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by perennate 1958 days ago
CoinLab's lawsuit is a big part of the reason why creditors with actual legitimate claims still haven't received their share of the remaining assets. Somehow CoinLab thinks their claim, which hinges on vague and unrealistic what-ifs, should have priority over Mt. Gox users who held dollar/cryptocurrency assets in their Mt. Gox accounts. Obviously CoinLab's ridiculous claims will eventually be thrown out, but it has severely delayed the insolvency proceedings and eventual distribution process.

Vessenes is not a "Bitcoin insider", he is a snake who seeks to steal billions from individual users who lost assets that they had held with Mt. Gox.

Here is what former Mt. Gox users who are still waiting for the distribution process think of this Bloomberg article: https://old.reddit.com/r/mtgoxinsolvency/comments/l9m3iz/coi...