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RE: Mt. Gox Trustee Announces Repayment Procedures For 141, 686 Bitcoins

in LeoFinance2 years ago

I don't know the exact answer to your question. But my guess is it will definitely be more than the fiat value they lost at the time. But can't give them back all of their coins either, because out of 700,000 lost only 200,000 were recovered. And more than 50k has been sold already. I am sure they will find some middle ground where everybody will get certain piece of the pie based on how many coins they lost.

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Interesting. Given the length of time and how much BTC has increased in value it seems like people will actually come out ahead regardless or at least we'll off. I can't remember how much BTC was worth back then at the time of the event but I'm guessing it was well under the price today - a couple thousand dollars at the most I'm guessing.