MtGox bankruptcy trustee opens claims filing site, updates case status

By Caroline Salls

Pittsburgh, April 23 – MtGox Co., Ltd.’s bankruptcy trustee opened an online claim filing system on Wednesday, according to a report released Thursday.

Trustee Nobuaki Kobayashi said he is considering whether he should make distributions to creditors in bitcoins. Those distributions would be made only to the users of the Kracken exchange operated by Payward, Inc.

In addition, the trustee is attempting to collect loan receivables against several companies, including ¥772.79 million against Tibanne Co., Ltd., ¥338.14 million against K.K. Shade 3D, ¥60 million against K.K. Bitcoin Café and ¥136.18 million against representative director Robert Marie Mark Karpeles.

As of April 13, the amount of bitcoin managed by the bankruptcy estate was 202,159.34061488. The trustee said he is still investigating the existence of bitcoin related to MtGox.

The trustee has collected a total of ¥97.49 million in deposited money, according to the report. As of April 21, MtGox had a ¥1,375,885,620 account balance.

MtGox is a Tokyo-based online bitcoin exchange operator. The company filed Chapter 15 bankruptcy on March 9, 2014 under case number 14-31229.

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