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Mt.Gox: Mark Karpelès comments on Brock Pierce's takeover plans

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February 12, 2019
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Former Hollywood actor Brock Pierce wants to acquire the rights to the remnants of Bitcoin's Mt.Gox. Your CEO Mark Karpelès has now commented on the plans.

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It can not be said otherwise: it is an unholy alliance that Brock Pierce plans. When it comes to the ideas of the former Hollywood star, he buys the rights to the nefarious Bitcoin Exchange Mt.Gox and tries to compensate the creditors with ICO. These are currently waiting for their lost Bitcoin. The Bitcoin market went bankrupt because it was allegedly hacked. In retrospect, there were considerable doubts about this attack. Based on the current state of knowledge, it seems likely that the former CEO and some of his employees have fled from the supposedly hacked cryptocurrencies. This is apparently coming to an end according to the plans of Brock Pierce.

Mark Karpelès told crypto magazine The Block that Pierce's plans are unlikely. Accordingly, he received a purchase request by letter. He never answered. In addition, the condition for the sale of the deposits of Mt.Gox is a court approval. In addition, upon receipt of the letter, an agreement must be reached within 45 days. Neither one nor the other, according to Karpèles, ever took place. In this context, the former CEO of Bitcoin Exchange summarized:

The letter has no meaning.

Plans by Pierce are "groundless"

In addition, the percentage of Mt. Gox, which Pierce already hold, means emptiness. Because the Mt.Gox guidelines provide that all shareholders agree to a sale of company shares. This had never happened before, as Karpelès emphasized to TheBlock. The plans of Brock Pierce to compensate for the takeover of the bruised former users are thus finally obsolete:

The story of Pierce says he's nice enough to pay a surplus to the creditors, but that does not exist anyway. And even if there is one, he is not a member of Mt.Gox, so [his plans] are groundless

Post source: Mt.Gox: Mark Karpelès comments on Brock Pierce's takeover plans

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