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It sure looks like Mt. Gox will give back $1.3M worth of Bitcoin to its users – but there’s a catch

Friday, August 3, 2018 by Piyush Suthar | Comments

Home News Tech It sure looks like Mt. Gox will give back $1.3M worth of Bitcoin to its users – but there’s a catch

Creditors of the now disbanded Mt. Gox cryptocurrency exchange have made another step towards reclaiming their lost Bitcoin, following updates to a court ruling issued in June, first spotted by Coindesk. Back in November 2017, a group of Mt. Gox creditors, who were implicated by the theft of over 744,000 Bitcoin and the exchange’s subsequent bankruptcy rallied together, and started a petition to reclaim their lost funds. Over the following months this gained traction, and in June of this year a further court session ruled that the compensation claims should be made in BTC and BCH, which at current market…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

Authored by Piyush Suthar
Pro Blogger


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