Mt. Gox Trustee May Sell Some Crypto Assets, Says Draft Repayment Plan
The trustee of the now-defunct bitcoin exchange intends to liquidate cryptocurrencies other than bitcoin and bitcoin cash as part of a draft rehabilitation plan.
Creditors will vote on the draft plan proposed by trustee Nobuaki Kobayashi with the aim of resolution by October.
The agreement is subject to creditor acceptance.
If Craig Wright did control the wallet holding stolen Mt. Gox coins, he may soon face a lawsuit of his own.
Mt. Gox’s trustee Nobuaki Kobayashi has at last filed a draft plan for the rehabilitation of creditors including former users.
Mt. Gox's bankruptcy trustee is holding off on filing a civil rehabilitation plan to the Tokyo District Court after creditors took issue with it.