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by perennate
1955 days ago
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The absurd hypothetical that CoinLab could have been Coinbase in some strange parallel universe should not take priority in the bankruptcy/insolvency proceedings over the claims of Mt. Gox users who held actual dollar/cryptocurrency assets on the exchange. CoinLab's lawsuit has delayed the distribution process and their absurd claims are part of the reason why creditors with actual legitimate claims (i.e. Mt. Gox users) are still waiting for the remaining assets to be distributed. It is like the bank has robbery and 20% of the money is stolen, but instead of distributing the 80% among the customers, it is given to the bank's US partner that said "oh hey we could've been the next big bank in the US if the other bank didn't get robbed". |
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