Mt. Gox Civil Rehabilitation Voting Deadline Ends Friday

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The Mt. Gox civil rehabilitation voting deadline to reimburse victims who misplaced cash from hacks to the cryptocurrency trade ends this Friday.

  • Mt. Gox was hacked repeatedly from 2012 and 2014, finally driving the trade into insolvency.
  • In Could, the trustee presiding over the Mt. Gox civil rehabilitation case opened the voting on how one can partially reimburse victims who misplaced cash to the in hacks relationship again practically a decade.
  • Those that don’t vote are deemed to have voted towards the proposal, in response to the trustee. A minimal threshold of fifty% of votes is required to ensure that the proposal to move, so there’s a likelihood the proposal may fail even when nearly all of votes actively forged vote in favor of acceptance.

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