The group of creditors of the now defunct bitcoin-exchange MtGox filed a new court petition, which, if satisfied, will withdraw Mark Karpeles from bankruptcy and launch the process of its civil rehabilitation. The Financial Times writes about this.
The petition is filed in the hope of preventing former CEO of MtGox Mark Karpels from gaining several billion dollars in potential, which may remain at the disposal of the company after the funds are returned to investors.
The current Japanese legislation suggests that if MtGox retains its current bankruptcy status, the exchange will return users money in dollar terms as of 2014. However, due to the fact that the price of bitcoin has grown tens of times since then, Karpeles and MtGox, even having returned the funds to investors, can get a significant enough bonus.
According to the Financial Times, more than 173,000 BTC can be left to Karpeles from the 202,195 BTC that the stock exchange owned at the time of bankruptcy. At the current rate of bitcoin this is about $ 3 billion.
As the newspaper notes, now everything will be reduced to the "battle of experts" - representatives of the bankruptcy property manager who believe that the current liquidation plan will be more reliable, and representatives of investors who insist that their offer will not only be quicker but also more fair, because in the potential will allow them to return not the dollar equivalent of deposits, but actual amounts in bitcoins.