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Author Topic: Bitcoinica liquidator wants to hear from users  (Read 64366 times)
nrd525
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June 04, 2013, 06:43:21 PM
 #201

A link to the report
http://www.campusactivism.org/server-new/uploads/Liquidators_Second_Report.pdf

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MelMan2002
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June 04, 2013, 07:50:43 PM
 #202

It is interesting that they value the total claims in US dollars (1.59 million) and the presumed MtGox assets in both bitcoins (64,485) and dollars (134,000).

This probably means they are valuing claims at the existing exchange rate at the point of Bitcoinica's demise.  If so, even if they can only recover half of the bitcoins they are going to have a large surplus.

How are surpluses awarded in liquidation?  Do the limited partners get it?



How are they going to recover even half? They said they will need to sue Gox. But they have already taken the money we had as "fees".



They probably are just stalling so they can use half of it as "fees".

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nrd525
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June 04, 2013, 10:11:46 PM
 #203

Currently the fees have been under 1 percent.

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MelMan2002
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June 04, 2013, 10:25:56 PM
 #204

Currently the fees have been under 1 percent.

Then we have a long wait ahead of us... Tongue

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dancingnancy
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June 05, 2013, 06:40:56 PM
 #205

The thing I do not understand about this still is why Mt. Gox has any say at all about what happens to our coins.  Who originally gave them "control" of these assets (coins + cash)?  Can't this same person take it back and just work with the liquidators to give us our coins back?  It's been too long now and I can't remember all the details anymore.  This is getting super old. 
naima53
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June 08, 2013, 09:26:51 AM
 #206

If a liquidator is appointed the new, does this mean that I have to send proof (GOX codes, transaction numbers) again to the new liquidator?

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nrd525
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June 09, 2013, 01:32:52 AM
 #207

It does seem like the MtGox accounts would be controlled by someone.  Unless they are legally prevented from using them...  But even if they were legally prevented from using them, MtGox probably wouldn't know that.  And it'd be strange if someone was legally prevented from helping the liquidation process.  It might be more likely that they are avoiding it because they don't like the mess.

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2GOOD
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August 15, 2013, 01:00:48 AM
 #208

Any news past 2 months ?!

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September 20, 2013, 03:04:03 AM
 #209

Has anyone heard anything new on this lately?  Would it help to send emails to the liquidator again?
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September 20, 2013, 09:22:36 AM
Last edit: October 17, 2013, 07:25:23 AM by tbcoin
 #210

Has anyone heard anything new on this lately?  Would it help to send emails to the liquidator again?

August 30

Quote
...
Time passes and we still without any news.
 
I would like know what is happening with this case.
 
Thanks in advance
 
Best regards.


Quote
....
I emailed to you on 4 June 2013 a copy of the Liquidators’ second report in the liquidation. We only send creditors a liquidation update being the Liquidators report on a 6 monthly basis.
...

Sorry for my bad english Wink
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osmosis
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September 23, 2013, 06:53:20 PM
 #211

Has anyone talked to mtux and gotten his stance on this?
dancingnancy
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September 23, 2013, 10:24:13 PM
 #212

ughhhhhhhhhhhhhhhhhh

wtf
disclaimer201
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September 24, 2013, 05:33:13 PM
 #213

ughhhhhhhhhhhhhhhhhh

wtf

It is okay not all is lost, some people are still trying to sue some of the old bitcoin consultancy people even though they do not have the coins. Mt. Gox does...  Roll Eyes

Until people get focused on what we should do as a group nothing will happen.



There needs to be a coordinated attack on Gox. He will not move until someone forces him to. Isn't there anything we can do?
disclaimer201
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September 28, 2013, 05:06:07 PM
 #214

ughhhhhhhhhhhhhhhhhh

wtf

It is okay not all is lost, some people are still trying to sue some of the old bitcoin consultancy people even though they do not have the coins. Mt. Gox does...  Roll Eyes

Until people get focused on what we should do as a group nothing will happen.



There needs to be a coordinated attack on Gox. He will not move until someone forces him to. Isn't there anything we can do?

We can sue Gox. However some people are saying this is a bad idea and it is better to sue Patrick and Amir

Even if it brings a little more attention to him, some people also might want to sign this petition.

https://www.change.org/en-GB/petitions/cryptocurrency-community-remove-mark-karpeles-as-a-figurehead-of-crypto-bitcoin-foundation-and-anything-else-crypto
dancingnancy
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September 28, 2013, 08:19:34 PM
 #215

I'm interested to hear more about options for suing if it gets people to start moving.  I guess it is the only thing to do since no one gives a fucking shit that is involved on the other side of this.  I mean seriously, wtf.
dancingnancy
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October 16, 2013, 03:04:36 AM
 #216

At what price does BTC get to before we start to move on this?  The longer we wait, the worse mt gox looks, who knows what could happen to this company? 

If BTC goes back above 250 I really think we should start to talk more as a group.  This whole  situation is absurd.  It would be worth all users that want to do this to pay a percentage of their future holdings to some lawyer that actually has a fucking plan?  I mean I'm sorry, this liquadators are doing nothing, nor do they mind.  You know mt gox doesnt mind. 
osmosis
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October 16, 2013, 03:09:41 AM
 #217

Im all for it. Have any particular ideas about how we can move forward?

At what price does BTC get to before we start to move on this?  The longer we wait, the worse mt gox looks, who knows what could happen to this company? 

If BTC goes back above 250 I really think we should start to talk more as a group.  This whole  situation is absurd.  It would be worth all users that want to do this to pay a percentage of their future holdings to some lawyer that actually has a fucking plan?  I mean I'm sorry, this liquadators are doing nothing, nor do they mind.  You know mt gox doesnt mind. 
dancingnancy
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October 16, 2013, 03:13:29 AM
 #218

Lets just get a list going of users here.  If we can find a lawyer that will accept money when he gets ours that would be my first vote.  They literally have all my money, plus I am going to school full time.  I am not sure how much I could actually contribute in the beginning, but I could do something.  

I have a professor from school I took business law from that could most likely direct me to someone.  I probably have some of the least amt. of connections though in the professional world.

Anyone should chime in that has more ideas.
dancingnancy
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October 16, 2013, 03:26:11 AM
 #219

we need to start another thread where someone can update a list of all users that want to do this and will keep it up.  from there, we can decide money etc.  perhaps the lawyer(s) will be interested to take a case like this to put their name out in public.  it will hit enough websites if we can throw something at this entire shit crew. 
dancingnancy
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October 16, 2013, 03:29:46 AM
 #220

where wont the thread get moved to?  probably right back to this sub forum?  problem is, not many people visit this one. 
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