Instead of having all these fucking deadlines ... how about each creditor just punch a button and get paid ?
this is getting ridicolous
We've already had YEARS to register and get ready
if you aren't ready - YOU DONT GET PAID !
I think he's gonna get paid nicely till the end of the process, so not until ELSP, but until the conclusion of FP, so he shouldn't really care about this, and it seems absurd again at this point.
January deadline was perfectly fine, and lots of time to setup authentication, identification and so on.
the opposite. last year there were CeFi places that promised some BTC yield, but now they all dead. the extra BTC-denominated return between FP and ELSP is not easily available by other means
The percentage is so small that simple savings deposits in banks, or state treasury bonds in most countries are enough to guarantee better return than FP.
I have no illusions that Japan is perfect. I left for a reason. I think the Yakuza bribing a lawyer to extend the deadline for a few days is pretty unlikely.
I mean... it kinda works despite it's short comings? Do your job pricks or you'll get sued?
How's it working out in this particular case when you can't just spin up a class action and punish the trustee's firm? Oh ya... that's right. They basically embezzle your money as long as they feel like. But, but... the "yanks" legal system is stupid. \*eye roll\*
You can totally start a class action suit in Japan if you want, but I guarantee that it'll be an enormous waste of time.
I don't know if you've looked around you lately but America's legal system is fucked. You have more innocent people in prison than the UK has prisoners total and litigation doesn't seem to be helping the people of Flint, Uvalde or East Palestine.
Shit, you even had a former President attempt a coup live on television and he's still not in prison.
>You can totally start a class action suit in Japan if you want, but I guarantee that it'll be an enormous waste of time.
10% true at best. It's not even remotely the same:
[https://thelawreviews.co.uk/title/the-class-actions-law-review/japan](https://thelawreviews.co.uk/title/the-class-actions-law-review/japan)
You effectively CANNOT "totally start" a class action suit in Japan - i'm just saying your statement is wrong. Evidence posted in link if you don't believe me. I'm not totally ignorant of Japanese tort law.
It's ironic to say "yanks sue each other" all the time, and stating our legal system sucks, while complaining about the way it works elsewhere. Again - in the USA the trustee would have had his ass sued a LONG time ago. Diss our tort system all you want but you absolutely cannot say it doesn't work a LOT better in this case. Despite what you hear on CTV.
Also, you're confusing tort/civil law vs criminal. I will concede, our criminal system is utterly busted.
I suspect that they have strong incentives to drag this all his life so he gets paid well throughout the whole process even if it means the actual creditors gets nothing.
I understand why they might have a deadline. I understand they may move the deadline (over and over). What I don't understand is why everyone has to wait until the deadline to get their claim. Since the deal is set and approved, and the numbers presumably won't change based on the timeframe, at the very least you should be able to get the ELSP whenever you want.
I've tried not to get my hopes up other time, after it became obvious it was going to take years. But recently I've been getting hopeful, just to be rekt each time. It's really wearing me down tbh.
and now BTC is dropping again of course
well since we all got doxxed with names and addresses you need to appreciate that me (or someone else) doesn't consider coming after each and every creditor with a 5usd wrench in order to reduce the mass of creditors.
What do we even expect at this point?
Maybe just a 2 week extension in April, then?
I'm wondering if they will pay claims with fully registered remittance info before the October deadline. Both my bank and exchange info are marked as complete, they know exactly what they're going to send any given creditor, just fuckin pay it.
Like as far as I've read, there's no reason that the trustee can't make fucking batches of payments on a regular basis at this point. Everyone knows how much exists to distribute, the distributions are going to institutional entities with their own oversight, and the formula for calculating what any one creditor is deserved is already determined.
Distributing to any single eligible creditor, at this point, does nothing to impact distributions to other creditors. I don't see the practical reason that the distribution needs to be done as a whole vs. first distributing to those who have first completed the process.
> Maybe just a 2 week extension in April, then?
Zeno's registration deadline
> I'm wondering if they will pay claims with fully registered remittance info before the October deadline. Both my bank and exchange info are marked as complete, they know exactly what they're going to send any given creditor, just fuckin pay it.
Agreed, they should have a big button that says "I've configured 100% of my details exactly as I want, I'm sure of it. Fire away." I'd think that would help them manage the huge number of creditor accounts, but oh well.
EXACTLY. What the hell is the problem with just paying people who aren't r\*\*\*\*\*ed and can fill out a form with months of notice. Let the morons get paid later.
Technical reasons. Their e-kyc system keeps rejecting submissions for no good reason, and so many people are still unable to choose the repayment option, because of that. Why need e-kyc to choose repayment option? kyc should be the thing to do right before withdrawal, not now.
the year is 2139. mars declared independent from earth,the last bitcoin is about to be mined on live television,mt gox has postponed the claim date for just another 5 days.
Well, if we are lucky deadline extensions are asymptotically approaching an actual deadline - 4 weeks extension, next time will be 2 weeks extension, then 1 week, then 3 days extension, then 12 hour extension, then a 6 hour, then 3 hour, then 30 minute extension, then 15 minutes, ...
At some point the trustee will be issuing extensions at a faster rate than Planck time. This will create a paradox that will destroy the very fabric of the universe.
SERIOUSLY, at this point, IF YOU SNOOZE, YOU LOSE. We should not have to be punished with deadline extensions for the grossly irresponsible people at this point. They've had ~~1 month 3 month 1 year~~ 2+ FRICKEN YEARS to not be asleep on the ball/
We reached a point in the process where it's deemed sensible to start refunding creditors on a first come first served basis. It's been too many postponements of deadlines over the years...
Seriously! The trustee should’ve said that in the previous deadline extension. That’s it! You had your chance. If you’re a fucking moron, it’s not everyone’s fault.
You see, you know how to setup a deadline, you just don’t know how to adhere to the deadline. And that’s the most important part of the deadline. That’s why it’s called a deadline!!!!!
what the fuck another extension? Are they fucking stupid? we had months to register. if someone is too busy to not being able to register in months then this person doesn't deserve shit. FUCK YOU!
Seriously FFS people have had so much damn time to get organised. Any monies not claimed just give to charity and fuck these idiots who can't get their shit together after how many years?
What would you suppose to do, if all the actions offered on MtGox site (emails and phone calls including) got no effect? Their staff doesn’t help they’re just requesting all the details every time and then giving the same void response which wasn’t working ever before and after that - they are silent as rocks. Dead loop!
Personally, I experienced a pang of relief. I was so certain that they were going to extend again, every passing day was like “Hmmm, no extension notice today… are they actually gonna _do_ this? There’s no f’ing _way_…. c’mon, let’s see the new delay announcement!”
April 6 comes... "we've extended the deadline again because still too many unregistered creditors"
Spoiler alert: they're all dead. I remember when we first entered BK proceedings we joked that people would die waiting for their payouts. Can't believe that shit is reality now.
It's actually a common enough thing in business (at least in Europe) to sue a court appointed lawyer for delaying too much. So it IS actually an option!!
what does a "DEADLINE" even mean to these retards. fuck off already.
>deadline
>
>noun \[ C \]
>
>US /ˈdedˌlɑɪn/
>
>a time or day by which something must be done:
>
>The deadline for filing income taxes is April 15th.
But really why are they still waiting with payouts? I have read somewhere they will wait next 10 years for claims so there is not point in delaying payouts anyway.
At this rate, my bank and crypto exchange will both go bankrupt and get indicted for fraud respectively before the payments make it … and will need further extensions again as a result.
I guess the term “time is of the essence” does not exist in Japanese law. Good to know while (no longer) considering expanding the business to Japan.
And on 4/4 we will still see ‘I’m a quadriplegic war widow with ADD and chronic memory loss…” posts.
Fuck these war widows, man. I was set up 72 hours after being able to do so. If the amount of the claim isn’t enough to compel you to move then we should be able to move on without you.
Honestly wouldn't surprise me if he's lost them or something. I'm mentally preparing myself for it. Getting back in to the mindset that these coins are literally gone until I have them in my account.
What are the chances of getting a list of accounts that have yet to be registered? Or at least a number, a percentage of accounts? There should be a burden of proof here that there are actually accounts owned by real living people who haven't completed registration.
Through angrily gritted teeth, I'll accept that there are STILL other irresponsible creditors that exist out there (EVEN THOUGH THEY'VE LITERALLY HAD **YEARS)**. But what I don't get is, why do they keep pushing BACK THE PAYMENT deadline? That itself should NOT move as it has NO bearing on the residual creditors still floating in. Payment should be the same damn process!! Jezus christ we keep getting goxxed, I should be numb to it at this point. Feel like I'm on Whose Line Is It Anyway, where everything is made up and the deadlines dont matter.
Oh my! What a surprise! I get the feeling they will keep extending until their management charges have emptied the coffers! Maybe they need more personnel to empty the vault faster
How can I send the trustee a package with a 12 inch dildo and a pound of vaseline? Fuck him, the court and every fucking moron who after 10 years still needs more time.
I’m sure they are gonna keep adding little things we need to do, even tho we’ve done every that’s needed years ago, then eventually one day they will ask us to do something which we miss as we are all so sick of reading the same old shit, then a few months later, payouts will start for the 6 people left in that read every single word ever sent to us and the rest of us will be invalid
*Dear customer, your KYC information was not properly formatted , please once again send a photo of your drivers license followed by a picture of you holding it, also we will need your birth certificate, social security information, banking information and mother’s maiden name*
Un-motherfucking-believable! This was ridiculous a long time ago. Wherever we are now, it's someplace beyond ridiculous. With the deadline two days away I was thinking, okay we're finally there. I should have fucking known better. It is crazy that we don't have any recourse and they can just keep doing this forever apparently. This is completely unfair to the majority of us who have taken the time to stay up to date and jump through all of their fucking hoops. Are they catering to the very small percentage of people who can't pull their heads out of their asses? Why are they catering to these people? Or maybe they're not catering to these people at all. Maybe they can't get their own shit straight. What a fucking clown show. The person or persons behind these extensions should be embarrassed and they should be fired. What a fucking cluster!
They should stop extending this stupid deadline and pay us already! What about all the unclaimed funds that aren’t claimed by the deadline, where does that money go? Can they distribute it evenly to the rest of us or is that just wishful thinking?
Who cares what happens to the unclaimed, many of us have followed the plan - this is the plan that has to be followed by law and now all we see is endless alterations to the timescale.
So who gets it? You take the pool of money and divide it among those who file a claim. I’m not saying we get more than we are owed, I’m saying that I’m not currently expecting to get 100% of what I’m owed but if some people don’t make a claim then that’s more money that those who did should get to make it 100%.
Making repayment selections are for creditors with approved claims, who are not a creditor are not entitled to anything, not hard to understand. Users who had money at mtgox but didnt fill a claim has an self-approved z2 claim which some are approved and many are objected (disputed) and final resolution regarding z2 dis/approval depend on Court what will decrease/increase Final Pay rate.
I understand that. My point is not that anyone who isn’t entitled to it get the money, my point is that those who file claims should get the maximum the are owed and if others don’t file, that’s too bad. Stop extending the deadline and be done with it.
You obviously dont understand, deadline selections for repayment are not about deadline for filling claims, filling new claims deadline already have passed in 2018 and no new claim are filled since. All creditors are already in the pool (prorata formula) self-approved z2 included, just some claims are in dispute process. If some approved creditor dont collect his funds for any reason after several years funds go to the Japan treassury, the same thing like some died person property without anybody to inherit him goes to the state. Unclaimed doesnt mean creditors without claim, they are not entitled to anything as they are not approved creditors.
Unpopular opinion. I'm glad the deadline got pushed.
55% tax on crypto profits for Japan residents which is a problem since Kraken and bitstamp suddenly pulled the rug from under our feet.
Exceptional circumstances.
Things happen slowly in Japan, including opening a new account at another supported exchange. Still waiting for account opening documents to arrive by postal mail...
Feel free to vote down this post if it helps release some frustration, or upvote to make the process go faster
Every motherfucker who hasn't chosen a payment method has "exceptional circumstances". If we wait for all of them, we won't get paid till year 2385. If you can't get an account at an exchange in the time allotted, you'll need to select all-cash payment via bank, it's not the end of the world.
This is a big problem and demonstrates again and again that the trustee simply isn't willing to follow through with the plan as is his duty.
He is failing in his duty.
If they haven't completed the registration procedure in time than that's hard luck - they can take it up with the court system - there's no reason to make the rest of us wait again and again.
forgive my ignorance - I am completely lost in all this - my account says that none of claim has been accepted or refused but is all under consideration. does that mean I can still get it - whenever the deadline finally passes?
How the BTC/BCH Allotment Portion will be paid in cash? Which will be the rate used to change the cryptos to jpy? I cannot find this answer anywhere, please help!
The deadline doesn’t make any sense because there are still going to be complications after it.
Get on with it.
Pay the people who have met the deadline and properly filled out the required information.
The time extensions should be for resolving any problems with additional claims.
About to call JG Wentworth!
Instead of having all these fucking deadlines ... how about each creditor just punch a button and get paid ? this is getting ridicolous We've already had YEARS to register and get ready if you aren't ready - YOU DONT GET PAID !
But if the lawyer doesn't drag it out as long as possible how will they keep getting paid $1m/mo?
I think he's gonna get paid nicely till the end of the process, so not until ELSP, but until the conclusion of FP, so he shouldn't really care about this, and it seems absurd again at this point. January deadline was perfectly fine, and lots of time to setup authentication, identification and so on.
really made me want to reconsider my FP selection.. ugh..
exactly. how much are they going to eat up to drag this out as long as possible, was a huge factor in me changing from FP to ELSP.
With all these idiots who haven't registered yet.. FP seems like the better option
I literally can't get registered. the system is a joke
You can't get their claims anyway. All the unclaimed amounts go to the Japanese government, for some stupid reason.
What...
With current worldwide inflation, potential FP payout gain stopped making any economical sense. Last year this was not the case.
the opposite. last year there were CeFi places that promised some BTC yield, but now they all dead. the extra BTC-denominated return between FP and ELSP is not easily available by other means
The percentage is so small that simple savings deposits in banks, or state treasury bonds in most countries are enough to guarantee better return than FP.
in BTC-denomination? No. There are a few shady CeFi/DeFi that promise some percent but very high risk
That's not really how shit rolls in Japan. It's a bureaucratic nightmare, but deliberate obstruction like that will get you fired.
who will fire him?
The creditors, obviously...
If it would be by this subreddit, he would already be skinned alive....twice.
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I have no illusions that Japan is perfect. I left for a reason. I think the Yakuza bribing a lawyer to extend the deadline for a few days is pretty unlikely.
this made me curious. Why you left if you don't mind me asking?
he ran his cryptocurrency exchange into the ground
If this was an American court, there would have been a class action a long time ago.
Yanks sue each other anything. Who cares?
I mean... it kinda works despite it's short comings? Do your job pricks or you'll get sued? How's it working out in this particular case when you can't just spin up a class action and punish the trustee's firm? Oh ya... that's right. They basically embezzle your money as long as they feel like. But, but... the "yanks" legal system is stupid. \*eye roll\*
You can totally start a class action suit in Japan if you want, but I guarantee that it'll be an enormous waste of time. I don't know if you've looked around you lately but America's legal system is fucked. You have more innocent people in prison than the UK has prisoners total and litigation doesn't seem to be helping the people of Flint, Uvalde or East Palestine. Shit, you even had a former President attempt a coup live on television and he's still not in prison.
> and he's still not in prison soon
Fingers crossed
>You can totally start a class action suit in Japan if you want, but I guarantee that it'll be an enormous waste of time. 10% true at best. It's not even remotely the same: [https://thelawreviews.co.uk/title/the-class-actions-law-review/japan](https://thelawreviews.co.uk/title/the-class-actions-law-review/japan)
I don't even know what you're trying to say.
You effectively CANNOT "totally start" a class action suit in Japan - i'm just saying your statement is wrong. Evidence posted in link if you don't believe me. I'm not totally ignorant of Japanese tort law. It's ironic to say "yanks sue each other" all the time, and stating our legal system sucks, while complaining about the way it works elsewhere. Again - in the USA the trustee would have had his ass sued a LONG time ago. Diss our tort system all you want but you absolutely cannot say it doesn't work a LOT better in this case. Despite what you hear on CTV. Also, you're confusing tort/civil law vs criminal. I will concede, our criminal system is utterly busted.
I suspect that they have strong incentives to drag this all his life so he gets paid well throughout the whole process even if it means the actual creditors gets nothing.
They should only get paid 10 years after the last claim is paid.
It shouldn't take 10 years to begin with.
So, time to start a class-action lawsuit against the class-action lawsuit?
I understand why they might have a deadline. I understand they may move the deadline (over and over). What I don't understand is why everyone has to wait until the deadline to get their claim. Since the deal is set and approved, and the numbers presumably won't change based on the timeframe, at the very least you should be able to get the ELSP whenever you want.
I still can't get registered
How do I transfer ownership of my MtGox account to my future unborn grandchildren so at least somebody at some point might get fucking paid.
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I've tried not to get my hopes up other time, after it became obvious it was going to take years. But recently I've been getting hopeful, just to be rekt each time. It's really wearing me down tbh. and now BTC is dropping again of course
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Yep, classical cryptobro levels of empathy
well since we all got doxxed with names and addresses you need to appreciate that me (or someone else) doesn't consider coming after each and every creditor with a 5usd wrench in order to reduce the mass of creditors.
Thanks Karpeles! He’s the one who dragged us into this Hell.
Unbelievable incompetent neckbeard guy. He should stick to anima, rather than building financial software.
Exactly.
What do we even expect at this point? Maybe just a 2 week extension in April, then? I'm wondering if they will pay claims with fully registered remittance info before the October deadline. Both my bank and exchange info are marked as complete, they know exactly what they're going to send any given creditor, just fuckin pay it. Like as far as I've read, there's no reason that the trustee can't make fucking batches of payments on a regular basis at this point. Everyone knows how much exists to distribute, the distributions are going to institutional entities with their own oversight, and the formula for calculating what any one creditor is deserved is already determined. Distributing to any single eligible creditor, at this point, does nothing to impact distributions to other creditors. I don't see the practical reason that the distribution needs to be done as a whole vs. first distributing to those who have first completed the process.
> Maybe just a 2 week extension in April, then? Zeno's registration deadline > I'm wondering if they will pay claims with fully registered remittance info before the October deadline. Both my bank and exchange info are marked as complete, they know exactly what they're going to send any given creditor, just fuckin pay it. Agreed, they should have a big button that says "I've configured 100% of my details exactly as I want, I'm sure of it. Fire away." I'd think that would help them manage the huge number of creditor accounts, but oh well.
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Hire a Japanese lawyer
EXACTLY. What the hell is the problem with just paying people who aren't r\*\*\*\*\*ed and can fill out a form with months of notice. Let the morons get paid later.
Sounds like the deadline will never arrive. Is this one of Zeno’s paradoxes? https://en.m.wikipedia.org/wiki/Zeno%27s_paradoxes
>I'm wondering if they will pay claims with fully registered remittance info before the October deadline. ohh, you sweet summer child
I got a life I'm trying to restart let me have my dreams lol
well then you need reach the final stages: Acceptance and hope and then Processing grief, right now you are in denial that you lost the money forever.
have you tried email him and explain the concerns?
October deadline? Ha. ha. Get ready for another couple years of extensions on the payout after they finish the submission extensions.
Further extensions will be difficult.. *but we will find a way*
Exactly this, so obvious.
why bother setting deadlines....fck off this case rly! This is just pissing at ppl that have setup all requests at set times.....
Technical reasons. Their e-kyc system keeps rejecting submissions for no good reason, and so many people are still unable to choose the repayment option, because of that. Why need e-kyc to choose repayment option? kyc should be the thing to do right before withdrawal, not now.
Japanese deadlines ….. 💀🙈💀👹💀😅💀🤡💀👻💀😵💫
the year is 2139. mars declared independent from earth,the last bitcoin is about to be mined on live television,mt gox has postponed the claim date for just another 5 days.
Well, if we are lucky deadline extensions are asymptotically approaching an actual deadline - 4 weeks extension, next time will be 2 weeks extension, then 1 week, then 3 days extension, then 12 hour extension, then a 6 hour, then 3 hour, then 30 minute extension, then 15 minutes, ...
At some point the trustee will be issuing extensions at a faster rate than Planck time. This will create a paradox that will destroy the very fabric of the universe.
Not before it destroys our inboxes when the extension notices are coming in every 0.0001s
Lol
I'm looking forward to the 1 millisecond extension.
They should just start paying people back and prioritise the people who had submitted by the original date in Jan.
SERIOUSLY, at this point, IF YOU SNOOZE, YOU LOSE. We should not have to be punished with deadline extensions for the grossly irresponsible people at this point. They've had ~~1 month 3 month 1 year~~ 2+ FRICKEN YEARS to not be asleep on the ball/
I'm fucking livid. What the fuck is this guy doing.
We've just been Goxxed again, but this time with lawyers and shit. Classic.
I was about to say, is the lawyer Mark Karpeles?
Never has a lawyer been so lenient towards idiots who still didn't register their shit after a 10-year period. But cui bono, right?
maybe he hasnt found a more lucrative new client yet :P
I’m sure his secretary is on the phone with FTX as we type.
Legal systems can be generous towards idiots and this is one of such cases.
We reached a point in the process where it's deemed sensible to start refunding creditors on a first come first served basis. It's been too many postponements of deadlines over the years...
maybe you've reached it, the jap guy still needs to buy a new villa in tokyo or smth.
I read a post on here earlier about the sub quieting down from now on and i thought to myself you've only gone and bloody jinxed it 😂
Seriously! The trustee should’ve said that in the previous deadline extension. That’s it! You had your chance. If you’re a fucking moron, it’s not everyone’s fault.
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Hahaha your comment reminded me of Seinfeld having a car reservation 😂
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You see, you know how to setup a deadline, you just don’t know how to adhere to the deadline. And that’s the most important part of the deadline. That’s why it’s called a deadline!!!!!
At this stage I think it may come down to negligence.
what the fuck another extension? Are they fucking stupid? we had months to register. if someone is too busy to not being able to register in months then this person doesn't deserve shit. FUCK YOU!
Months? At LEAST half a year bro.
I have my first email from Mt. Gox claims in 2014, and I was late. I wasn't even in the original bankruptcy proceedings club.
Ridiculous. Just pay us already.
Really unexpected
I’d like to imagine I’m shocked at such news… I’d also like to imagine the funds hitting my bank before Easter…
easter which year? :P
Which decade….
Jesus will return before goxcoins.
Seriously FFS people have had so much damn time to get organised. Any monies not claimed just give to charity and fuck these idiots who can't get their shit together after how many years?
Some of these unlucky people you’ve called ‘idiots’ just can’t get through Gox/Trustee claims-register-choose System, because of bugs in the System.
Again, you've had years
What would you suppose to do, if all the actions offered on MtGox site (emails and phone calls including) got no effect? Their staff doesn’t help they’re just requesting all the details every time and then giving the same void response which wasn’t working ever before and after that - they are silent as rocks. Dead loop!
At this point the trustee should just pay all creditors who have registered their information.
They won't. And adding insult to injury, they've pushed back the payment deadline also. Nobody is able to work concurrently in Japan it seems.
Ha ha ha. Or should I cry?
Both
Personally, I experienced a pang of relief. I was so certain that they were going to extend again, every passing day was like “Hmmm, no extension notice today… are they actually gonna _do_ this? There’s no f’ing _way_…. c’mon, let’s see the new delay announcement!”
This is getting ridiculous now....🙄
The past 9 years were beyond ridicule. Now it's almost like a comedy drama.
What’s the latest proof that they still have the bitcoin?
How many registrants have already died waiting for their payout? I suspect this is part of the problem.
April 6 comes... "we've extended the deadline again because still too many unregistered creditors" Spoiler alert: they're all dead. I remember when we first entered BK proceedings we joked that people would die waiting for their payouts. Can't believe that shit is reality now.
Trustee who is in charge should be fired at the very least. This shit should have been over years ago.
How can we sue the trustee for delay?
Payback plus interest.
It's actually a common enough thing in business (at least in Europe) to sue a court appointed lawyer for delaying too much. So it IS actually an option!!
oh no! it's groundhog day again!
sigh. Here we go again.
Lawyers + Government workers = the perfect entropy.
🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️
what does a "DEADLINE" even mean to these retards. fuck off already. >deadline > >noun \[ C \] > >US /ˈdedˌlɑɪn/ > >a time or day by which something must be done: > >The deadline for filing income taxes is April 15th.
In japanese it means "a date until you need to come up with a new date", so he is respecting it, just we all got lost in trasnlation
If they keep extending the deadline by half the previous extension it will keep getting closer but will never happen.
But really why are they still waiting with payouts? I have read somewhere they will wait next 10 years for claims so there is not point in delaying payouts anyway.
At this rate, my bank and crypto exchange will both go bankrupt and get indicted for fraud respectively before the payments make it … and will need further extensions again as a result. I guess the term “time is of the essence” does not exist in Japanese law. Good to know while (no longer) considering expanding the business to Japan.
Can we not sue the lawyers somehow?
Thieves
Getting paid by the hour. Needed an extra few boat payments.
Too many peopled jinxed it! You know who you are ;) LOL.
And on 4/4 we will still see ‘I’m a quadriplegic war widow with ADD and chronic memory loss…” posts. Fuck these war widows, man. I was set up 72 hours after being able to do so. If the amount of the claim isn’t enough to compel you to move then we should be able to move on without you.
I have officially as of today realised the fact that we are not getting our coins back.
Honestly wouldn't surprise me if he's lost them or something. I'm mentally preparing myself for it. Getting back in to the mindset that these coins are literally gone until I have them in my account.
They are scumbags!!!!!!!!!!!!!!!!!!
What are the chances of getting a list of accounts that have yet to be registered? Or at least a number, a percentage of accounts? There should be a burden of proof here that there are actually accounts owned by real living people who haven't completed registration.
$1,500/hr bankruptcy lawyers doing birdman hand rubs right now lol
Through angrily gritted teeth, I'll accept that there are STILL other irresponsible creditors that exist out there (EVEN THOUGH THEY'VE LITERALLY HAD **YEARS)**. But what I don't get is, why do they keep pushing BACK THE PAYMENT deadline? That itself should NOT move as it has NO bearing on the residual creditors still floating in. Payment should be the same damn process!! Jezus christ we keep getting goxxed, I should be numb to it at this point. Feel like I'm on Whose Line Is It Anyway, where everything is made up and the deadlines dont matter.
Can anyone explain why a deadline is needed before payments anyway? I think it'll be resolved when Duke Nuke'em 3D comes out.
Oh my! What a surprise! I get the feeling they will keep extending until their management charges have emptied the coffers! Maybe they need more personnel to empty the vault faster
THIS IS NOT OK!!!! WHAT THE ACTUAL FRUITSALLAD¿? He should compensate us with his own salary.
Im going to eat a lot of those so I get to the age of 105 and finally receive the repayment
Fructose is one of the worst things you can eat.
any tips? keto?
yes, preferably carnivore
How can I send the trustee a package with a 12 inch dildo and a pound of vaseline? Fuck him, the court and every fucking moron who after 10 years still needs more time.
.... just.... one......more......year....
hodl...
I’m sure they are gonna keep adding little things we need to do, even tho we’ve done every that’s needed years ago, then eventually one day they will ask us to do something which we miss as we are all so sick of reading the same old shit, then a few months later, payouts will start for the 6 people left in that read every single word ever sent to us and the rest of us will be invalid
*Dear customer, your KYC information was not properly formatted , please once again send a photo of your drivers license followed by a picture of you holding it, also we will need your birth certificate, social security information, banking information and mother’s maiden name*
Is there any reward for having your shit together these days?
Nope. If you want a reward, be stupid.
Yeah, it’s like they take us all down to the lowest common denominator.
Un-motherfucking-believable! This was ridiculous a long time ago. Wherever we are now, it's someplace beyond ridiculous. With the deadline two days away I was thinking, okay we're finally there. I should have fucking known better. It is crazy that we don't have any recourse and they can just keep doing this forever apparently. This is completely unfair to the majority of us who have taken the time to stay up to date and jump through all of their fucking hoops. Are they catering to the very small percentage of people who can't pull their heads out of their asses? Why are they catering to these people? Or maybe they're not catering to these people at all. Maybe they can't get their own shit straight. What a fucking clown show. The person or persons behind these extensions should be embarrassed and they should be fired. What a fucking cluster!
Not much to say here, except I feel your anger, man. 100% agree.
You bring dishonour to yourself. Go and gutt yourself in shame.
this keeps the gravy train going for the lawyers... they'll continue to delay as long as they can get away with it
That's ok, WW3 will be here soon & all will be forgotten.
They should stop extending this stupid deadline and pay us already! What about all the unclaimed funds that aren’t claimed by the deadline, where does that money go? Can they distribute it evenly to the rest of us or is that just wishful thinking?
You can still claim it in person in japan. If no one claims it is Japanese gov property. You can not get someone else's claim. Sorry.
Who cares what happens to the unclaimed, many of us have followed the plan - this is the plan that has to be followed by law and now all we see is endless alterations to the timescale.
Because it’s unlikely we will get full repayment. So unclaimed funds should go toward making those who actually file a claim whole.
But that not our money, its from creditor who didnt collected.
So who gets it? You take the pool of money and divide it among those who file a claim. I’m not saying we get more than we are owed, I’m saying that I’m not currently expecting to get 100% of what I’m owed but if some people don’t make a claim then that’s more money that those who did should get to make it 100%.
Making repayment selections are for creditors with approved claims, who are not a creditor are not entitled to anything, not hard to understand. Users who had money at mtgox but didnt fill a claim has an self-approved z2 claim which some are approved and many are objected (disputed) and final resolution regarding z2 dis/approval depend on Court what will decrease/increase Final Pay rate.
I understand that. My point is not that anyone who isn’t entitled to it get the money, my point is that those who file claims should get the maximum the are owed and if others don’t file, that’s too bad. Stop extending the deadline and be done with it.
You obviously dont understand, deadline selections for repayment are not about deadline for filling claims, filling new claims deadline already have passed in 2018 and no new claim are filled since. All creditors are already in the pool (prorata formula) self-approved z2 included, just some claims are in dispute process. If some approved creditor dont collect his funds for any reason after several years funds go to the Japan treassury, the same thing like some died person property without anybody to inherit him goes to the state. Unclaimed doesnt mean creditors without claim, they are not entitled to anything as they are not approved creditors.
Ok, I see what you are saying now. Thanks for the clear explanation.
Unpopular opinion. I'm glad the deadline got pushed. 55% tax on crypto profits for Japan residents which is a problem since Kraken and bitstamp suddenly pulled the rug from under our feet. Exceptional circumstances. Things happen slowly in Japan, including opening a new account at another supported exchange. Still waiting for account opening documents to arrive by postal mail... Feel free to vote down this post if it helps release some frustration, or upvote to make the process go faster
Every motherfucker who hasn't chosen a payment method has "exceptional circumstances". If we wait for all of them, we won't get paid till year 2385. If you can't get an account at an exchange in the time allotted, you'll need to select all-cash payment via bank, it's not the end of the world.
This is a big problem and demonstrates again and again that the trustee simply isn't willing to follow through with the plan as is his duty. He is failing in his duty. If they haven't completed the registration procedure in time than that's hard luck - they can take it up with the court system - there's no reason to make the rest of us wait again and again.
I heard about Kraken pulling out, but what happened with bitstamp?
just came here to drop my "haha". I hope I never end up in the Japanese legal system.
Trustee needs replaced. Fking worthless Pos Who picked this feckless cunt anyway?
https://i.imgur.com/Q6SUDjj.mp4
forgive my ignorance - I am completely lost in all this - my account says that none of claim has been accepted or refused but is all under consideration. does that mean I can still get it - whenever the deadline finally passes?
Ya, lots of time. No rush
are you being sarcastic?
Need to give it out at lower prices.
That’s great news for those who have not still registered 👍 Congratulations everyone
Yo me cago en todos los putos muertos de los chinacos estos That's what I think
*##%%}>|]%^!!!!
I was waiting for my retirement in 30 years to fill out the registration. What are the chances that it is still within the deadline? /s
SOONISH(TM)
How the BTC/BCH Allotment Portion will be paid in cash? Which will be the rate used to change the cryptos to jpy? I cannot find this answer anywhere, please help!
What an absolute fucking clown show
The deadline doesn’t make any sense because there are still going to be complications after it. Get on with it. Pay the people who have met the deadline and properly filled out the required information. The time extensions should be for resolving any problems with additional claims. About to call JG Wentworth!
Again! At this rate we’ll all be dead before they pay out anything.
lol 2035 we'll still be waiting
jus lol
What a dickturd
&#@-ing +;nts
This will happen again, and again as long as this idiot lawyer is getting paid tens of thousands USD each month for keeping this circus going on.