An evaluation of Mt. Gox creditor claims – Blockchain Analysis Lab

BRL Analysis Word #1: An evaluation of Mt. Gox creditor claims

Mt. Gox launched in 2010 and as soon as hosted greater than 70% of worldwide Bitcoin buying and selling quantity earlier than collapsing and ceasing operations in February 2014 and submitting for chapter. Customers who had a stability in BTC or any fiat forex on the time when Mt. Gox ceased operations have been capable of file a declare with the Mt. Gox trustee in command of the chapter process. After greater than eight years, the Mt. Gox trustee introduced on July 06th, 2022, that it might “prepar[e] to make repayments” ranging from “roughly finish of August”, 2022.

On this analysis word, we analyzed information from the listing of all 22,560 particular person collectors. The overall claims quantity to $18.6 billion in BTC and BCH and $48.1 million in USD. Claims amongst collectors are extremely concentrated. The underside half of collectors have mixed declare of 1.3% of the whole $18.6 billion ($240 million). In distinction, the highest 1% of collectors collectively account for over 50% of all claims. The highest 0.1% – solely 23 claims – share 27.3% of all claims, or $5.1 billion.

Hyperlink to the analysis word: An evaluation of Mt. Gox creditor claims