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Yes, they seem to be gone, but the leaked document [0] shows that major stakeholders plan to inject coins back in to cover losses, and to run the new Gox.com so
by berberous 13y ago
Yes, they seem to be gone, but the leaked document [0] shows that major stakeholders plan to inject coins back in to cover losses, and to run the new Gox.com so that it's profits go to stakeholders with losses.
The "Strategy Timeline" page says "50% covered", which sounds to me like the other big exchanges think that between bailout and arbitrage they can cover that amount initially, and hopefully earn the rest back over time. I could definitely be misreading the document. Take a look yourself. And of course, the best laid plans often go awry....
Sorry, by the way. That sucks big time.
[0] http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-S...