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- This strikes many people -- particularly Mt. Gox's customers -- as unfair. They had bitcoins worth (say) $500. Mt. Gox lost them. Now those bitcoins would be worth $6,500. Mt. Gox is going to give the customers back the $500 -- the amount of their claims in fiat currency -- and keep perhaps a billion dollars for itself.
The drama that keeps on giving.
I work for FMZ Quant, www.fmz.com, a quantitative platform about crypto trading in China, and my colleagues and I all believe in bitcoin. I'd like to make friends here, maybe we can discuss trading strategy if u are interested in quantitative trading. thanks