Victims of bankrupt Bitcoin exchange Mt. Gox can file a claim until May 29

Customers of the Bitcoin exchange Mt. Gox can claim lost funds. Claims can be submitted until May 29, 2015. You can do this via the Mt. Gox itself as well as through the California Bitcoin exchange Kraken.

Claims can be made through the dedicated Mt. Gox or through Kraken. That’s according to documents posted on the site of Mt. Gox standing. The fact that there are two possibilities to file a claim is because the curator Nobuaki Kobayashi is being helped by the Kraken exchange to investigate the missing bitcoins and to set up a system to handle claims.

From the site of Mt. Gox claims can probably not be paid in bitcoins, with Kraken maybe. Japanese law requires claims to be paid in yen, but this is under discussion. According to the extensive FAQ on submitting claims, both systems have the same functionality. but people who have any claims paid through Kraken may be able to enjoy “certain benefits, such as being paid in bitcoins.”

The rate at which the missing bitcoins are converted is not the current daily rate, but on April 23, 2014, when the stock exchange filed for bankruptcy. So that’s $483 or 50,058.12 yen per bitcoin. It also includes a 6 percent fee for the time between February 25, 2014 and April 23, between which no credits could be withdrawn from Mt. gox.