Some of the digital currencies have been recovered since the stock market broke, but many of them are still lost. For each Bitcoin filed for bankruptcy, the estate has only 0.23 coins to shell out. On the positive side, Bitcoin traded at $ 489 when Mt. Gox went bankrupt and is currently trading around $ 37,000 at the time of this writing – about 75 times more. This means that if you had 100 bitcoins worth $ 48,900 in 2014, you could now have 23 worth approximately $ 850,000.
Mt. Gox’s litigation dragged on in part because of a $ 16 billion CoinLab claim that observers called “the elephant in the room”. However, the new agreement may allow smaller investors to recover their funds. In 2019, the old Monte. Gox CEO Mark Karpeles was not found guilty of bankruptcy-related fraud, but he was convicted of tampering with his records and received a 2.5-year suspended sentence.