Investors Who Lost Out In The Mt. Gox Hack Can Now File Rehabilitation Claims

• “Users who filed a proof of bankruptcy claim online under the bankruptcy proceedings.”

• “Users who did not file a proof of bankruptcy claim under the bankruptcy proceedings.”

• “Users who filed a proof of bankruptcy claim offline under the bankruptcy proceedings.”

  This is of course going to be a very long and drawn out process and thankfully Mt. Gox is a severe exception for when it comes to ‘loss adjustment’ as a result of exchange hacks. What I am trying to say here is that, yes, this is an awful lot of work as a part of a long and drawn out process, but hopefully, we’ll never have to see this again as a result of an exchange hack, because Mt. Gox was a big one. Just to give you a bit of a background on how drawn out this has been, according to Financefeeds:

“Let’s recall that some of the creditors of MtGox filed a petition for commencement of civil rehabilitation proceedings against the Exchange with the Tokyo District Court on November 24, 2017. The petition was heard on June 22, 2018, and the Tokyo District Court issued an order of the commencement of civil rehabilitation proceedings for MtGox. As a result, the previously ongoing bankruptcy proceedings were stayed. Due to the stay of the bankruptcy proceedings, MtGox bankruptcy claims filing system has been temporarily suspended.”