RATE Group | Mt. Gox preps to return $1B in stolen cryptocurrency to victims
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Mt. Gox preps to return $1B in stolen cryptocurrency to victims

24 Aug Mt. Gox preps to return $1B in stolen cryptocurrency to victims

Posted at 11:43h in Cryptocurrency News by

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The floodgates have opened for victims of the long-running Mt. Gox saga, which involves over a billion dollars in lost cryptocurrency. Almost five years later, claims can finally be made to have the stolen money returned.

A press release has been posted on the Mt. Gox website, along with an online tool for submitting claims. If online is not suitable, they can be made via post. It should be noted that this process is strictly for individuals – claims for corporate creditors will have to be filed at a later date.

As with the bankruptcy proceedings, the Rehabilitation Trustee has built a system on which users of MTGOX’s [sic] Bitcoin exchange can file proofs of rehabilitation claim with respect to the claims for return of cryptocurrency and money against MTGOX. […] Users around the world can, without using time or money, easily participate in the Civil Rehabilitation Proceedings through filing proofs of Exchange-Related Rehabilitation Claim in…

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