Investor Fortress Will Buy Mt Gox Creditor Claims for $900 Per Bitcoin - CoinDesk

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Banks of Mt Gox hanging tight to recover their bitcoin from the long-ancient trade would now be able to get pennies on the dollar by offering their cases to Fortress Investment Group.

In a letter sent to loan bosses, Michael Hourigan, an overseeing executive at the New York-based private value firm, said he is buying these cases for a bitcoin speculation vehicle the firm works.


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