Bitcoinica liquidator wants to hear from users

[nrd525]

It's too bad MtGox wasn't located in New Zealand.  They could have used the same liquidation firm 

[zero3112]

Mt. Gox may have been bankrupt for a long time for over a year some people claim.  If they where not bankrupt the coins they owed bitcoinica would have surely made them bankrupt. Which explains there excuses and delays.

[dancingnancy]

Mt. Gox may have been bankrupt for a long time for over a year some people claim.  If they where not bankrupt the coins they owed bitcoinica would have surely made them bankrupt. Which explains there excuses and delays.

But doesn't explain why pkf liquidators are such pieces of shit. 

[nrd525]

Hopefully the liquidators get in on this:

http://www.cryptocoinsnews.com/2014/03/02/mt-gox-announces-civil-rehabilitation-proceedings-what-to-expect-next/

[zero3112]

Hopefully the liquidators get in on this:

http://www.cryptocoinsnews.com/2014/03/02/mt-gox-announces-civil-rehabilitation-proceedings-what-to-expect-next/

This is news. Would this involve running the exchange to pay back their debts something bitfloor did?

[dancingnancy]

Hopefully the liquidators get in on this:

http://www.cryptocoinsnews.com/2014/03/02/mt-gox-announces-civil-rehabilitation-proceedings-what-to-expect-next/

I am hesitant to contact them.  Each E-Mail is like $3,452.34 to reply to.

[zero3112]

This is new http://www.humint.is/goxcoin/ something called goxcoin that has pooped up works through the mastercoin protocol.

[austins]

I'm sorry to hear about your situation, i was looking to buy btcs, I tried looking for reviews on Bitcoinica before i went ahead with it and they all seemed very 50 - 50. some good some bad.

[dancingnancy]

Is anyone on board to look into situations where we can go after PKF Liquidators?  

In a couple weeks I am going to have a chance to talk to a lawyer that is employed by a broker-dealer in USA and ask him/her if we have any recourse to go after them for essentially being incompetent in handling the situation.

I am going to bring the "reports" that they sent us, along with any more relevant information I can think of.  If anyone is  interested, please send me a PM here and your public key so we can talk.  I do not believe that they will charge me anything just to talk to them from what I gather, but I wanted to have all the information clearly available and a clear timeline in hand.

Thanks-

[loceff13]

Is anyone on board to look into situations where we can go after PKF Liquidators?  

In a couple weeks I am going to have a chance to talk to a lawyer that is employed by a broker-dealer in USA and ask him/her if we have any recourse to go after them for essentially being incompetent in handling the situation.

I am going to bring the "reports" that they sent us, along with any more relevant information I can think of.  If anyone is  interested, please send me a PM here and your public key so we can talk.  I do not believe that they will charge me anything just to talk to them from what I gather, but I wanted to have all the information clearly available and a clear timeline in hand.

Thanks-

Spending the 100k+ in almost 2 years isn't that bad in value but thanks for the laugh

[MelMan2002]

Is anyone on board to look into situations where we can go after PKF Liquidators? 

In a couple weeks I am going to have a chance to talk to a lawyer that is employed by a broker-dealer in USA and ask him/her if we have any recourse to go after them for essentially being incompetent in handling the situation.

I am going to bring the "reports" that they sent us, along with any more relevant information I can think of.  If anyone is  interested, please send me a PM here and your public key so we can talk.  I do not believe that they will charge me anything just to talk to them from what I gather, but I wanted to have all the information clearly available and a clear timeline in hand.

Thanks-

Spending the 100k+ in almost 2 years isn't that bad in value but thanks for the laugh

..and what did they accomplish in those 2 years?  They answered a few emails?  Wrote a couple "reports"?  Is that really worth $100k??

[zero3112]

Anything new I heard someone was trying to buy Mt. Gox?

[El Cabron]

Anything new I heard someone was trying to buy Mt. Gox?

im trying to get my lawyer to get the NZ people to make a claim in japan for us...

the NZ will not talk to anyone but lawyers

[dancingnancy]

PKF says new report to be due by the 1st of June

[El Cabron]

PKF says new report to be due by the 1st of June

really. Where did you get this info?

Think they will do it?

[dancingnancy]

PKF says new report to be due by the 1st of June

really. Where did you get this info?

Think they will do it?

Hopefully they will do it lol.  Not that the last reports have done anything but let us know that they are trying their hardest not to get our coins back.  But my fingers remained crossed.

[dancingnancy]

PKF says new report to be due by the 1st of June

really. Where did you get this info?

Think they will do it?

Derp.. maybe its a holiday or something in NZ, because I didn't get an update from them, guessing no one else did?

[MelMan2002]

PKF says new report to be due by the 1st of June

really. Where did you get this info?

Think they will do it?

Derp.. maybe its a holiday or something in NZ, because I didn't get an update from them, guessing no one else did?

IIRC they were late for their last deadline too by few weeks.

[dancingnancy]

PKF says new report to be due by the 1st of June

really. Where did you get this info?

Think they will do it?

Derp.. maybe its a holiday or something in NZ, because I didn't get an update from them, guessing no one else did?

IIRC they were late for their last deadline too by few weeks.

Yeah, you are def. correct.  Although, I did receive an E-Mail from them like 4 days ago as a reply to the same question stating that it would be ready for creditors on the 1st.  Buuuuuuttttt.... not that anything has gone to plan since this clusterfuck started from the beginning.

[nrd525]

I'm thinking it is highly unlikely that we'll ever see the money.  Does anyone know how can I declare this as a loss for my US taxes?  I'm filing a late return.

Do I declare it as a capital loss on form 8949?  I actually lost US dollars, so I'm not sure if this is a capital loss. If I had lost BTC - that would make more sense to treat it as a capital loss.   I think this loss would be treated similar to a having a savings account at a bank that goes bankrupt (and that isn't covered by insurance).

This is a similar situation to having US dollars at MtGox and losing it. How is that treated by tax authorities?  Admittedly MtGox users may get some of their money back.  So they may have to wait for the liquidation to calculate the loss.