Japanese court began civil rehabilitation, Mt.Gox. Creditors will receive payments in bitcoins
Source:
The Court of Tokyo has launched a procedure of civil rehabilitation exchange Mt.Gox. This means that the Trustee, Nobuaki Kobayashi will no longer sell Bitcoins with wallets trading platform, and traders can expect a payment of compensation in yen at the exchange rate on 2014, and bitcoin. About it writes .
theNew details about Mt.Gox
the Main concern of the customers of Mt.Gox was the payment of compensation in an equivalent amount of bitcoins, and the money for the course in 2014. Thus, the exchange's management was obliged to act Japanese law in ordinary bankruptcy proceedings. In the case of civil rehabilitation of the market will have to sell their assets to pay off customers. So you can expect to pay in coin, the rate of which in four years has grown more than seven times.
Creditors who want to get paid in bitcoins, may re-apply until 22 October. When exactly the exchange plans to pay off former clients, and if it has the money for it, unknown.
In March, members of the crypto community, Nobuaki Kobayashi in the collapse of the Bitcoin exchange rate as a result of sales of large batches of coins. The publication does not exclude that the situation will repeat after the exchange to pay off with creditors. This time, however, bitcoins will not sell Kobayashi, and the lenders.
Part of the last will want to immediately transfer the debt to the cash.
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