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Mt. Gox

U.S. bankruptcy approved

17 Jun, 2014

U.S. Bankruptcy Judge Stacey G. Jernigan accepts Mt. Gox’s  U.S. filing and recognizes Mt. Gox’s Japanese bankruptcy as the foreign main proceeding. The ruling empowers the company’s Japanese trustee to examine witnesses, gather and review evidence, and oversee assets in the U.S. She says

This is really going to be all about the customers, who make up almost all of the creditors, and trying to get them a recovery