This strikes many people -- particularly Mt. Gox's customers -- as unfair. They had bitcoins worth (say) $500. Mt. Gox lost them. Now those bitcoins would be worth $6,500. Mt. Gox is going to give the customers back the $500 -- the amount of their claims in fiat currency -- and keep perhaps a billion dollars for itself.

The drama that keeps on giving.



posted by forwardslash: 6 days ago