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Kraken, appointed to oversee what remains of the MtGox estate, says it has reviewed thousands of claims by MtGox's customers, who want their BTC back. Kraken will now hand out millions of dollars in the virtual currency to some of those who lost out at the alleged hands of MtGox CEO Mark Karpeles and company.
The claims stem from the implosion of the world's largest Bitcoin exchange. At the time of its bankruptcy, MtGox said that more than , Bitcoins had gone missing: However, the exchange noted that many of those claims — including a single filing for more than 2 trillion Yen in lost Bitcoin — had been denied. The Gathering exchange site, MtGox arose as the largest exchange market for Bitcoins and subsequently failed after administrators claimed the site had fallen victim to a massive cyberattack resulting in the loss of customer deposits.
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