Mtgox News

[buzzcoin]

Just a reminder bicoiners that the closing date for filing claims is end of May 2015 and investigation of claims is september 2105.

Has anyone heard from anyone, if someone is willing to take over Mtgox assets and cut a deal with the Japanese liquidator or is in the process of doing so. Please update us here if anyone does get any info.

[buzzcoin]

Seems like the Mtgox fiasco has really caught many a peoples attention.

Mystery of the missing coins has got many people postulating many theories and also trying different options in a bid to find those coins.
One such person by the name of Jason Maurice of Wiz Technologies has been on the hunt for those coins and gives his take on what might (I say might) have happened to those coins. He believes that hackers may have hacked the Mtgox database and created fake cash balances, then in another twist used those cash balances to buy a whole lot of bitcoins and then merrily merrily transfered those coins out of Gox.

His investiagtion is still ongoing but he believes that there could be a possibility that the hackers may have left a trail, and this could take one to the missing coins. But what next, when "you cant touch this"
Well news for you hackers: Start covering your tracks you tiny little thieves, if you have not done so. Mind you, I must warn you little thieves that if the "YAKUZA" starts coming after you, then you better find a hole smaller than a coin to hide in, because you only need to read stories of what they will (and really will) really do to you.

Has anyone heard of anyone, who is also conducting an investigation apart from the tokyo police. let us know here.

[arcanum]

When was the last time MtGox was associated with something possitive?

[Beliathon]

Yet another asinine thread bumped by a guy with multiple points for the SOLE PURPOSE of getting views/clicks on his shitty ad banner.

arcanum = buzzcoin = OP = Click-fisher for $$$

Does anyone really give a fuck about Mt. Gox anymore? Nope. But people still care about ad money!

[buzzcoin]

Tokyo police investigation says that only 27000 bitcoin was stolen from mtgox.
Is this true?

Is this site a scammer?
https://apsjex.com/

All Bitcoin owners should be encouraged to click on potentially 'highly suspicious' links. 

Update:Link removed

[buzzcoin]

People don't forget that the new deadline for filing your claim to gox assets is end of May 2015 and not November 2014

On the subject of claims, I was just reading all over the net that the tokyo police did confirm the illegal removal of only 27000 coins from mtgox.
They also confirmed that they will be investigating what happened to the other 600000 or so.

According to one site, the tokyo police were hinting of the possibility of recovering 544000 coins. Well whatever the outcome is, I for one find it rather strange that 650000 coins could have been illegally removed without management catching on that theft was taking place, unless they did not need to worry because no theft was actually taking place on such a large scale.

Should the police manage to recover a substantial amount of coins, I wonder what the outcome would be if creditors settle for a deal before it is recovered. I'm sure we all would like to see any further coins that are thereafter recovered, be returned to gox's creditors.

What would the price of each coin be if it is recovered? Guess Satoshi knows

Lets wait and see

If Karpeles was the one who controlled all the private keys then I highly doubt that the Tokyo police are going to get any BTC back. Unless he gets formally charged and then cuts a deal and confesses that he still controls all the coins.

In the press conference broadcast on Japanese TV, did Kareples specifically say that all of the BTC was stolen? Has he been quoted saying that at all?

Him happening to find the 200k Bitcoins as soon as people started looking at the blockchin is so suspicious though isn't it.

Este lot of things even after he shut the exchange seem suspect
I'm wondering what is not

[buzzcoin]

I hadnt used mt gox since bitcoins were with $30... I still had about .3 in my account. But I suppose that they are long gone... it would be nice to get back those .3 now 

Did you file a claim?
There are probably thousands of people with small Gox balances and many might not bother to go through the process.

Bithappy if thousands dont file a claim then all mtgox creditors need to be given stats on the number of filed and approved claims
Everything is just so secretive right now that we know zilch

[buzzcoin]

I hadnt used mt gox since bitcoins were with $30... I still had about .3 in my account. But I suppose that they are long gone... it would be nice to get back those .3 now 

Did you file a claim?
There are probably thousands of people with small Gox balances and many might not bother to go through the process.

How can I file a claim? I mean could I even get them back?

Nko you need to wait till end of November. That is when the mtgox lawyer will update all creditors. There will be a form posted on the Mtgox website to file a claim.

[buzzcoin]

How many bitcoin did they manage to recover? The asset they hold able to repay how many percentage of the total liability?

Tinof they got 200000 but as time is ticking the funds in mtgox are being used to pay expenses. If all the creditors can get together and stop wastefull expenses then all creditors might get something back.

If you look at the time that is going to pass before any claims are paid, then you could probably say that creditors are going to get peanuts back

[buzzcoin]

I don't think Sunlot is a charity.....keep an eye on the BB!!! (Bitcoin Bag)

Ya they probably not a charity so all creditors need to look at all options

[buzzcoin]

When was the last time MtGox was associated with something possitive?

Arcanum when do you get anything positive when its a liquidation
All that remains is for people to find the best way forward and to do that people need to come together in discussion on the best way forward

[buzzcoin]

Yet another asinine thread bumped by a guy with multiple points for the SOLE PURPOSE of getting views/clicks on his shitty ad banner.

arcanum = buzzcoin = OP = Click-fisher for $$$

Does anyone really give a fuck about Mt. Gox anymore? Nope. But people still care about ad money!

Belithon no need to worry posting here on your version of an asinine thread, but remember there are some very concerned people who could do with some sort of help or information from inside sources, considering that not much has been spoken about in the creditors meeting.
Creditors dont know much about the progress of the ongoing mtgox investigations and any reliable information might help.
Have you tried calling the mtgox hotline? TRY and let us know how much time you spend waiting and how much info you get.
This liquidation process is not a cosy ride for creditors so try to help maybe with news of any new reliable info or by suggesting some useful ideas to those creditors that we may not know how they are dealing with this liquidation.

FOR THE RECORD: WHEN I REGISTERED THE USERNAME "BUZZCOIN" I NEVER EVEN KNEW OF ANY PERSON OR COMPANY USING THAT NAME NOR DID I DO A GOOGLE SEARCH OF THE NAME, AND I AM NOT AFFILIATED TO ANY OTHER ONLINE BUZZCOIN NAME/TRADEMARK/COMPANY ETC ETC.

FOR THE RECORD: I AM NOT AFFILIATED TO ARCANUM EITHER OR ANY OTHER USERNAME ON THIS FORUM.

FOR THE RECORD: ARE YOU AFFILIATED WITH ARCUNUM OR ANY OTHER USER?  ARE YOU A CLCIK-FISHER OF SOME SORT? OR ARE YOU ONE OF THOSE GOD GIFTED BRAINY HACKERS, WHO IS NOW CURSED AND HUNTED, FOR STEALING ALL OF MTGOX CUSTOMERS COINS AND CASH?

[itsAj]

How many bitcoin did they manage to recover? The asset they hold able to repay how many percentage of the total liability?

Tinof they got 200000 but as time is ticking the funds in mtgox are being used to pay expenses. If all the creditors can get together and stop wastefull expenses then all creditors might get something back.

If you look at the time that is going to pass before any claims are paid, then you could probably say that creditors are going to get peanuts back

From what it looks like, if BTC creditors are paid separately from fiat creditors then BTC will receive ~25% of what they are owed and fiat should receive ~85% of what they are owed. If they are all paid at the same rate then the amount that BTC creditors receive would not increase by much because the vast majority of the claims are for lost BTC.

I don't think gox has many expenses now, most of their expenses are likely related to the processing of the claims of creditors.

[CozyLife]

It's better than playing the lotto with what Mt. Gox will decide to pay back. Mark's fraud needs to be exposed and the Bitcoins dispersed back to the owners of those Bitcoins. I don't know if we'll get all of our money back otherwise. I last bought on GOX at $750 or something like that and I thought the Chinese news was what was causing the drop. Instead of selling at $500, I didn't panic sell. Had I done so, I could have made five times my money back.

[buzzcoin]

Hi people, found this article and had to read because now it says there are 240000 coins, but all the time I heard there are 200000.
So what am I going to hear next?, 1.5 million coins

Man sometimes I can really laugh at this crazy world we live in

  thecoinsman    dot   com /2014/08/interviews/interviewed-bitocean-ceo-nan-xiaoning/

[LiteCoinGuy]

With the mtgox fiasco being long forgotten, Mark Karpeles launches a new business, "forever.net" selling VPS, VoIP & dedicated servers: bitcoin is NOT accepted.

http://de.reddit.com/r/Bitcoin/comments/2eh2du/with_the_mtgox_fiasco_being_long_forgotten_mark/



Mark will ruin that business too.

[intron]

And our big friend even made it to the ZH pages:)

http://www.zerohedge.com/news/2014-08-25/disgraced-mt-gox-ceo-goes-second-try-web-hosting-service-and-no-bitcoin-not-accepted

He should have called in 'forevergone.net'.

[gooxxed]

I did not post it here because it would cause too much offtopic replies:

However: the post would fit in here: I want to try to find out wether MtGox was an inside job. All you need to do is reply with a % number (like 42%) to express your opinion.
I will incentives this by giving 10mBTC per vote.

https://bitcointalk.org/index.php?topic=756876.0

The interesting part of it that the result will be a nice graph that may bring us closer to the truth.