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Cryptopolitan 2019-12-21 02:56:19

Mt Gox gets 13% reduced claim offer from Fortress

Following the most recent price haggle between Fortress and Mt Gox, Fortress has further reduced its offer by 13% to takeover defunct Mt Gox claim compared to its July offer. The New York-based private equity firm is offering $778 per coin to the creditors of the cryptocurrency exchange Mt Gox with an ultimatum of Dec 31 to accept the offer. According to reports, the proposed amount equates 70 percent of MT Gox creditors account value. In 2014, the company went bankrupt after it lost over 850,000 BTC, however, in 2018, Japanese courts changed the case from bankruptcy to a civil

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