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Creditors Can Claim 90% Of Bitcoin They Are Owned From Mt. Gox: Bloomberg Reporter

Mary Liu

Summary: CoinLab and Mt.Gox creditors have reached an agreement on the Bitcoin claim. Creditors can claim 90% of the Bitcoin they owned from Mt. Gox, according to a tweet from Bloomberg reporter Matt Leising. Mt.Gox was once the largest Bitcoin trading platform until 850,000 BTC were stolen by hackers in 2014. Last December, the MT.GOX client submitted ...

CoinLab and Mt.Gox creditors have reached an agreement on the Bitcoin claim. Creditors can claim 90% of the Bitcoin they owned from Mt. Gox, according to a tweet from Bloomberg reporter Matt Leising.

Mt.Gox was once the largest Bitcoin trading platform until 850,000 BTC were stolen by hackers in 2014. Last December, the MT.GOX client submitted a draft liquidation compensation plan. The draft plans to release 140,000 BTC to creditors. The creditors can choose the form of compensation, such as receiving fiat currency or a mix of fiat and Bitcoin or Bitcoin Cash.

By Mary Liu

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