Fortress Investment Group extends new buyout offer to Mt Gox creditors
Fortress Investment Group has sent an updated letter to thousands of creditors of the now-defunct crypto exchange Mt Gox, offering to purchase their claims.
For Desperate Mt Gox Victims, Long-Shot Bitcoin Deal Beats Endless Wait
A Russian law firm’s audacious proposal for recovering up to $2 billion stolen from Mt. Gox in return for a steep fee has divided the failed bitcoin exchange’s creditors.
Cryptocurrency Creditors Making a Killing Despite Bear Market
Cryptocurrency creditors have been able to find profits from selling to two types of borrowers: die-hard crypto believers— who expect the market to rebound strongly and institutional investors—who need to get digital assets for short selling.
Mt. Gox Crypto Exchange Opens Claims for Creditors to Request Lost Funds
Creditors of hacked Japanese cryptocurrency exchange Mt. Gox began filing civil rehabilitation claims Thursday, August 23 in a fresh attempt to retrieve their lost bitcoins.