Mt Gox Trustee Wishes to Proceed to the Bankruptcy Distribution Process

[jamie.redman1]

The latest Mt Gox creditors’ meeting trustee has revealed payment claims for customers have all been approved or rejected, but the bankruptcy investigation is still ongoing.

“Now that all bankruptcy claims have been accepted or rejected, henceforth, I wish to proceed to the distribution process as soon as possible,” concludes the 18-page trustees’ report. “At present, the possibility of carrying out a distribution and the timing and method thereof, has not yet been determined. — I will continue to consider whether, in the case where a distribution is possible, a distribution will be made by way of distributing BTC.”

Read More Here: https://news.bitcoin.com/mt-gox-trustee ... n-process/

[OgNasty]

The latest Mt Gox creditors’ meeting trustee has revealed payment claims for customers have all been approved or rejected, but the bankruptcy investigation is still ongoing.

“Now that all bankruptcy claims have been accepted or rejected, henceforth, I wish to proceed to the distribution process as soon as possible,” concludes the 18-page trustees’ report. “At present, the possibility of carrying out a distribution and the timing and method thereof, has not yet been determined. — I will continue to consider whether, in the case where a distribution is possible, a distribution will be made by way of distributing BTC.”

Read More Here: https://news.bitcoin.com/mt-gox-trustee ... n-process/

Considering they already promised to make a BTC distribution, they'd better not "consider" it... Failure to do so would mean a round of lawsuits against kraken and this money never finding it's way back to the community. It's been long enough folks. Give us our money back!