Mt. Gox Opens Online Claim Filing for Corporate Creditors - Articles

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Posted by: Chelsea Bennett on Sep 13, 2018

Corporate creditors are now able to enter claims for refunds of crypto assets held by the now-defunct Tokyo based Bitcoin (BTC) exchange, Mt. Gox, CoinDesk reports. In early 2014, Mt. Gox was hacked and nearly 750,000 BTC was stolen, valued around $473 million at the time. The theft quickly led to the exchange’s bankruptcy. Mt. Gox creditors have been working for years to retrieve their funds. Last year, creditors filed a petition to move Mt. Gox out of the bankruptcy case and into civil rehabilitation; it was approved this June. Former corporate users have until Oct. 22 to file proof backing up their refund claims.