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title: "This is like dodging a bullet, and the bullet striking your long lost…"
date: 2017-11-10
source: facebook
type: Archer T. Ships shared a link.
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# This is like dodging a bullet, and the bullet striking your long lost…

*November 10, 2017 · Facebook*

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[https://www.cryptocoinsnews.com/mark-karpeles-will-end-taking-859-million-mt-gox-bankruptcy/](https://www.cryptocoinsnews.com/mark-karpeles-will-end-taking-859-million-mt-gox-bankruptcy/){target="_blank"}
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This is like dodging a bullet, and the bullet striking your long lost billionaire uncle. Though I wonder if some of the less savory customers of Mt. Gox will try to collect extra-judicially.\
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\"On paper, the company of Karpeles, called Tibanne, owns about 88% of Mt. Gox as per the WSJ. After the bankruptcy filings are settled, Mt. Gox will be left with a surplus of \$977 million worth of bitcoins. Out of that, 88 percent will be granted to Karpeles and in the end, after losing more than \$7 billion of user funds, Karpeles will take home \$859 million for his role in the demise of Mt. Gox.\
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[https://www.cryptocoinsnews.com/mark-karpeles-will-end-taking-859-million-mt-gox-bankruptcy/](https://www.cryptocoinsnews.com/mark-karpeles-will-end-taking-859-million-mt-gox-bankruptcy/){target="_blank"}
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