>>Additionally, there's no upside for creditors if Bitcoin becomes $5,000.
It's funny you mention this, because from what I can understand of Japanese bankruptcy proceedings[1], any excess assets remaining after paying off creditors would probably be given to the MtGox shareholders, which primarily consists of Mark Karpeles[2] alone. I believe the term surfacing in other circles is "unjust enrichment"[3][4].
It's funny you mention this, because from what I can understand of Japanese bankruptcy proceedings[1], any excess assets remaining after paying off creditors would probably be given to the MtGox shareholders, which primarily consists of Mark Karpeles[2] alone. I believe the term surfacing in other circles is "unjust enrichment"[3][4].
[1] I am not a lawyer.
[2] https://en.wikipedia.org/wiki/Mark_Karpel%C3%A8s
[3] http://blogs.lawyers.com/attorney/bankruptcy/recovering-thro...
[4] http://scholarship.law.cornell.edu/facpub/1/