<p>It would depend on what the bankruptcy laws are in Japan and if the exchange has any assets or Bitcoins left.</p>

<p>Then it depends on how much the legal fees are involved it finding and converting all these into cash.</p>

<p>You should make sure you are included in the list of creditors or you will have no chance for a recovery of anything. And if you do recover, it will usually be pennies on the dollar.</p>

CC BY-SA 3.0
2014-02-28T19:14:17.760Z
How do you get included in the list of creditors?
David Riccitelli
CC BY-SA 3.0
2014-02-28T21:29:12.113Z
I could tell you in the USA, but I do not know for Japan. I would start with a Google search of Japanese bankruptcy law.
Mike
CC BY-SA 3.0
2014-02-28T18:03:43.317Z
2014-02-28T18:03:43.317Z
Mike
<p>Given the recent events and today's news about MtGox filing for <em>bankruptcy</em>, is my money on MtGox completely lost? and what are my options now?</p>

CC BY-SA 3.0
2014-02-28T16:50:51.087Z
news today eg yahoo [tokyo bitcoin exchange files for bankruptcy](http://news.yahoo.com/tokyo-bitcoin-exchange-files-bankruptcy-102841684--finance.html). the japanese govt (finance minister Taro Aso) is saying its not a real currency and that ppl should talk to their consumer affairs (protection?) agency.
vzn
<mtgox>
MtGox money completely lost?
David Riccitelli
# MtGox money completely lost?

(Asked by: username_0 on 2014-02-28)

Given the recent events and today's news about MtGox filing for *bankruptcy*, is my money on MtGox completely lost? and what are my options now?

**Tags:** mtgox

> **Comments:**
> **username_1**: news today eg yahoo [tokyo bitcoin exchange files for bankruptcy](http://news.yahoo.com/tokyo-bitcoin-exchange-files-bankruptcy-102841684--finance.html). the japanese govt (finance minister Taro Aso) is saying its not a real currency and that ppl should talk to their consumer affairs (protection?) agency.  

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## 1 answers

### Answer by username_2 on 2014-02-28. Score: 1

It would depend on what the bankruptcy laws are in Japan and if the exchange has any assets or Bitcoins left.

Then it depends on how much the legal fees are involved it finding and converting all these into cash.

You should make sure you are included in the list of creditors or you will have no chance for a recovery of anything. And if you do recover, it will usually be pennies on the dollar.

> **Comments:**
> **username_0**: How do you get included in the list of creditors?  
> **username_2**: I could tell you in the USA, but I do not know for Japan. I would start with a Google search of Japanese bankruptcy law.  

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