency was rocked last month when Mt. Gox, once the world's largest bitcoin exchange, ceased operations, and soon after filed for bankruptcy. Mt. Gox said it may have lost 750,000 bitcoins, worth hundreds of millions of dollars, in a hacking attack. The freeze on Karpeles' assets, issued by Judge Gary Feinerman in Chicago, also applies to Mt. Gox's U.S. affiliate and the Japanese parent company, Tibanne, according to Christopher Dore, an Edelson attorney who represents U.S. customers of the bitcoin exchange. The judge's order did not apply to the Tokyo-based Mt. Gox KK, which was shielded from litigation after it filed for bankruptcy protection in Japan and the United States. Mt. Gox suspended withdrawals on February 7, leaving customers unable to recover their funds. In a bankruptcy hearing on Monday, parties suing Mt. Gox said there are growing concerns that Karpeles moved millions of dollars of bitcoins in recent days based on information gleaned from the Internet. Dore represents Gregory Greene, an Illinois resident, who brought a proposed class action over what he claims is a massive fraud. Mt. Gox blamed the loss of hundreds of millions of dollars in bitcoins on a flaw in the software algorithm that underlies the digital currency. "The main thing we hope to achieve is to finally see what the web of things that Karpeles has put together over the last few years and to start unwinding it as to where things are and what happened," said Dore. Bitcoin is bought and sold on a peer-to-peer network independent of central control. Its value soared last year, and the total worth of bitcoins minted is now about $7 billion. Investors were warned on Tuesday that the lure of a quick profit trading the volatile currency should not blind them to bitcoin's risk of theft, fraud and significant losses, according to an alert by the Financial Industry Regulatory Authority. Dore said the judge's order freezing Karpeles' assets will expire in 14 days, when the parties return to court to decide if it should be extended. John Murphy, a Baker McKenzie attorney for Mt. Gox KK, the bankrupt company, declined to comment. Dore said the U.S. affiliate, Karpeles and Tibanne were not represented at the hearing. The case is Gregory Greene v Mt. Gox Inc et al, U.S. District Court, Northern District of Illinois, No. 14-01437 (Reporting by Tom Hals in Wilmington, Delaware; editing by Andrew Hay)
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http://www.coindesk.com/mt-gox-files-chapter-15-us-bankruptcy-protection/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29Troubled Japan-based bitcoin exchange Mt. Gox has filed for Chapter 15 bankruptcy protection, an ancillary form of bankruptcy that will complement its primary Tokyo District Court claim issued on 28th February. US Chapter 15 bankruptcy provides specific protections in cases of cross-border insolvency, and is based on UN model law. Both Japan and the US have adopted Chapter 15 bankruptcy in an effort to better protect the interests of shareholders and maximize the value of debtor assets in cross-border bankruptcies. At the time of its filing, Mt. Gox claimed an outstanding debt of ¥6.5bn ($63.6m), and indicated that 850,000 bitcoins had been lost or stolen from its exchange. This is just the latest development in the ongoing legal case against Mt. Gox. Shortly after its original Japan filing, a US class action suit was mounted by Colorado-based Edelson law firm, which specializes in technology cases. The lawsuit is seeking damages, alleging that Mt. Gox was negligent for failing to provide adequate security to its customers. Edelson did not respond to comments requesting more information on how this filing could affect its case. What is Chapter 15 bankruptcy? Upon qualifying for Chapter 15 protection in the US, certain relief could become available to Mt. Gox, including the granting of an “automatic stay” that would prevent creditors from seizing its US assets, though Mt. Gox would have to request such an arrangement in writing. The presiding bankruptcy judge would have the final say on granting the relief. For more information on Chapter 15 bankruptcy filings, read a full overview here. Next steps Following the filing, a recognition hearing will typically be held within 30 days to determine whether the case is a “foreign main” or “foreign non-main” proceeding, distinctions that would affect the handling of the case. Mt. Gox may not necessarily have protection in the interim period before the hearing. After the determination is made at the hearing, Mt. Gox would be able to carry out its main purpose in filing, which can include liquidating assets, approving its sale or assigning its leases in the US. Mt. Gox indicated recently in a post on its website that it planned to restructure and restore the business in order to increase repayments to its creditors.
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https://en.wikipedia.org/wiki/Chapter_15,_Title_11,_United_States_CodeChapter 15, Title 11, United States Code is a section of the United States bankruptcy code that deals with jurisdiction. Under Chapter 15 a representative of a corporate bankruptcy (insolvency) proceeding outside the U.S. can obtain access to the United States courts. It allows cooperation between the United States courts and the foreign courts, as well as other authorities of foreign countries involved in cross-border insolvency cases.
It happens with increasing frequency that a bankruptcy proceeding in one country has a connection to assets or information located in another. Because of the involvement of multiple jurisdictions, unique problems arise. In order to solve some of these problems, the United States enacted Section 304 of the U.S. Bankruptcy Code in 1978. Section 304 was repealed in 2005 and replaced with Chapter 15, titled "Ancillary and Other Cross Border Cases." This section has increased the range of options available in the United States in support of foreign bankruptcy proceedings. UNCITRAL[edit]
Chapter 15 incorporates the Model Law on Cross Border Insolvency drafted by the United Nations Commission on International Trade Law. The law provides solutions to problems which arise in connection with cross-border bankruptcy, allowing US courts to issue subpoenas, orders to turn over assets, the issuance of stays on pending actions, and orders of other types as circumstances dictate. The ancillary proceeding permitted under Chapter 15 is often a more efficient and less costly alternative to initiating an independent bankruptcy proceeding in the United States. It also avoids the conflicts which could arise between the jurisdictions involved in two independent bankruptcy proceedings initiated in connection with the same debtor. Chapter 15 also establishes mechanisms for the cooperation between US and foreign courts and representatives regarding proceedings which involve the same debtor. Discretionary assistance[edit]
Whether the US courts will extend the "additional assistance" sought in connection with a foreign proceeding under Chapter 15 is a matter of discretion. The main consideration the US courts will take into account in making this decision is whether the laws of the foreign jurisdiction in connection with which the additional assistance is sought violate the laws or public policy of the United States and if the foreign courts conduct their proceedings according to basic rules of procedural fairness. Among other factors the US courts will consider how the foreign jurisdiction treats creditors, whether it prevents the fraudulent transfer of debtor's property, if US creditors are protected against prejudice in the processing of their claims there, and the manner in which assets are distributed. The court may conduct an evidentiary hearing, including the hearing of expert testimony, to determine whether the proceedings of the foreign forum are sufficiently just to grant the assistance requested. Original Chapter 15 (1978-1984)[edit]
The original 1978 Bankruptcy Code had a different Chapter 15 dealing with the United States Trustee Program, which it established as a trial in some judicial districts to assume roles which formerly belonged to the bankruptcy judge and others, including the selection and oversight of private trustees in individual cases. At that time, the other chapters of the Bankruptcy Code described how bankruptcy worked in districts without United States Trustees; original Chapter 15 modified the text of the other chapters for districts with United States Trustees. Section numbers in original Chapter 15 incorporated the section numbers in the main Code that they modified; for example, section 151325 (a section of original Chapter 15) modified section 1325, which sets the requirements of Chapter 13 plans. Since the trial program was considered a success, Congress in 1984 ordered the creation of United States Trustees in all states except Alabama and North Carolina. Since original Chapter 15 now applied in most states, its text was then merged into the main Bankruptcy Code; separate provisions were enacted for Alabama and North Carolina, where other officers of the court assume the role of the United States Trustee.
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they just removed his post.
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sweet, then send me back all the btc that i sold/transfered since then... about 5k btc over that span... im fine with that
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vonatelli has glossed the ramp for replenishment, this has been confirmed.
Hasl confirms that it is in fact the replen of many, but not of the whole barrel for that would have to be many apples.
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vonatelli has glossed the ramp for replenishment, this has been confirmed.
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my plans are to go into business with him...
and take everything he has right from under him.
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