MtGox Civil Rehabilitation claims now open!

[blockchain2k]

EVERYONE WHO CLAIMED IN THE PAST MUST CLAIM AGAIN.

Announced today on MtGox's website: https://www.mtgox.com/

People who never claimed in the past should be able to claim under Civil Rehabilation, so it is not too late.

Deadline is October 22nd 2018 to fill a claim. If you lost your credentials/old email used to sign on MtGox, you will not be able to claim online and will need to claim offline, so DO NOT WAIT.

If you submitted a claim in the past on MtGox or with Kraken, YOU NEED TO CLAIM AGAIN. The procedure changed from bankruptcy to civil rehabilitation and you need to submit a claim. I believe you might lose your claim if you do not submit one under the civil rehabilitation process as bankruptcy is no longer in play. Kraken is also no longer involved.

Under civil rehabilitation, your claim is not a fixed price per BTC at time of commencement of bankruptcy. Everyone will be entitled to their fair share of all remaining BTC held by the trustee. Claims will not be locked in at the 50058.12 JPY valuation per BTC and Mark will receive nothing. Value from claimed forks (BCH, etc) will also be distributed or sold then proceeds distributed.

All documents are published on the website. It's a long read, but all the details are there.

Edit: It appears the system currently has some issues. If you have trouble logging in for the claim, try switching from username to email for login. If you're trying to logging to the balance checker, the login doesn't seem to update and it uses your original MtGox password. Hopefully this will get fixed soon.

There used to be about 200k BTC for 800k BTC claims, or about 25% of BTC, although about a third was sold for fiat by trustee, from top of bubble all the way down to 6k. I believe average was estimated around 10k USD per BTC. So people should expect to receive about:

- 17% of BTC amount in BTC
- 17% of BTC amount in BCH
- 8% of BTC amount x 10k USD
- Pro-rata share of other forks proceeds

-Namjies

[1715610432]

1715610432

[1715610432]

1715610432

[1715610432]

1715610432

[1715610432]

1715610432

[vlad230]

I'm assuming that most people have already made their claims and didn't miss out previously, however having to do it again is pretty shitty.

Yes, that's right... It's another way of trying to evade re-paying everyone what they're owed...

On the other hand, it's good that this case is inching to a resolution because it's been several years now.

[BitcoinFX]

I'm assuming that most people have already made their claims and didn't miss out previously, however having to do it again is pretty shitty.

Yes, that's right... It's another way of trying to evade re-paying everyone what they're owed...

On the other hand, it's good that this case is inching to a resolution because it's been several years now.

This type of thing, more often than not, ends the exact same way every time in that the so called regulators, administrators, laywers, attorneys and solicitors always walk away with the lion share of other peoples money, because you know, their time is expensive etc.,

The 'justice' system is actually designed this way and they intentionally allow these things to drag on for as long as possible - it is part of what helps to keeps these elite kleptocrats at the top of their societal pyramid. You cannot get any justice in this regard.

My own family has personal experience of this type of thing happening both outside of the crypto sphere and within it.

[vlad230]

This type of thing, more often than not, ends the exact same way every time in that the so called regulators, administrators, laywers, attorneys and solicitors always walk away with the lion share of other peoples money, because you know, their time is expensive etc.,

The 'justice' system is actually designed this way and they intentionally allow these things to drag on for as long as possible - it is part of what helps to keeps these elite kleptocrats at the top of their societal pyramid. You cannot get any justice in this regard.

My own family has personal experience of this type of thing happening both outside of the crypto sphere and within it.

Yes, it's true... The winner will always be the lawyers and people working to "get you" justice. Both parties involved in a lawsuit will loose.

My own family has personal experience of this type of thing happening both outside of the crypto sphere and within it.

Sorry to hear that    You made me curious, any chance you could share your family's experience?

[cetald]

My friend lost a lot of bitcoins because of MtGox. He still receives the results of the investigation on the email. But he has long lost hope for a refund or compensation.

[pimondcrypto]

This is really good news at the same time it is disappointing too. Many people had made their claims before and now again they will need to claim which is really irritating. But it is also good to see that they have taken initiative to consider the claims.