MtGox withdrawal delays [Gathering]

[techmars]

Has there been any meaningful updates?
Looks like this debacle is now in the back of people's minds.

I understand that Mr. Kobayashi, the court-appointed liquidation supervisor,  has sent out paper mail to all known MtGOX customers asking them to fill some claim form until some deadline.  No further news are expected until that deadline.  Perhaps someone who got said p-mail can fill in the details.

where is the claim form ?
any link to download the form ?

[JorgeStolfi]

Readers of this thread may be interested in the thread below:

HOLY F**** I just got the details of 50 bitcoiners in CY DANNY BREWSTER INCLUDE

[freedomno1]

Readers of this thread may be interested in the thread below:

HOLY F**** I just got the details of 50 bitcoiners in CY DANNY BREWSTER INCLUDE

That would be full Karma anyways I'm a bit skeptical but if this is true were in for some fun

[JorgeStolfi]

Readers of this thread may be interested in the thread below:
HOLY F**** I just got the details of 50 bitcoiners in CY DANNY BREWSTER INCLUDE

That would be full Karma anyways I'm a bit skeptical but if this is true were in for some fun

The conclusion of that thread is that the address is old, from well before MtGOX's collapse.  By the time he ran away he had moved to Nicosia.
EDIT: but if you are in Cyprus, now you know why you did not get yout MtGOX postcard. 

[bitcoinvest]

new post on mtgox.com

https://www.mtgox.com/

https://www.mtgox.com/img/pdf/20140714_meeting_faq.pdf


and speaking about updates here is an interesting one:

http://virtualmining.com/bitcoin-joint-venture-to-bid-for-mt-gox-assets/

what do you think?? mtgox will be up and running in a month? let's see!!

[JorgeStolfi]

speaking about updates here is an interesting one:
http://virtualmining.com/bitcoin-joint-venture-to-bid-for-mt-gox-assets/
what do you think?? mtgox will be up and running in a month? let's see!!

I can only see the top few lines of that article and it says onle that they plan to "fill the void left by MtGOX" by opening an exchange in Japan.  Do they really intend to bid for MtGOX assets? (AFAIK there is no chance of that, and what assets are there to bid for?)

[DrApricot]

speaking about updates here is an interesting one:
http://virtualmining.com/bitcoin-joint-venture-to-bid-for-mt-gox-assets/
what do you think?? mtgox will be up and running in a month? let's see!!

I can only see the top few lines of that article and it says onle that they plan to "fill the void left by MtGOX" by opening an exchange in Japan.  Do they really intend to bid for MtGOX assets? (AFAIK there is no chance of that, and what assets are there to bid for?)

Google the title and the entire article will come up.

Sounds very much like the OKCoin proposal with a new twist or two.

[JorgeStolfi]

Google the title and the entire article will come up.
Sounds very much like the OKCoin proposal with a new twist or two.

Thanks!

I really cannot see why a new exchange would honestly want to present itself as "MtGOX reborn" or buy any asset from MtGOX.  Would be like a US presidential candidate legally changing his name to "Richard M. Nixon Two".   (I can think of several very bad reasons for that, though.)

By the way, I thought that I read somewhere that Tibanne, MtGOX's parent firm, convinced the MtGOX liquidator that a certain portion of the remaining bitcoins belonged to Tibanne and not to MtGOX, and so they should not be part of the liquidation.  Has anyone seen that, or was it only a bad dream?

[mgroenouwe]

Google the title and the entire article will come up.
Sounds very much like the OKCoin proposal with a new twist or two.

Thanks!

I really cannot see why a new exchange would honestly want to present itself as "MtGOX reborn" or buy any asset from MtGOX.  Would be like a US presidential candidate legally changing his name to "Richard M. Nixon Two".   (I can think of several very bad reasons for that, though.)

By the way, I thought that I read somewhere that Tibanne, MtGOX's parent firm, convinced the MtGOX liquidator that a certain portion of the remaining bitcoins belonged to Tibanne and not to MtGOX, and so they should not be part of the liquidation.  Has anyone seen that, or was it only a bad dream?

Maybe they want to buy it for all the account data. E.g. It takes a lot of time (and money) to check and verify all the personal passports.
A business can start all over with zero customers, but what if you can start with hundreds of thousands of verified customers...

[JorgeStolfi]

Maybe they want to buy it for all the account data. E.g. It takes a lot of time (and money) to check and verify all the personal passports.
A business can start all over with zero customers, but what if you can start with hundreds of thousands of verified customers...

But of course they cannot assume that every customer of the old MtGOX wants to be a customer of the new one, so customers would have to explicitly open new accounts anyway.  And the liquidators cannot sell to the new firm the ID/passport scans of people who do not want to be customers, can they?  (If they CAN and intend to do that, then that is one one more bad reason for them to want the takeover.)

When someone dies, he gets buried or cremated, and that is it.  No matter how much relatives and friends miss him, they won't go searching for a doctor who can bring the dead back to life.  Companies are like that too.  Wen a company dies, it dies, and that is it.  Anyone who claims to be able to bring it back to life is srely a charlatan tring to swindle those who miss it.

[bitcoinvest]

Google the title and the entire article will come up.
Sounds very much like the OKCoin proposal with a new twist or two.

Thanks!

I really cannot see why a new exchange would honestly want to present itself as "MtGOX reborn" or buy any asset from MtGOX.  Would be like a US presidential candidate legally changing his name to "Richard M. Nixon Two".   (I can think of several very bad reasons for that, though.)

By the way, I thought that I read somewhere that Tibanne, MtGOX's parent firm, convinced the MtGOX liquidator that a certain portion of the remaining bitcoins belonged to Tibanne and not to MtGOX, and so they should not be part of the liquidation.  Has anyone seen that, or was it only a bad dream?

where have you found that??
what the F@CK is going on? if this is true what are we waiting to receive?? probably nothing? and Mark is tweeting cats??

[JorgeStolfi]

By the way, I thought that I read somewhere that Tibanne, MtGOX's parent firm, convinced the MtGOX liquidator that a certain portion of the remaining bitcoins belonged to Tibanne and not to MtGOX, and so they should not be part of the liquidation.  Has anyone seen that, or was it only a bad dream?

where have you found that??
what the F@CK is going on? if this is true what are we waiting to receive?? probably nothing? and Mark is tweeting cats??

Found it (I wasn't dreaming!).  But it is "only" 200 kUSD:

http://www.goxdox.org/2014/07/magicaltux-strikes-again-tibanne-takes.html
http://www.reddit.com/r/Bitcoin/comments/29u6dt/goxdoxorg_magicaltux_strikes_again_tibanne_takes/

However it is quite strange that Tibanne gots its claim served (in full?) before the other clients.  Especially considering that the sole owner of Tibanne is the former CEO of the company being liquidated. 
 

[bitcoinvest]

By the way, I thought that I read somewhere that Tibanne, MtGOX's parent firm, convinced the MtGOX liquidator that a certain portion of the remaining bitcoins belonged to Tibanne and not to MtGOX, and so they should not be part of the liquidation.  Has anyone seen that, or was it only a bad dream?

where have you found that??
what the F@CK is going on? if this is true what are we waiting to receive?? probably nothing? and Mark is tweeting cats??

Found it (I wasn't dreaming!).  But it is "only" 200 kUSD:

http://www.goxdox.org/2014/07/magicaltux-strikes-again-tibanne-takes.html
http://www.reddit.com/r/Bitcoin/comments/29u6dt/goxdoxorg_magicaltux_strikes_again_tibanne_takes/

However it is quite strange that Tibanne gots its claim served (in full?) before the other clients.  Especially considering that the sole owner of Tibanne is the former CEO of the company being liquidated. 
 

In 2 days we have the creditors meeting among the other's i think we MUST have reply on that......

[Tzupy]

I am very curious how the missing fiat will be explained by Karpeles and Kobayashi.
AFAIK there is only some 7M$ left, out of 70M$ (or more) deposited MtGox customer funds.
Bitcoins could be hacked out of Gox, but the fiat?

[N12]

I am very curious how the missing fiat will be explained by Karpeles and Kobayashi.
AFAIK there is only some 7M$ left, out of 70M$ (or more) deposited MtGox customer funds.
Bitcoins could be hacked out of Gox, but the fiat?

I think the official number published by MtGox was around 50 million USD (among all currencies). But indeed, it is still a complete mystery as to how this money vanished. Even more of a mystery is how the narrative keeps changing. How can 200k BTC suddenly pop up? How can over 1/3rd of the USD (they used to think they had 60% of the fiat AFAIK) that was thought to be there suddenly vanish?

Edit: I went back and found a source for the figures: http://www.reuters.com/article/2014/02/28/us-bitcoin-mtgox-bankruptcy-idUSBREA1R0FX20140228

"The exchange had liabilities of 6.5 billion yen ($63.67 million), dwarfing its total assets of 3.84 billion yen, the company said"

So at first, it was over 60 million USD worth and 59% of that they were supposed to have. Now it's 7 million? Absolutely ridiculous.

[bitcoinvest]

and here it is: https://www.mtgox.com/img/pdf/20140723_report_en.pdf

another apology from Mark and almost nothing new from representative....

what a great day!

We got Goxed one more time!

[Tzupy]

I understand that the missing fiat was loaned to Tibanne and KKShade, so Karpeles can continue to screw his customers while living lavishly.
From the 'liabilities' section it's unclear to me how the deposited / missing bitcoins were appraised. Anyone can clarify this?

[Trupik]

Has there been any meaningful updates?
Looks like this debacle is now in the back of people's minds.

I understand that Mr. Kobayashi, the court-appointed liquidation supervisor,  has sent out paper mail to all known MtGOX customers asking them to fill some claim form until some deadline.  No further news are expected until that deadline.  Perhaps someone who got said p-mail can fill in the details.

where is the claim form ?
any link to download the form ?

Cool down. Here's the current status (as of July 23rd 2014):

Filing of proof of bankruptcy claims
With respect to filing of proofs of bankruptcy claims in this case, since extremely
large number of creditors exist all over the world, I am considering to implement a
reasonable and smooth method of filing. For such purposes, it is necessary (i) to
sufficiently confirm, with the cooperation of professionals, the details and method
of use of data regarding the business of the bankrupt entity, which I preserved, and
(ii) to consider the situation of the investigation of the background behind the
disappearance of BTC. Accordingly, it is expected to take a few months to
determine the filing method. In light of this, although the deadline for filing the
proof of claims of bankruptcy in these bankruptcy proceedings is set as November
28, 2014, I consider it is necessary and reasonable to postpone the date to
reasonable timing.

[bitcoinvest]

And here is the answer to Mark of trying to sell everything and get richer..... *

http://www.coindesk.com/auction-bitcoins-com-domain-halted-us-court/

And a small thought here... the representative gave the prsmision to Mark to sell this asset of the Company?
If yes why? since the plan of buying the exhange is still open why to sell assets?





* Before start writing about that those money would go to us to pay us i mean think it again.


For example if the Coinlab enters a group of investor and reopen MtGox wouldn't be better to have all the assets? including the domain name?

I strongly believe that the ONLY way to get our BTC and Money back is by reopening MtGox and NOT by selling it half price....

[JorgeStolfi]

since the plan of buying the exhange is still open why to sell assets?

Sunlot wants to buy MtGOX for 1 BTC.  Not clear whether the japanese court will agree, depends on creditors approval I suppose.

It makes absolutely no sense to me, but most creditors apparently believe that anyone who says loud "bitcoin is great" is totally honest and competent, whatever his penal record says, and they will let him take all their bitcoins without any guarantee whatsoever.