MtGox has announced they "found" 200k BTC (we all knew already, didn't we)

[oyvinds]

those 200k BTC that went through the MtGox API and everybody assumed they had.. well, apparently MtGox has now announced that they are in fact in control of the coinz.

http://headlines.yahoo.co.jp/hl?a=20140321-00000038-yom-sci

A leading trading site management company "bit coin (BTC = Bitcoin)" virtual currency on the Internet, the 20th, I had described the company has lost the bankruptcy in February "Mount Ngoc, Inc." The (Tokyo) Of the approximately 850,000 BTC, has announced about 200,000 BTC  has left.

---

This raises an interesting question.

Assets in BTC / debt in BTC

is not equal to

Assets in fiat / debt in fiat

which means that MtGox may be forced to sell that BTC in order to threat all creditors equal.

[WhatTheGox]

This raises an interesting question.

Assets in BTC / debt in BTC

is not equal to

Assets in fiat / debt in fiat

which means that MtGox may be forced to sell that BTC in order to threat all creditors equal.

they have half the fiat?

& 25% of BTC ?

they need to buy more BTC to treat creditors equal

[V4Vendettas]

Be nice if gox would let its customers know if this is the case or just some more crazy news reporting.

[ajw7989]

well this is good news hopefully they will do the right thing and refund the customers. I am not sure if they are legally responsible to refund customers because didnt they declare bankruptcy not sure on all the laws.