One name that crops up whenever recovery plans for Mt. Gox are mentioned is one of China’s largest bitcoin exchanges, OKCoin.
That’s probably for a good reason. On an as-yet-unofficial basis, the company is known to be interested in backing its own team in Japan to put Gox back on its feet and take some steps towards making creditors whole.
OKCoin CEO Star Xu told CoinDesk during a recent interview in Beijing that the idea had been suggested to him by some Japan-based friends, and that he personally thought resurrecting the once-dominant exchange and attempting to return its customers’ funds was important to the entire bitcoin community.
He also added it would be a lengthy process that could take years to realise.
OKCoin says it is not considering a direct takeover of Mt. Gox, but rather it wants to leverage its experience by licencing exchange and security technology under a new team that would possibly feature some OKCoin personnel....
its back online, check CD. strange.
Here is the link, which isn't currently in this thread:
http://www.coindesk.com/can-chinese-exchange-okcoin-rescue-mt-gox-creditorsEDIT:
Sunlot vs. OKCoin?
Sunlot Holdings features several people clearly connected to the USA Gov't and others
(at least one) who could easily be blackmailed/compromised.
OKCoin is already running an exchange and I know nothing about their leaders.
^^^Sounds like OKCoin is the much better choice, does anyone know info about who runs it?
