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…

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https://ift.tt/2OD3XZU Matthew Beedham August 03, 2018 at 09:01AM