Author Archive of Davidmondrus

Bitcoin Association acting as Observer in Japan Mt. Gox hearings

Currently the Mt.Gox bankruptcy proceedings are about to enter the “liquidation” phase. This means that after some due diligence the Japanese trustees may sell off the remaining assets of Mt. Gox and use those proceeds to reimburse creditors and customers in an order that the trustees determine. This would most likely result in an outright sale of the remaining 200,000 Bitcoin held at Mt. Gox. One of the Bitcoin Association’s key concerns regarding

Read more