MtGox withdrawal delays [Gathering]

[JayJuanGee]

Reading this thread at r/mtgoxinsolvency might help:
https://www.reddit.com/r/mtgoxinsolvency/comments/b39h60/march_20th_2019_creditors_meeting_qa/

Sometimes it is difficult to determine a schedule for various dates for the next events - including distribution possibilities or resolution of outstanding claims in order that distribution might be authorized.

In that regard, the above reddit thread seems to imply that the next event is the next October 1, which is the next scheduled creditors' meeting.  Yet, in the meantime, it appears that on April 26, there is some kind of credit distribution schedule that is due to the court, according to something mentioned in the below linked article.

https://qoinbook.com/news/mt-gox-whale-secures-rehabilitation-trustee-balance-of-623-million/

>>>>"A proposal to outline the timeline and terms of the civil rehabilitation process is due on April 26."<<<<<

[1713567037]

1713567037

[1713567037]

1713567037

[1713567037]

1713567037

[Tzupy]

April 26th is the deadline for submission of rehabilitation plan proposal.
I am a lot more interested to find out when will the Coinlab lawsuit be sorted out.

[Eron the real]

Hey guys,

I have filed the rehabilitation claim, and claim my BTC (3digits) and of course my balance was on 0.
Of course my claim was rejected, but when I sent my claim there was no way to send screenshots that show my balance in 2014.

Now that my claim has been rejected I want to send this screenshots to prove that I did have BTC on my account when hacked.

How can I send it to them ? there's no email, and nothing written anywhere about this kind of case ??

I should not be the only one asking, because I saw that 1/4 of the claims had been rejected.

Anyone can help me ? 

[nanobtc]

You might contact them here:

If you cannot log into the System and check the results of the approval or disapproval of your filed claims online, please contact our email support at the following email address:
Email: support@mtgox.com
 
Rehabilitation Debtor: MtGox Co., Ltd.
Rehabilitation Trustee: Nobuaki Kobayashi, Attorney-at-law

[Eron the real]

Thanks,
I've contacted the support but I fear that they tell me that they are here just for technical support.

[Bimmerhead]

Hey guys,

I have filed the rehabilitation claim, and claim my BTC (3digits) and of course my balance was on 0.
Of course my claim was rejected, but when I sent my claim there was no way to send screenshots that show my balance in 2014.

Now that my claim has been rejected I want to send this screenshots to prove that I did have BTC on my account when hacked.

How can I send it to them ? there's no email, and nothing written anywhere about this kind of case ??

I should not be the only one asking, because I saw that 1/4 of the claims had been rejected.

Anyone can help me ? 

I'm the same... I have screenshot AND the screenshot verified by the data hack dump and I was still rejected.

Anyone know a good lawyer in Japan that understands English and the Mt. Gox mess?

[Micky25]

Has anybody else got an e.mail today from mtgox_assessment(at)noandt.com with subject Notice of Objection to Your Rehabilitation Claim(s) (Zx-xxxxxx)

Is this valid?

Thanks and best regards,
Micky25

[cesmak]

Has anybody else got an e.mail today from mtgox_assessment(at)noandt.com with subject Notice of Objection to Your Rehabilitation Claim(s) (Zx-xxxxxx)

Is this valid?

Thanks and best regards,
Micky25

Mine with approved statement arrived from mtgox_trustee(at)noandt.com so in theory the domain is the same so could be legit, but don't know why used another name and not mtgox_trustee. for safety, inspect the mail carefully before opening it.

[bitcoinvest]

Today there was an update on www.mtgox.com regarding the telephone support and email support. you can see here:
http://www.mtgox.com/img/pdf/20190409_announcement.pdf

the other news is that in one creditors group the representative has sold his claim and of course he is not anymore the representative of that group.
I will personally invite you to be aware and keep strong. Everyone wants to put his hands in our coins and cash..


people the last period tried to inject themselfs or tried to manipulate... the second comes from influencer ....

i'll give an example...... let's say i want buy many MtGox claims... but people not selling at the price i want ? what i can do?

easy... i will try to change mind of a well  known person, idealy the representative of a group... how? offering him money...

REMEMBER - everyone has a price so that representative after can put me in contact with people that now willing to sell...

even better if that representative says public that he sold that can change people minds....




p.s. i do not speak for any specific representative.  all the above is just a senario...taken from real life or not, it remains a senario..

[nanobtc]

https://www.coindesk.com/coinlabs-mt-gox-claim-may-hold-up-payouts-for-another-2-years

Ugh.

[kirth]

https://blog.wizsec.jp/2019/04/coinlab-v-mtgox-imaginarium-of-peter.html

[iikun]

https://blog.wizsec.jp/2019/04/coinlab-v-mtgox-imaginarium-of-peter.html

Thanks for the link. This situation was well known before but it's good to see an updated version including the civil rehab. events.
As Japan is not an overly litigious country I would have expected the Vessenes claim to be thrown out of court at the first opportunity. From there, I would imagine that senior courts would be reluctant to hear appeals, especially given that the case is a ridiculous claim by a USA company vs a Japanese bankruptcy (civil rehabilitation) trustee. That doesn't seem to be the case so far though.

Not surprised that Gox lawyers weren't so thorough on the contract but I would be very interested to know if the contract had an exclusive remedy clause. Given that the article mentions there was a liquidated damages section I would assume there would be. In such a case, unless the exclusive remedy bizarrely excludes the termination or contract breach clauses, Vessenes would be s*** out of luck unless he can somehow prove to a Japanese court that the actual damages to his shitty company are anywhere near his USD16b claim (which would be impossible as his mind has clearly detached from reality).

Although the cynic in me thinks it could still be years before Vessenes is finally kicked in the balls on this claim, the Japanese can move very quickly when they want to. Hopefully Kobayashi kicks up enough of a fuss to push the case along far enough that a senior court rejects to hear an appeal and it's all done & dusted.

[DieJohnny]

https://www.coindesk.com/coinlabs-mt-gox-claim-may-hold-up-payouts-for-another-2-years

Ugh.

Look at the bright side, GOX will be the ultimate HODL coins. By the time anyone gets their coins they will be worth a million each!

[JayJuanGee]

https://www.coindesk.com/coinlabs-mt-gox-claim-may-hold-up-payouts-for-another-2-years

Ugh.

Look at the bright side, GOX will be the ultimate HODL coins. By the time anyone gets their coins they will be worth a million each!

Yeah... hahahahaha  exactly.

So long as account holders get paid in bitcoin, even if they only get 1/10 of their original GOX stash in bitcoin, they might be forced to become a whole hell of a lot richer than they would have otherwise had become from those coins because any "normal" person would have sold much sooner. 

Sure, self-sovereignty is a bit of a problem, even though the average trader does not tend to make money with such self-sovereignty when choosing to trade (which presumably much of the GOX coins were on the exchange because of a bit of a trading inclination), and also coin holder mortality could be a problem too, but the value of bitcoin is likely going to be much higher (and even well more than 10x higher) than the $100 to $1,200 BTC price range that was happening around the withdrawal freeze shenanigans that were taking place on GOX largely between mid-to-late 2013 and February 2014.

By the way, I personally got into bitcoin in November 2013, and I suppose that I was a bit spoilt because Coinbase was then available to me for the purchasing of bitcoins, so even though I was attempting to consider a variety of ways that I could possibly get coins and even to put coins on exchanges to have liquidation options, my radar was up about GOX throughout my first three months in Bitcoin, but I remember, too, how GOX was starting to lose market share and influence during that time, but also that the vast majority of active bitcoiners considered GOX going under (the way that it did) to be way too far beyond the pale.  I suppose that sentiment that GOX was not going to go under or that it was coming back was reflected in the secondary market that developed for folks to trade their shares on GOX in the several weeks during the initial closure, which for a decent period of time, prices of those shares in GOX coins still seemed to garner more than 10% of an actual bitcoin..... and also, a decent number of people still were sending dollars to GOX in February 2014 in a hope to buy bitcoins when the Gox coins were selling for around $100 and the remainder of the market was trading BTC for around $600.

[JohanM]

Well this morning I got a new email from MtGox Trustee. It seems that the rehabilitation plan is about te be presented to the Japanse courts.
Does anybody know if the ridiculous lawsuit from Coinlab for 16billion USD against Mtgox Trustee has failed
In any case when you read the PDF it clearly states that first the cash creditors will be paid and then the BTC+BCH will be paid out.
All other cryptocurrencies will be liquidated, that means BSV and BTCgold, they will get some heavy sell pressure ...

[iikun]

Well this morning I got a new email from MtGox Trustee. It seems that the rehabilitation plan is about te be presented to the Japanse courts.
Does anybody know if the ridiculous lawsuit from Coinlab for 16billion USD against Mtgox Trustee has failed
In any case when you read the PDF it clearly states that first the cash creditors will be paid and then the BTC+BCH will be paid out.
All other cryptocurrencies will be liquidated, that means BSV and BTCgold, they will get some heavy sell pressure ...

Still ongoing apparently

https://cointelegraph.com/news/mt-gox-casts-a-dark-shadow-of-cryptos-collapse-a-long-fight-for-justice

Not sure that Coinlab actually believe they would win the suit...just seem to be delaying.

[estenity]

80k BTC of MtGox have been found to be controlled by CSW for a long time ??

https://twitter.com/MagicalTux/status/1271473195921465344

[gentlemand]

80k BTC of MtGox have been found to be controlled by CSW for a long time ??

https://twitter.com/MagicalTux/status/1271473195921465344

No. It's another of Craigy's lies. He just selected an address with a large balance and pretends it's his like all the other ones.

He was a Gox customer himself and moaned about losing in there. He probably had a grand total of 0.001 BTC. And it's ever so slightly doubtful that the actual Satoshi would be using a piece of shit exchange like that, or any exchange.

[estenity]

80k BTC of MtGox have been found to be controlled by CSW for a long time ??

https://twitter.com/MagicalTux/status/1271473195921465344

No. It's another of Craigy's lies. He just selected an address with a large balance and pretends it's his like all the other ones.

He was a Gox customer himself and moaned about losing in there. He probably had a grand total of 0.001 BTC. And it's ever so slightly doubtful that the actual Satoshi would be using a piece of shit exchange like that, or any exchange.

diabolic manoevers.

[Bitcoins101]

80k BTC of MtGox have been found to be controlled by CSW for a long time ??

https://twitter.com/MagicalTux/status/1271473195921465344

No. It's another of Craigy's lies. He just selected an address with a large balance and pretends it's his like all the other ones.

He was a Gox customer himself and moaned about losing in there. He probably had a grand total of 0.001 BTC. And it's ever so slightly doubtful that the actual Satoshi would be using a piece of shit exchange like that, or any exchange.

What makes you think Satoshi would never use an exchange? Satoshi is often treated as this godlike character, which is reasonable considering what has happened, but we don't know why Satoshi disappeared, hasn't sold any coins that we know of, etc.