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(August 5th, 2015: We are no longer available for NY residents.)

What's going on with Mt. Gox?

If you have a "goxbtc" balance from back in 2014, don't worry, it is still untouched on your account.

As the Japanese trustee works through the bankruptcy proceedings, we will continue to represent the interests of Bitcoin Builder users (and all Mt. Gox depositors) to the best of our ability. If there are any actions we need you to take, we will email you directly, and generally announce them on twitter. We do not expect there to be any.

For any funds you have on Bitcoin Builder, no action needs to be taken at this time. You can choose to sell your GOXBTC to us at a rate of .115 BTC each if you would prefer to forgo the extra time and uncertainty of letting this whole thing play out.

If you had your own mtgox account with any assets in it you should have filed your own personal claim individually. If you were rejected, unfortunately we have no power over that decision by the trustee... we have heard of users with GOXBTC they bought on BB whose claims were rejected, but also ones whose claims were accepted. We unfortunately don't have any special insight into, or influence over, how these determinations were made. We will be happy to assist in any records you might want to show the trustee, keep in mind your full transaction history with us is still up on your account if you sign in.

An update from May 2020:

Our civil rehabilitation claim has been fully accepted (as of course it should have been).
It is still unclear when any distribution might come, but it might be in the ballpark of 12-18 months, but could be more.

Hang in there!

Josh Jones
CEO and Founder
Bitcoin Builder, Inc.