The bankruptcy trustee for non-functioning bitcoin exchange Mt Gox has published a new update with fresh details on the claims submitted by the creditors.
According to his report from Wednesday, the trustee Nobuaki Kobayashi informed that a total of 24,733 people have filed claims against Mt Gox, 9,863 of which relate to bitcoin holdings lost when Mt Gox went bust in 2014.
Creditors claimed together ¥40,130,744,194 (nearly $350m) in lost BTC deposits, of which ¥12,583,717,791 (almost $110m) has been either approved or denied on behalf of 7,952 claimants, as the report informs. An additional ¥27,547,026,403 (around $241m) in claims submitted by 1,911 creditors still expects approval by the trustee.
The exchange rate used for the claims was pegged at $483, or ¥50,058.12 per BTC. This number is tied to the price of the CoinDesk USD Bitcoin Price Index at 23:59 UTC, 23rd April 2014 – just before Mt Gox declared bankruptcy.
Combined bitcoin and fiat deposit claims totaled ¥2,695,239,249,594 (about $2.3bn), and of that amount, ¥25,702,801,244 (about $225m) has been accepted or denied thus far.
Kobayashi disclosed that Mt Gox CEO Mark Karpeles, who was detained last fall on allegations of market manipulation and embezzlement, is still under arrest by Japanese law enforcement. The trustee says that he continues to cooperate with the police regarding their ongoing investigation of the Mt Gox collapse.
“As matters now stand, investigations are underway, including investigations as to whether there are discrepancies between the activities of BTC on the database, which we are aware of at this time, and the records on the blockchain,” he said.
The San Francisco-based bitcoin exchange Kraken has provided an assistance with the claims and relief distribution efforts.
The bankruptcy of Mt Gox sent warnings through the digital currency world, impacting its investment ecosystem and price, with the full implications of the exchange’s collapse arguably still being felt.
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