News for hackers. Stuff that matters.

A comment on Mt. Gox commences bankruptcy proceedings [pdf]. Parent comment

Re:Mt. Gox commences bankruptcy proceedings [pdf] by crystaln on Saturday April 26, 2014 @04:47AM (#7650796)
Unlikely. Some assets will probably be distributed to depositors, but chances are you'll get less than 10% if anything.
[ Parent | on HN ]
Re:Mt. Gox commences bankruptcy proceedings [pdf] by aloksudhakar on Saturday April 26, 2014 @05:53AM (#7650877)
well, the BTCs are stole, but what about the MONEY (USD) every users had in mtgox? Won't they be paying it back?
[ Parent | on HN ]
Re:Mt. Gox commences bankruptcy proceedings [pdf] by AndyJ1972 on Saturday April 26, 2014 @06:54AM (#7650988)
In my experience a lot gets swallowed up my the trustees fees, and by lawyers chasing debts.

Although in this case I can't see what debts might need to be chased.

[ Parent | on HN ]
Re:Mt. Gox commences bankruptcy proceedings [pdf] by aloksudhakar on Saturday April 26, 2014 @10:46AM (#7651520)
Well, let's wait and hear it from Mtgox truste. I am gradually losing my hope.! :(
[ Parent | on HN ]
Re:Mt. Gox commences bankruptcy proceedings [pdf] by aloksudhakar on Saturday April 26, 2014 @10:37AM (#7651495)
Well, let's wait and hear from Mtgox Trustee. I am losing my hope.! :(
[ Parent | on HN ]
Re:Mt. Gox commences bankruptcy proceedings [pdf] by matthewmacleod on Saturday April 26, 2014 @06:30AM (#7650940)
Almost certainly not.
[ Parent | on HN ]