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Mt. Gox’s trustee Nobuaki Kobayashi has at last filed a draft plan for the rehabilitation of creditors including former users. See also: Mt. Gox Deadline Extended Again After Creditors Criticize Refund Proposal Source
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Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox.The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the finalization of the ongoing civil litigation.“Our payment would be put
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Close to 17,000 creditors of the now-shuttered Canadian crypto exchange QuadrigaCX have filed to reclaim their lost assets.Details of the claims were revealed in an interim status report published on May 12 by Ernst & Young (EY), the trustee for QuadrigaCX’s ongoing bankruptcy proceedings.Details of submitted claims so farThe report
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QuadrigaCX creditors’ claims have caught the eye of Argo partners. Argo Partners is a New York investment firm whose niche includes creditor’s claims, bankruptcies, insurance liquidations among others. Sources indicate that the investment firm is already communicating with impatient creditors. Ernst & Young that is the court-appointed bankruptcy trustee is
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A New York investment firm wants to buy claims from former QuadrigaCX users – provided there's enough interest from creditors entitled to assets held by the infamous exchange.Argo Partners is opening a dialogue with creditors of QuadrigaCX, which collapsed nearly a year ago following the death of its founder and
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In the countdown to the new year, private equity and hedge fund manager Fortress Investment Group is redoubling its efforts to buy up Bitcoin (BTC) claims from Mt. Gox creditors.A Bloomberg report on Dec. 19 alleged that Fortress’s offer is now roughly 13.5% lower than an initial bid it
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“Enclosed please find a detailed compilation (the ‘Background Material’, at Schedule ‘A’) of publicly available information on the history of Quadriga, Gerald Cotten and others related to Quadriga which, in our view, further highlight the need for certainty around the question of whether Mr. Cotten is in fact deceased,” Friday’s
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