ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Thursday Sep 20th 2018
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us

MtGox Creditors To Begin Filing Claims To Retrieve Lost Funds

By

Nathan

Graham

WriterETHNews.com

MtGox is accepting civil rehabilitation claims until October 22.

Creditors who lost their bitcoin when Japanese cryptocurrency exchange MtGox went bankrupt in 2014 can start filing civil rehabilitation claims in an attempt to recover their lost virtual currency.

An online guide published by MtGox rehabilitation trustee Nobuaki Kobayashi outlines three ways in which users of the exchange can file their proof of rehabilitation claims.

Users who filed proof of bankruptcy claims by May 25, 2016, have three options for filing a proof of rehabilitation claim. Those who have set up two-step authentication are directed to use the "online" method of filing. Those who have not are to use the "supplementary" online method. Users who have lost their password and/or username must mail in their claim using the "offline" method. Any creditors who have not yet submitted proof of bankruptcy claims may also submit proof of rehabilitation claims.

Anyone wishing to file a civil rehabilitation claim must do so before October 22, 2018, or risk losing their right to make a claim. The guide states that MtGox plans to inform creditors whether their claim was accepted or rejected by January 24, 2019, but the date is subject to change.

This announcement comes shortly after lawyers representing several MtGox creditors published a revised policy of the rehabilitation plan earlier this month.

The Tokyo District Court approved a petition to commence civil rehabilitation proceedings for MtGox in June of this year. ETHNews reported that the proceedings touched upon whether creditors and users would be reimbursed in bitcoin or fiat. This document makes no mention of how funds will ultimately be distributed. 

Nathan Graham

Nathan Graham is a full-time staff writer for ETHNews. He lives in Sparks, Nevada, with his wife, Beth, and dog, Kyia. Nathan has a passion for new technology, grant writing, and short stories. He spends his time rafting the American River, playing video games, and writing.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest MtGox, exchange or other Ethereum wallets and exchanges news.