Hacker News new | ask | show | jobs
by mjthrowaway1 1161 days ago
My claim in mtgox was worth ~$2000. I almost didn’t file because I was busy running a growing business. Today it is worth 150k. File the claim. You never know what it ends up being.
2 comments

Didn’t they value the claims with the BTC value at the time? i.e. it’d still be $2K?
Claim at the time of BK: 50 coins @ $100/ea. Was told that mtgox only had a small fraction of deposits left and there were non-depositor creditors suing. 10 years later and there’s ~20% deposit payouts happening in btc.

That’s roughly the situation. The trustee sold some of the coins so some will be cash.

Maybe whatever coins they recover increases in value substantially and creditors can be made ‘whole’ like with mtgox?

No.
Can I ask if you got anything back? My understanding was the trustee basically found everything, but never actually remitted settlements to account holders.
It’s a multi-billion dollar BK so they take a while to resolve. Payout amounts have been finalized and the deadline to provide your information is this week. I’m expecting a payment by EOY 2024.