Mt. Gox opens up a call center to answer the $400 million dollar question… WTF happend to my money?!?!!?

Mtx gox opens call center

Mtx gox opens call center

Mt. Gox has about 400 million dollars worth of clients’ questions to answer, and it will attempt to achieve this by opening a call center.

The business said the call center would open Monday at 10 a. m. Japan time (Sunday at 8 p. m. ET) in an update posted its website Sunday morning. Once the world’s premier Bitcoin exchange, Mt. Gox closed its digital doors last week and later filed for bankruptcy after information leaked that it had lost about 750, 000 bitcoins – worth about $420 million by current exchange rates – belonging to customers and yet another 100, 000 of its own bitcoins.

In addition to announcing the decision center, Mt. Gox promised an update on its try to file for bankruptcy under Japan’s Civil Rehabilitation Law, which allows a company to restructure in try to rebuild similarly to U. S. chapter 11 bankruptcy.

It’s not clear what, if any, answers Mt. Gox will be able to provide concerning the lost bitcoins. The business blamed a vulnerability to the Bitcoin system known as “transaction malleability” for the disappearance. There’s widespread consensus in speculation from Bitcoin community that the funds were stolen and so are gone for good, in place of in some kind of digital purgatory waiting to be reclaimed.

Mashable has been in contact with a Miami resident in his late 20s who said that he lost more than $600, 000 worth of bitcoins in the Mt. Gox collapse. That he provided this screenshot of his Mt. Gox account dashboard as proof. The Bitcoin entrepreneur, who asked to stay anonymous, said that he plans to call the hotline, but that he has “no idea what that’ll entail. ”

Other who lost money are already pursuing action against Mt. Gox. Chicago-based law firm Edelson PC filed a class action suit against Mt. Gox on behalf of all U. S. residents who lost money. Edelson will attempt to prove that Mt. Gox defrauded its customers, which could leave the business legally culpable because of its clients’ losses even though it does receive bankruptcy protection.

Another band of investors has toyed with the idea of overtaking Mt. Gox and running it as a new exchange in attempt to recoup losses.

With no relief around the corner for these investors, the $400 million Bitcoin question may be: For whom should we feel worse, the investors who lost their bitcoins or the decision center employees who’ll be answering the investors’ phone calls?

How much are they paying these people to take THESE calls.. NOT ENUFF!!

Hey geniuses , ever heard the term “decentralized currency”?? In simple terms, it means the PEOPLE control the currency, and verify the transactions. It is not controlled, or governed by banks or government. Basically your on your own. Any clown that has is stupid enough to keep large stacks of cash in something like this deserves to lose it.