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btc_manager
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Hedge Funds Are Buying Account Holders’ Claims to Speculate on Mt.Gox Payout

Thu Feb 16, 2017 6:36 pm

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While company bankruptcies are unfortunate occurrences in the business world, there are some that view bankruptcies as an opportunity to make money. In the case of Mt. Gox, the ones seeing that opportunity are hedge funds...

Read more here:

https://btcmanager.com/hedge-funds-are- ... ox-payout/

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Rmcdermott927
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Re: Hedge Funds Are Buying Account Holders’ Claims to Speculate on Mt.Gox Payout

Fri Feb 17, 2017 3:08 am

This could be worth a fortune for those hedge funds. They are likely buying claims at pennies on the dollar, and the Japanese government is in control of $207M USD worth of Bitcoin that will be used to eventually pay out claimants.
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