This article discusses the challenges faced by Mt. Gox creditors as they attempt to claim their repayments on Kraken and Bitstamp, despite finally receiving their lost funds after a decade.
Points
- Kraken is rejecting payouts for Mt. Gox creditors.
- Bitstamp users report receiving less than promised and wrong selling rates.
- Creditors are facing difficulties and delays in claiming their repayments.
Kraken Rejecting Payouts
After a decade of waiting, Mt. Gox creditors are finally receiving their lost funds. However, many are facing issues claiming their repayments on Kraken. Data from Arkham shows that two weeks ago, Kraken received 48,641 BTC intended for Mt. Gox creditors. Despite this, the amount has not reached the creditors.
Source: Arkham
Creditors were given two options for repayment: Bitcoin （BTC） and Bitcoin Cash （BCH）. In some countries, the option to receive repayment in cash is also available. However, creditors are not getting satisfactory replies from Kraken’s support team. Kraken requires creditors to upgrade their accounts to intermediate or pro, causing further delays.
Bitstamp Issues
Some creditors who received BTC as repayment on Bitstamp are facing different issues. Several users have reported receiving less than they were promised. Others have complained about getting incorrect selling rates, with the selling page showing at least 1% lower prices compared to the current bitcoin price.
Source: Reddit
In some cases, Bitstamp is holding funds hostage and demanding video call verifications from creditors who have already verified their accounts. These additional hurdles are causing frustration among creditors who have waited years to get their funds.
Key Takeaways
- Mt. Gox creditors face significant challenges in claiming their repayments on Kraken and Bitstamp.
- Kraken’s account upgrade requirements and Bitstamp’s payout discrepancies are causing delays and frustration.
- There is a need for transparency and support from exchanges to help creditors access their long-awaited funds.
解説
- Delayed Justice: After waiting for nearly a decade, Mt. Gox creditors are finally receiving their repayments. However, the additional hurdles imposed by exchanges like Kraken and Bitstamp are causing significant frustration. This situation highlights the ongoing challenges in the crypto industry related to customer service and transparency.
- Exchange Accountability: The issues faced by creditors underline the need for exchanges to provide better support and transparent processes. Ensuring that users can access their funds without undue delays is crucial for maintaining trust in the crypto ecosystem.
- Investor Protection: As the crypto market evolves, it is essential to implement robust mechanisms that protect investors and ensure that they can recover their assets in a timely and fair manner. The Mt. Gox case serves as a reminder of the importance of regulatory oversight and accountability in the industry.