The proposal to reimburse Mt. Gox victims requires a majority vote from all creditors in order to pass.
The entrepreneur's attorneys can now serve the developers of BTC, BCH, BCH ABC and BSV, even though they don’t reside in the U.K.
Mark Karpeles was pushing back at a motion for class certification in a lawsuit brought by a former Mt. Gox user.
If Craig Wright did control the wallet holding stolen Mt. Gox coins, he may soon face a lawsuit of his own.
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.
Mt. Gox’s trustee Nobuaki Kobayashi has at last filed a draft plan for the rehabilitation of creditors including former users.
Bitcoin's revived uptrend could soon lead to a much-anticipated breakout above the $20,000 mark, according to several analysts.
Mt. Gox's rehabilitation plan deadline of Oct. 15 has been extended yet again this time to December.
Mark Karpeles said he is reviewing the verdict with his legal team.
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.
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.
Karpeles accused Greene of trying to change claims ahead of a possible summary judgment.
Fortress is now offering creditors a "premium price tier" of $1,300 on every bitcoin held by the defunct exchange's estate.
Creditors have until Dec. 31 to accept the offer, which is lower than one made previously.