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on Feb 25, 2014
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The Mt. Gox alleged insolvency document has been p...
According to that document, they only have enough assets to pay 0.1%-0.3% of customer deposits. That's a 100% loss to customers.
There's no way the other Bitcoin users can afford to pay 100M to bail out their customers.
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There's no way the other Bitcoin users can afford to pay 100M to bail out their customers.