«Overall, the amount of bitcoin held
by the MtGox estate is approximately 202,185 XBT, or $ 91,185,435 USD at today's bitcoin price of approximately $ 451, which Kraken will help to distribute.»
The remaining 12 percent is held
by MtGox's original creator Jed McCaleb, a San Francisco - based programmer who currently works with Stellar.
Kraken was selected in November 2014
by the MtGox trustee after extensive and objective review to assist MtGox creditors in investigating missing Bitcoin, filing claims, and distributing remaining assets.
Not exact matches
However,
MtGox has been beset
by technical and legal problems.
The largest Bitcoin exchange,
MtGox, announced that they would be partnering with US based startup Coinlab in a deal brokered in part
by Silicon Valley Bank.
http://t.co/4QPPUvALYi now reads «put announce for
mtgox acq here» Zero - evidence speculation: leak was
by insider wanting cheap #bitcoin
For now, BitStamp remains an exchange with one of the more spotless, even if not the most prominent, reputations in the Bitcoin community, with very few complaints about the sorts of deposit and withdrawal delays and anti-fraud and anti-money-laundering compliance hassles that are occasionally reported
by users of
MtGox and even Coinbase.
I don't understand why it is so unfair for depositors to
mtgox, we were scammed initially and now it seems that we are getting scammed again... possibly
by the same guy Kaperles or however you spell this b $ & @ % # # $ name.
Since then,
MtGox's market share has been eclipsed
by those of Bitstamp and BTCChina, BitPay has been joined
by Coinbase, to a lesser extent BIPS and now Circle, and at the beginning of October the last point of vulnerability, Silk Road, was shut down - and Bitcoin's prices soon went up rather than down.
In April,
MtGox had over 70 % market share in the Bitcoin exchange industry, BitPay was
by far the largest payment processor, and the Bitcoin drug market, which many thought was crucial to the Bitcoin economy, was dominated
by Silk Road.
The CEO, Chris Larsen, is a new face in the cryptocurrency community, but Bitcoin users are likely to recognize two familiar names: Jed McCaleb, founder of
MtGox,
by far the largest Bitcoin exchange in the Bitcoin community, and Stefan Thomas, a Bitcoin developer responsible for BitcoinJS.
«For several weeks
MtGox customers have been affected
by bitcoin withdrawal issues that compounded on themselves.
Publicly,
MtGox declared that «transaction malleability» caused the system to be subject to theft, and that something needed to be done
by the core devs to fix it.
Because these idiots want to tank the whole crypto market
by selling this
MTGox bitcoin.
Finally, worst of all,
MtGox, once
by far the largest exchange in the Bitcoin economy, has disabled all withdrawals, and prices on the exchange have tumbled more than 85 % amid fears that the exchange is insolvent.