Today, the district court of Tokyo decided to process of compensation of losses from bankruptcy cryptocurrency exchange Mt. Gox in the form of civil rehabilitation. It is reported by CCN.

The decision was taken after consideration of a petition signed by former customers who lost their savings as a result of theft with a custom BTC wallets Mt. Gox in 2014. In case of rejection of the petition by the liquidation and subsequent payments to the affected traders would take place in Fiat currencies after double-conversion (BTC — JPY — USD) at the exchange rate at the time of the hacking, i.e. $480/BTC. However, in the current conditions significantly increased the likelihood of direct compensation procedure in the cryptocurrency.

According to estimates of the former CEO of Mt. Gox Mark Karpeles (Mark Karpeles), as a result of liquidation would have formed a balance of 160 000 tokens, which would be distributed to the shareholders of the exchange. Karpeles himself during the AMA session on Reddit said he was not seeking to get rich in the process of liquidation and is making every effort to achieve civil rehabilitation.

A detailed plan of indemnification will be developed in the course of further judicial proceedings. As stated in the document published today on the website of Mt. Gox, the hearings will resume in February 2019. Users are required to re-provide evidence of financial claims against the stock exchange to 22.10.2018.

Trustee of the funds Mt. Gox, responsible for their elimination, has already managed to bring to market about one third of the total amount entrusted to him. Now the balance of the cold wallets of exchanges is 137 891 137 891 BTC and BCH. In connection with the review of the procedure and future hearings further bulk sales of assets are expected. The latest round of sales took place in may; then from the wallet of Mt. Gox was derived 8200 bitcoin.

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