Tag: Nobuaki Kobayashi

Bitcoin Price Watch: A $500 Drop is in the Books

At press time, bitcoin is trading for just over $8,000 – a solid dip from yesterday’s high of about $8,500, though it is a step above today’s previous low of $7,700. Bitcoin is struggling to stay afloat, but many outside factors are looking to prevent this. One involves ongoing regulation in South Korea. The country accounts for over one quarter of the world’s bitcoin and cryptocurrency trades, making it a …
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Mt.Gox Bankruptcy Trustee Says All Claims Have Been Reviewed

In yesterday’s highly-anticipated Creditor Meeting in Tokyo, Mt.Gox Bankruptcy Trustee Nobuaki Kobayashi revealed that 24,750 claims have been filed so far. According to Kraken’s blog post, one claimant’s outlandish attempt to get ¥260,000,000,000,000 ($2,366,218,400,000) was rejected. Kobayashi said yesterday that all claims have been reviewed, and also clarified that the status of each filing has been determined: “During our thorough bankruptcy investigation, we have carefully reviewed over 24,000 individual claims …
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Bankruptcy Trustee Says MtGox Bitcoin Addresses Will Not Be Released

Nobuaki Kobayashi, Bankruptcy Trustee for now-defunct Japanese bitcoin exchange MtGox, released a statement today saying that he will not release a list of bitcoin addresses supposedly controlled by MtGox, which he hoped would aid the investigation and recovery of missing customer funds. In February, Kobayashi released a report declaring that 202,163.41 BTC in customer deposits were being held by in trust by the bankruptcy estate, however, the report also revealed …
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