Mark Karpeles, the former CEO of the Mt.Gox bankrupt bitcoin, questioned the millionaire Brock Pierce’s plans to restart the trading platform and said that the latter probably has incomplete information about the rights of shareholders. This was reported by The Block.
Karpeles that he had received only a letter of Pierce’s intention to acquire Mt.Gox, but the terms of the document were not fulfilled by the parties. According to him, to conclude a deal of this kind, he needed a court decision. In addition, the final agreement was to be signed within 45 days. The letter “doesn’t have any value right now,” said Karpeles.
In turn, Brock Pierce argues that it was the then head of the exchange who tried to disrupt the deal.
It is noteworthy that the transfer of Jed McCaleb’s share (12%) for 1 BTC is probably also invalid, or has never taken place, since this required the approval of all shareholders.
Brock probably believes that the shareholders will receive the entire surplus, which was indeed the case when in bankruptcy but it’s not the case anymore with Civil Rehabilitation. In the case he somehow managed to launch a new exchange called Mt. Gox, which would take anywhere from six months to a year to get the necessary licenses, I don’t see any people using the exchange. No one wants to see something called Mt. Gox anymore.
Founder, Mt. Gox
Earlier, Brock Pierce reported on plans for a "rebirth" of Mt.Gox exchange.