本調査委員の調査事項が追加された。これにより、本調査委員は、本民事再生手続の再生計画案の当否について調査を行うほか、本民事再生手続について裁判所から意見を求められた事項等について調査を行い、裁判所に意見を述べることになった。

第２１

再生債務者の業務及び財産に関する経過及び現状
再生債務者の業務に関する経過及び現状
再生債務者は、現在業務を行っていない。

２

再生債務者の財産に関する経過及び現状(1) 破産債権者の利益確保措置
破産債権者の利益確保措置の概要については、添付「破産債権者の利益確保措置に関するお知らせ」を参照されたい。

(2) 再生債務者が保有する現預金の状況
再生債務者が保有する現預金の状況は、財産目録及び貸借対照表記載のとおりである。平成30年9月25日現在、当職が確保している預金残高は696億7553万8357円であり、本破産手続における第10回債権者集会時（本年3月7日）から約255億0500万円増加した。
但し、当職が確保している預金残高のうち、158 億 9453 万 0915 円（なお、信託に関し諸費用に充当することが見込まれる金額を含む。）については、当該金銭を信託財産とした信託が設定されている（添付「破産債権者の利益確保措置に関するお知らせ」
参照）。

(3) 再生債務者が保有する BTC の状況
平成 30 年 9 月 21 日時点において再生債務者が保有するビットコイン（以下「BTC」という。）は、141,686.35236435BTC である。当職は、現在も引き続き再生債務者が保有する BTC の有無を調査しており、かかる BTC が発見され次第、当職が管理するアドレスに移動させる予定である。また、同日時点において破産財団で管理するビットコ
インキャッシュ（以下「BCH」という。）は、142,846.35166254BCH である。
BTC の分裂により誕生した仮想通貨は、再生債務者に属する BTC から分裂したものに関しては、再生債務者に属すると考えている。
なお、BTC の保有状況等に関する調査中であるため、財産目録及び貸借対照表には、再生債務者の保有する BTC 及び BTC から分裂した仮想通貨は記載していない。

第３１

再生債権届出の開始
オンライン方法による再生債権届出
当職は、本破産手続と同様に、MTGOX のビットコイン取引所のユーザー（以下「ユーザー」という。）がウェブサイト上で、MTGOX に対する仮想通貨及び金銭の返還に関す

2

る債権（以下「取引所関係再生債権」という。
）の届出等を行うことができるシステム（以下「本システム」という。）を構築し、平成 30 年 8 月 23 日に公開した（https://claims.mtgox.com/assets/index.html#/）。本システムを利用する方法（以下「オンライン方法」という。）により、世界中のユーザーが、時間と費用をかけずに、簡易に、
日本の民事再生法及びその他の法令に従って取引所関係再生債権の届出をして、本民事再生手続に参加することができる。オンライン方法による届出は、本民事再生手続の適正かつ円滑な遂行が確保できるようになるという点で、ユーザー自身を含む本民事再生手続の全ての関係者の利益になると考えられる。

２

オフライン方法による再生債権届出
あわせて、当職は、オンライン方法を利用できないユーザーのために、再生債権届出書の書式（以下「本届出書式」という。）を用意し、平成 30 年 8 月 23 日に公開した。
オンライン方法を利用できないユーザーは、本システムより本届出書式をダウンロー
ドしてコンピューター上で必要な事項を入力し、印刷して署名又は記名押印したもの
を再生管財人室宛てに郵送する方法（以下「オフライン方法」という。）により、取引所関係再生債権の届出をする必要がある。

３

記載要領及び Q&A 等
オンライン方法及びオフライン方法の記載要領、再生債権の届出に関する Q&A 等は、当職の管理するウェブサイト（https://www.mtgox.com/）に公開しているので適宜参照されたい。

４

再生債権届出期間
東京地方裁判所が定めた再生債権の届出期間は平成 30 年 10 月 22 日（日本時間）までとなっているので、必ず届出期間内に再生債権の届出を行っていただきたい。

第４

BTC 消失経緯等調査
当職は、本破産手続に引き続き、BTC 及び法定通貨の消失の有無・経緯等に関し、調査を進めている。また、当職は、警視庁などの捜査機関の捜査協力要請に対し、今後も協力を行っていく方針である。
存在する情報が限られていること等の事情もあり、全容の把握は難しいと考えているものの、今後も、可能な限り、調査を続行する予定である。
なお、米国司法省は、平成 29 年 7 月 26 日、仮想通貨取引所運営者の Alexander Vinnik
が 40 億ドル以上のマネーロンダリングに関与した容疑で逮捕・起訴されたと発表した。
公訴事実には MTGOX へのハッキングにより資金を盗取した事実も含まれている。

3

第５

関連会社等
再生債務者は、以下の関連会社等に対し債権を有すると考えているため、その回収に努めている。

１(株)TIBANNE
本破産管財人は、平成27年5月15日、本破産者の親会社である(株)TIBANNE の破産手

続（東京地方裁判所平成27年(フ)第585号）において、破産債権の届出（届出金額25,841,657,102円。なお、平成27年11月19日に306,362,100円を取り下げている。）を行ったが、破産管財人粟田口太郎弁護士より異議を述べられたため、平成27年10月13日、破産債権査定の申立てを行った。現在、(株)TIBANNE の破産手続において査定手続が係属している。

２(株)Bitcoin. Café
本破産管財人が（株）Bitcoin. Café の破産手続において行った破産債権の届出（届

出金額60,710,136円）について、当該届出を認めることを内容とする裁判所の判断が確定している。

３

カルプレス・マルク・マリ・ロベート
再生債務者の代表取締役であったカルプレス・マルク・マリ・ロベートについて破産手続（東京地方裁判所平成27年(フ)第9170号）が係属している（破産管財人坂口昌子弁護士）。
また、同人について、私電磁的記録不正作出・同供用罪及び業務上横領罪等を公訴事実とする刑事公判が続いている。なお、同人は、平成28年7月14日に保釈されている。
本破産管財人は、平成29年2月6日、同人の破産手続において、破産債権の届出（届
出金額25,190,162,021円）を行った。

第６外国倒産手続の承認援助申立て
本破産手続において、本破産管財人は、再生債務者の海外資産を保全するため、米国テキサス州北部地区連邦裁判所により、米国連邦倒産法第15章に基づく外国主手続の承認決定を受けていた。また、本破産管財人は、英国及びカナダにおいて、それぞれ本破産手続を外国主手続とする承認手続の申請を行い、英国高等法院及びカナダオ
ンタリオ州上級裁判所より承認決定を受けていた。
その後、本民事再生手続が開始したことにより、本破産手続は停止した。それに伴い、当職は、本民事再生手続における管財人として、米国テキサス州北部地区連邦裁
判所、英国高等法院、及びカナダオンタリオ州上級裁判所に対して、本民事再生手続の開始を通知しており、各法域において必要となる手続をそれぞれ行っている。

4

第７

民事再生法第 142 条第 1 項の規定による保全処分又は同法第 143 条第 1 項の規定による役員責任の査定裁判を必要とする事情の有無
民事再生法第 142 条第 1 項の規定による保全処分又は同法第 143 条第 1 項の規定による役員責任の査定裁判を必要とする事情の有無については、調査中である。

第８１

その他民事再生手続の進行に関する事項
破産債権査定手続及び破産債権査定異議訴訟等
本破産手続において係属していた破産債権査定手続（申立人 CoinLab, Inc.及び申立人(株)TIBANNE）並びに破産債権査定異議訴訟は、今後、本民事再生手続において解決が図られる。以上の他、再生債務者の財産関係の訴訟についても、可及的速やかに終了させるよう努める。

２

民事再生手続の今後の予定
本民事再生手続の今後の予定は以下のとおりである。ただし、下記日程は、今後の手続の進行により変更となる可能性がある。

３①再生債権の届出期限

平成 30 年 10 月 22 日

②財産評定書の提出期限

平成 30 年 12 月 27 日

③認否書の提出期限

平成 31 年 1 月 24 日

④再生債権の一般調査期間

平成 31 年 1 月 31 日～同年 2 月 7 日⑤再生計画案の提出期限

平成 31 年 2 月 14 日

その他必要な情報のウェブサイトでの提供
本件では、極めて多数の債権者が各国に存するため、本件に関し債権者に必要な情報等は、可能な限り、当職の管理するウェブサイト（https://www.mtgox.com/）にて随時公表する予定である。
以5上平成 30 年 9 月 25 日
関係者各位
再生債務者 株式会社 MTGOX
再生管財人 弁護士 小 林 信 明
問合せ先 コールセンター(03-4588-3921)
破産債権者の利益確保措置に関するお知らせ

株式会社 MTGOX（以下「MTGOX」といいます。
）の破産手続（以下「本破産手続」といいます。）における本年 2 月 28 日付調査報告書では、MTGOX の民事再生手続（以下「本民事再生手続」といいます。）の開始の条件として、「現時点までに組成された財団の規模に照らして、同破産事件において債権届出をした全債権者（とくに金銭債権たる破産債権を有する債権者各自）が当該破産手続においてすでに得ていると見込まれる利益を確保する措置が、再生手続開始決定前（破産手続中止前）になされていること」が求められていました。
これを踏まえて、裁判所、調査委員及び破産管財人との間で協議を行った結果、破産管財人は、破産債権者が本破産手続において既に得ていると見込まれる利益を確保する措置として、本民事再生手続の開始前に、一定の措置を講じました。
本書面において、破産管財人が講じた措置の概要についてお知らせいたします。
第１ 破産債権届出をした全破産債権者の利益を確保する措置
破産管財人は、破産債権届出をした全破産債権者が本破産手続において既に得ていると見込まれる利益を確保する措置として、本破産手続の第 10 回債権者集会（本年 3 月 7 日）から本民事再生手続の開始までの間に、破産財団に属するビットコイン（以下「BTC」といいます。）及びビットコインキャッシュ（以下「BCH」といいます。）の一定数量を売却し、破産財団に一定額の金銭を確保しました（以下「本売却」といいます。）。
１ 本売却の概要
本売却における売却数量及び破産管財人口座への入金額は以下のとおりです。
仮想通貨の種類
売却数量
破産管財人口座入金額
BTC
24,658.00762BTC
225 億 6100 万 4011 円
BCH
25,331.00761BCH
34 億 1469 万 8341 円
合計入金額
1

259 億 7570 万 2352 円

２

本売却を実施した理由
裁判所及び調査委員と協議した結果、破産管財人は、本破産手続において届
け出られ、存在するものとして確定した破産債権及び未確定の破産債権の元金及び遅延損害金（BTC 債権（BTC から分岐した仮想通貨の返還に関する債権を含む。以下同じ。）及び金銭債権を合わせて約 733 億 7300 万円）について、その債権者が本破産手続において既に得ていると見込まれる利益を確保するために相応の金銭を確保することが必要かつ相当であると判断し、本売却を実施しました。
本売却の結果、破産管財人口座残高は、後述の本信託契約に基づく信託の直前の時点で約 700 億 5900 万円となりました（後述のとおり、破産管財人は、約700 億 5900 万円のうち 158 億 9453 万 0915 円を信託財産として信託を設定しました。）。
第２ 破産債権届出をした金銭債権者の利益を確保する措置
破産管財人は、破産債権届出をした金銭債権者が本破産手続において既に得ていると見込まれる利益を確保する措置として、株式会社三井住友銀行（以下「三井住友銀行」といいます。）との間で、信託契約（以下「本信託契約」といいます。）及び保証委託兼保証契約（以下「本保証委託兼保証契約」といいます。）
を締結することにより、信託（以下「本信託」といいます。）及び保証の仕組みを設定しました。
１

本信託契約及び本保証委託兼保証契約の概要
本信託契約及び本保証委託兼保証契約の概要は以下のとおりです。

(1) 本信託契約の概要
委託者兼受益者： 破産管財人（本民事再生手続開始後は再生管財人）
受
託者： 三井住友銀行
信 託 財 産： 158 億 9453 万 0915 円（信託設定時の金額。なお、諸費用に充当することが見込まれる金額を含む。）（以下「本信託財産」といいます。）
信 託 の 目 的： 委託者が、金銭を受託者に信託し、受託者が、受益者のために、本信託財産のみを引き当てとして、破産債権届出がなされた金銭債権（本民事再生手続において存在するものとして確定する金銭債権等に限る。以下同じ。
）に係る債務を保証等すること(2) 本保証委託兼保証契約の概要
本信託の受託者としての三井住友銀行は、本信託財産のみを引き当てとして、
2

破産管財人（本民事再生手続開始後は再生管財人）と連帯して破産債権届出がなされた金銭債権に係る債務を保証等する。
本保証委託兼保証契約は、破産管財人を要約者、本信託の受託者としての三井住友銀行を諾約者、破産債権届出をした金銭債権者を民法第 537 条の「第三者」とした第三者のためにする契約とする。
２

本信託契約及び本保証委託兼保証契約のスキーム図
本信託契約及び本保証委託兼保証契約のスキームを簡単に図で表すと以下のとおりです。
三井住友銀行本信託財産①本信託契約による②本保証委託兼保証契約

信託設定による保証債権等の取得（※）※後述のとおり、民法第 537

破産管財人（再生管財人）
金銭債権
MTGOX

破産債権届出

条の「第三者」として受益をした金銭債権者の意思表示を行った場合等に限る。

３

本信託契約及び本保証委託兼保証契約を締結した理由
裁判所及び調査委員と協議した結果、破産管財人は、本破産手続において届け出られた金銭債権の元金及び遅延損害金（合計約 178 億 6400 万円）
について、その債権者が本破産手続において既に得ていると見込まれる利益に相応する金銭を信託財産とする信託を設定し、当該信託財産のみを引き当てとして、破産債権届出がなされた金銭債権に係る債務を保証等することが必要かつ相当であると判断し、三井住友銀行との間で本信託契約及び本保証委託兼保証契約を締結しました。
なお、本民事再生手続において非金銭債権として取り扱われる BTC 債権についても、本売却により、BTC 債権者が本破産手続において既に得ていると見込まれる利益を確保するために相応の金銭は確保しております。したがって、破産管財人は、BTC 債権については、本信託契約及び本保証委託兼保証契約によって利益確保措置を講じなくとも、本破産手続において既に得ていると見込まれる利益を確保することが可能であると判断し、本信託契約及び本保証委託兼保証
3

契約で保護される債権に含めておりません。
４

本信託契約及び本保証委託兼保証契約の意義
本信託契約及び本保証委託兼保証契約により、本破産手続において届け出られた金銭債権について、その債権者が本破産手続において既に得ていると見込まれる利益は、本信託財産のみを引き当てとする保証債権等により保護されると考えられます。
再生管財人は、本破産手続において届け出られた金銭債権がこのように保護されたことを踏まえた内容の再生計画を作成し、かつ、当該再生計画に基づき主債務である当該金銭債権に対する弁済を行うことを検討しております（当該弁済を行う場合、本信託契約及び本保証委託兼保証契約に基づく保証債務等の弁済は不要になると考えられます。
）。
なお、破産債権届出をした金銭債権者は、一定の期間内に本件保証委託兼保証契約の定めに従い、民法第 537 条の「第三者」として受益の意思表示を行った場合等に限り、保証債権等による保護を受けることができます。
本信託契約及び本保証委託兼保証契約の詳細並びに受益の意思表示の方法（再生管財人にて受け付けること、保証債務等を弁済する場合の振込送金先となる口座情報等をご提示いただくこと等を含みます。
）等については、後日改めてお知らせいたします。
以

4

上

収

支

計

自 平成３０年
至 平成３０年算書

６月 ２２日
９月 ２５日平成２９年（再）第３５号
再生債務者 株式会社ＭＴＧＯＸ
管財人 弁護士 小林 信明（単位：円）

番号

収

入

摘

要

の

部

支

出

摘

要

の

部

金額

番号

金額

69,775,184,972

1

事務費

2,504,263

1

引継現預金

2

受取利息

221,0632

再生手続申立予納金

8,100,000

3

雑収入

8,372

3

専門家報酬

27,568,026

4

業務委託報酬

2,026,505

5

管財人室家賃・敷金

6

公租公課（破産管財人報酬の源泉所得税等）

7

コールセンター費用

合計69,775,414,407

合計454,248
58,820,445
402,563
99,876,050

差引残金※※ 信託財産15,894,530,915円が含まれている。

69,675,538,357

平成２９年（再）第３５号
再生債務者 株式会社ＭＴＧＯＸ
管財人 弁護士 小林 信明（再生手続開始の決定日：平成３０年６月２２日現在）

貸借対照表（単位：円）
科目
現

金

短

期

未

及

び
貸

収

評価額 ※１

科目
掛

預金

69,775,184,972 買

付

金

0短

金

0預

入

他

社

預

け

金

0再

貸

倒

引

当

金

0

金

0

敷

資

産

計 ※2

69,775,184,972 負

期

評価額 ※１

借

入

り
生

債

債

金 ※3

額未定

金 ※3

額未定

金 ※3

額未定

権 ※3

額未定

計

額未定

※1 評価明細については、「財産目録」を参照※2 再生債務者が保有するBitcoin及びBitcoin Cashは、上記資産には含まれていない。なお、平成30年9月21日時点において管財人にて管理するBitcoinは、141,686.35236435BTCであり、Bitcoin Cashは、142,846.35166254BCHである。
※3 債権調査手続き未了のため、再生債権を含む負債項目については現状では「額未定」としている。
また、帳簿上は計上されていないユーザーからの預かりビットコイン債務が再生債権として認識される見込である。
※4 本貸借対照表の記載は、現時点での調査結果に基づく内容であり、今後の調査により本貸借対照表に記載のない資産又は負債が判明する可能性がある。

平成２９年（再）第３５号
再生債務者 株式会社ＭＴＧＯＸ
管財人 弁護士 小林 信明

財

産

目

録
（開始決定日：平成３０年６月２２日現在）

資産の部（単位：円）

番号 科目
1

2

帳簿価額

評価額

備考

現金及び預金69,775,184,972

69,775,184,972

管財人口座

53,880,654,057

53,880,654,057 開始決定日の帳簿価額（実際残高）で評価

信託口座

15,894,530,915

15,894,530,915 開始決定日の帳簿価額（実際残高）で評価

短期貸付金

969,283,889

0772,791,001

0 再生債務者の関係会社、平成27年1月30日破産手続開始決定。ゼロ評価とする。

㈱Bitcoin cafe

60,000,000

0 再生債務者の関係会社、平成26年6月18日破産手続開始決定。ゼロ評価とする。

カルプレス・マルク・マリ・ロベート

136,175,781

0 再生債務者の代表者。平成27年11月10日破産手続開始決定。ゼロ評価とする。

㈱TIBANNE

MTGOX HongKong

317,1070 再生債務者の関係会社。弁済請求中だが、回収可能性不明のため、ゼロ評価とする。

562,0260562,026

0 短期貸付金の未収利息。短期貸付金と同様にゼロ評価とする。

3

未収入金

4

他社預け金

500,000,000

0CoinLab

500,000,000

0 訴訟継続中、保守的にゼロ評価とする。

5

貸倒引当金

△ 333,748,657

6敷金㈱TIBANNE

0 開始決定日の帳簿価額による。評価では全額戻し入れ。

721,200

管財人室敷金資産合計

0721,200
70,912,003,430

0 原状回復費用を考慮してゼロ評価とする。
69,775,184,972

帳簿価額

評価額

負債の部
番号 科目
1

買掛金

2

短期借入金

3

預り金

4

再生債権（一般破産債権）㈱TIBANNE㈱TIBANNE
源泉所得税

額未定

270,746,358

額未定

31,285,135

額未定

31,285,135

額未定

58,664,356

額未定

58,664,356

額未定

備考
再生債務者の関係会社であり、平成27年1月30日破産手続開始決定。
再生債務者の関係会社であり、平成27年1月30日破産手続開始決定。

45,997,197,427

額未定

2,936,270

額未定

帳簿価額は、破産手続における認否額によって計上している。

取引所債権

45,994,261,157

額未定

帳簿価額は、破産手続における認否額によって計上している。

劣後的破産債権

10,872,287,267
57,230,180,543

額未定
額未定

帳簿価額は、破産手続開始決定日後の遅延損害金を概算計上している。

非取引所債権5

270,746,358

負債合計※1 「簿価」は、平成30年6月22日現在の再生債務者の帳簿価額を記載しており、当該金額が実際の換価額と一致するものではない。
※2 再生債務者が保有するBitcoin及びBitcoin Cashは、上記資産には含まれていない。なお、平成30年9月21日時点において管財人にて管理するBitcoinは、141,686.35236435BTCであり、Bitcoin Cashは、142,846.35166254BCHである。
※3 本目録の記載は、現時点での調査結果に基づく内容であり、今後の調査により本目録に記載のない資産又は負債が判明する可能性がある。

[Translation]
Tokyo District Court 2017 (sai) No. 35
Rehabilitation Debtor: MtGox Co., Ltd.

Report under Paragraph 1 of Article 125 of the Civil Rehabilitation Act
September 26, 2018
(Updated on December 3, 2018)
To: Tokyo District Court, Collegiate Section of 20th Civil Division
Rehabilitation Debtor: MtGox Co., Ltd.
Rehabilitation Trustee: Nobuaki Kobayashi, Attorney-at-law

I.

Circumstances Leading to Commencement of Rehabilitation Proceedings
On November 24, 2017, certain creditor in the bankruptcy proceedings (the “Bankruptcy
Proceedings”) of the bankrupt entity MtGox Co., Ltd. (the “Bankrupt Entity”) filed, with theTokyo District Court, a petition for the commencement of civil rehabilitation proceedings (minjisaisei) with respect to the Bankrupt Entity. On the same day, the court issued an examination
order (the “Examination Order”), and, under the Examination Order, appointed Hisashi Ito,attorney-at-law, as the examiner (the “Examiner”) to examine whether there are grounds todismiss the petition.
The bankruptcy trustee for the Bankruptcy Proceedings (the “Bankruptcy Trustee”) willingly
cooperated with the Examiner in the examination and provided him with necessary materials.
On February 28, 2018, the Examiner submitted an examination report to the court, concluding,“I[1] concluded that there is no ground set forth in Items 2 through 4 of Article 25 of the Civil
Rehabilitation Act with respect to the bankrupt entity, MtGox Co., Ltd. However, thisconclusion is based on the premise that, before the commencement order for civil rehabilitation
proceedings (i.e., before the stay of the bankruptcy proceedings), measures are taken to secure
the interests that are expected to have already been obtained by all creditors who filed proofs ofclaims for the pending bankruptcy case against the bankrupt entity (especially creditors whosebankruptcy claims are monetary claims), in light of the size of the bankruptcy estate that has
been established up until the present in the bankruptcy proceedings that is pending with respect
to the said bankrupt entity [2]”. (Footnotes added by Rehabilitation Trustee.)
As a result of consultations with the court, the Examiner, and the Bankruptcy Trustee based on

1

The Examiner

2

Bankruptcy Proceedings1the examination results, the Bankruptcy Trustee has taken the measure of securing interests thatare expected to have already been obtained in the Bankruptcy Proceedings by the bankruptcy
creditors (“Measure to Secure Interests of Bankruptcy Creditors”) before commencement of
the Civil Rehabilitation Proceedings (as defined below).
As a result of the above, the order of commencement of civil rehabilitation proceedings wasmade against the Rehabilitation Debtor on June 22, 2018 (this civil rehabilitation proceedings,
the “Civil Rehabilitation Proceedings”).
Further, at the same time as the order to commence civil rehabilitation proceedings, the court
appointed me as the rehabilitation trustee. Accordingly, I retain the authority to manage anddispose of the assets of the Rehabilitation Debtor, and, under the court’s supervision, I am
executing the Civil Rehabilitation Proceedings, including managing assets and examining
claims.
In addition, at the same time as the order to commence civil rehabilitation proceedings, the court
issued the order to amend the Examination Order to add matters to be examined by the Examiner.
Accordingly, in addition to examining the suitability of the rehabilitation plan proposal for the
Civil Rehabilitation Proceedings, the Examiner will, in relation to the Civil Rehabilitation
Proceedings, examine matters, among others, for which an opinion is sought by the court andstate an opinions to the court.

II.

Progress and Current Status of Business and Assets of Rehabilitation Debtor
1.

Progress and Current Status of Business and Assets of Rehabilitation Debtor

The Rehabilitation Debtor is currently not conducting business.

2.

Progress and Current Status of Assets of the Rehabilitation Debtor(1) Measure to Secure Interests of Bankruptcy Creditors
For an outline of the Measure to Secure Interests of Bankruptcy Creditors, please refer to theattachment titled Announcement on Measures to Secure Interests of Bankruptcy Creditors.
(2) Status of Cash and Deposits Held by Rehabilitation Debtor
The status of cash and deposits held by the Rehabilitation Debtor is as shown in the List of
Assets and the Balance Sheet. The account balance that I have secured as of September 25,
2018, is JPY 69,675,538,357, which is an increase of about JPY 25,505,000,000 from thetime of the 10th creditors’ meeting (March 7, 2018) held in the Bankruptcy Proceedings.
However, among the account balance that I have secured, I have established the trust as the
Measure to Secure the Interests of Bankruptcy Creditors and secured the amount of JPY2

15,894,530,915 (including amount expected to be appropriated for various expenses of thetrust) as the trust asset. (Please refer to the attachment titled Announcement on Measures to
Secure Interests of Bankruptcy Creditors.)(3) Status of BTC Held by Rehabilitation Debtor
The amount of BTC held by the Rehabilitation Debtor as of September 21, 2018, is141,686.35236435 BTC. Currently, I am still investigating the existence of additional BTC
held by the Rehabilitation Debtor. If any BTC is found, I will move them to the address that I
manage. Further, the amount of BCH managed by the bankruptcy estate as of September 21,
2018 is 142,846.35166254 BCH.
I understand that the cryptocurrencies split from BTC of the Rehabilitation Debtor belong to
the Rehabilitation Debtor.
Investigations of the status of BTC to be belonged to the Rehabilitation Debtor are ongoing,
so the List of Assets and the Balance Sheet do not show BTC or cryptocurrencies split from
BTC held by the Rehabilitation Debtor.

III.

Commencement of Rehabilitation Claims Filing
1.

Filing Proofs of Rehabilitation Claims with Online Method

Akin to in the Bankruptcy Proceedings, I have set up a system that enables users of MtGox’s
Bitcoin exchange to file, through a website, claims against MtGox seeking a refund of
cryptocurrency or cash (those users, “Users”; those claims “Exchange-Related
Rehabilitation Claims”; and that system, the “System”), and the System was made available
to the public on August 23, 2018 (https://claims.mtgox.com/assets/index.html#/). By using
the System (the “Online Method”), Users around the world will be able to file
Exchange-Related Rehabilitation Claims in accordance with Japan’s Civil Rehabilitation Act
and other laws and regulations, and participate in the Civil Rehabilitation Proceedings, easily
without having to spend a considerable amount of time and expense. I believe the Online
Method should be in the interests of all concerned parties of the Rehabilitation Proceedings
including Users as it enables and ensures the proper and smooth filing of Exchange-Related
Rehabilitation Claims by Users.

2.

Filing Proofs of Rehabilitation Claims with Offline Method

For Users who cannot use the Online Method, I have prepared a form for filing proofs ofrehabilitation claims (the “Filing Form”) and made it publicly available on August 23, 2018.
If a User cannot use the Online Method, it is necessary for the User to file a proof for
Exchange-Related Rehabilitation Claims by downloading the Filing Form from the System,3

entering necessary matters into it on a computer, printing it out, and then posting it to the
Rehabilitation Trustee after signing it or affixing his or her name and stamp (the “Offline
Method”).

3.

Outline, Q&A, etc.

For an outline of the Online Method and the Offline Method and questions and answers
regarding filing proofs for rehabilitation claims, among others, please refer to, the websitethat I manage (https://www.mtgox.com/), which can be accessed by the public.

4.

Deadline for Filing Proofs of Rehabilitation Claims

The deadline for filing proofs of rehabilitation claims stipulated by the Tokyo District Court
is October 22, 2018, (Japan Standard Time), so please be sure to file proofs forrehabilitation claims by that filing deadline.

IV.

Investigation of Disappearance of BTC, etc.
Continuing on from the Bankruptcy Proceedings, I am conducting investigations into whether
any BTC or fiat money has disappeared, the background thereto if any has disappeared, andother such matters. Further, I will continue to cooperate in requests to cooperate ininvestigations by investigation agencies, such as the Tokyo Metropolitan Police Department.
Due to the circumstances in which, for example, the information available is limited, I believe it
will be difficult to reveal the full picture; however, I will continue to conduct these investigations
as much as possible.
On July 26, 2017, the U.S. Department of Justice announced that Alexander Vinnik, a manager
of a cryptocurrency exchange, was arrested and indicted for involvement in money laundering ofover 4 billion dollars. The allegations in the indictment include the fact that he stole funds byhacking MtGox.

V.

Affiliated Companies, etc.
I believe that the Rehabilitation Debtor holds claims against the following affiliated companies
and person, so I am endeavoring to collect those debts:
1.

TIBANNE Co., Ltd.

In the bankruptcy proceedings against TIBANNE Co., Ltd., which is the parent company of
the Bankrupt Entity (Tokyo District Court 2015 (fu) No. 585), on May 15, 2015, the4Bankruptcy Trustee filed a bankruptcy claim (the amount of the filed claim was JPY
25,841,657,102; however, the Bankruptcy Trustee filed a voluntary dismissal with respect to a
portion of the claim in the amount of JPY 306,362,100 on November 19, 2015). Mr. Taro
Awataguchi, who is the bankruptcy trustee of TIBANNE, objected to the claim, so the
Bankruptcy Trustee filed a petition seeking an assessment of the bankruptcy claim on October
13, 2015. Currently, the assessment is pending in the bankruptcy proceedings of TIBANNE,
Co., Ltd.

2.

K.K. Bitcoin. Café

Regarding the bankruptcy claim filed by the Bankruptcy Trustee in the bankruptcy
proceedings against K.K. Bitcoin. Café (the amount of the bankruptcy claim was JPY
60,710,136), the court judgment approving that filing has become final.

3.

Robert Marie Mark Karpeles

The bankruptcy proceedings regarding Robert Marie Mark Karpeles, the representative
director of the Rehabilitation Debtor, (2015 (fu) No. 9170) are pending. (Ms. Masako
Sakaguchi is the bankruptcy trustee.)
Further, the criminal trial in which there are facts constituting a charge against Robert Marie
Mark Karpeles for unauthorized creation and use of private electromagnetic records,
corporate embezzlement, and the like continues. He was released on bail on July 14, 2016.
In the bankruptcy proceedings against Robert Marie Mark Karpeles, on February 6, 2017, theBankruptcy Trustee filed a bankruptcy claim (the amount of the bankruptcy claim was JPY
25,190,162,021).

VI.

Filing of Recognition of and Assistance for Foreign Insolvency Proceedings
In the Bankruptcy Proceedings, to preserve the Rehabilitation Debtor’s foreign assets, theBankruptcy Trustee obtained an order recognizing the Bankruptcy Proceedings as foreign
main proceedings under Chapter 15 of the U.S. Bankruptcy Code, from the United States
Bankruptcy Court for the Northern District of Texas, Dallas Division. Further, theBankruptcy Trustee filed for recognition proceedings for orders recognizing the Bankruptcy
Proceedings as foreign main proceedings in the United Kingdom and Canada, respectively,
and obtained orders recognizing the Bankruptcy Proceedings as foreign main proceedings
from the High Court of Justice in the United Kingdom and from the Ontario Superior Courtof Justice in Canada.
Subsequently, the Civil Rehabilitation Proceedings commenced, which caused the5Bankruptcy Proceedings to be stayed. Accordingly, I, as the trustee in the Civil
Rehabilitation Proceedings, provided notification of the commencement of the Civil
Rehabilitation Proceedings to the United States Bankruptcy Court for the Northern District ofTexas, Dallas Division; the High Court of Justice in the United Kingdom; and the Ontario
Superior Court of Justice in Canada, and I am taking the necessary steps for each of thosejurisdictions.

VII.

Existence of Circumstances Requiring Temporary Restraining Pursuant to Provisionsof Paragraph 1 of Article 142 of Civil Rehabilitation Act or Judicial Decision on
Officer’s Liability Pursuant to Provisions of Paragraph 1 of Article 143 of Civil
Rehabilitation Act

I am examining whether circumstances exist that require a temporary restraining order pursuant
to the provisions of Paragraph 1 of Article 142 of the Civil Rehabilitation Act or a judicial
decision on the liability of an officer pursuant to the provisions of Paragraph 1 of Article 143 of
the Civil Rehabilitation Act.

VIII. Matters Related to Progress of Other Civil Rehabilitation Proceedings
1.

Bankruptcy Claim Assessment Proceedings, Action against Order on Petition for
Bankruptcy Claim assessment, etc.

Resolutions in Civil Rehabilitation Proceedings will be sought in the future for bankruptcy
claim assessment proceedings (CoinLab, Inc and TIBANNE Co., Ltd. are petitioners) and foractions against an order on petition for bankruptcy claim assessment pending in the
Bankruptcy Proceedings. Aside from those, I will make efforts to also end, as quickly as
possible, any action related to the assets of the Rehabilitation Debtor.

2.

Future schedule for Civil Rehabilitation Procedures

The future schedule for Civil Rehabilitation Proceedings is as stated below. The below
schedule, however, might change depending on the progress of proceedings in the future.
(1) Deadline for filing proofs of rehabilitation claims:
October 22, 2018(2) Submission deadline for inventory of assets and balance sheet:
December 27, 2018(3) Submission deadline for statement of approval or disapproval:

6

January 24, 2019(4) General examination period for proofs of rehabilitation claims:
From January 31, 2019, to February 7, 2019(5) Submission deadline for rehabilitation plan proposal:
February 14, 20193.

Provision of Other Necessary Information on Website

Since there are an extremely large number of creditors in various countries in this case, I plan
to disclose, as much as possible and when required, information that creditors need to beaware of regarding this case on the website that I manage (https://www.mtgox.com/).
End of document* This translation is prepared for reference purpose only. The Japanese version is the original and if
there is any discrepancy between the Japanese original and this translation, the Japanese original
supersedes and governs.

7[Translation]
September 25, 2018
To whom it may concern:
Civil Rehabilitation Debtor: MtGox Co., Ltd.
Civil Rehabilitation Trustee: Attorney-at-law Nobuaki Kobayashi
Inquiries: Call Center (+81-3-4588-3922)
Announcement on Measures to Secure Interests of Bankruptcy Creditors
In the bankruptcy proceedings (the “Bankruptcy Proceedings”) of MtGox Co.,
Ltd. (“MTGOX”), the examination report dated February 28, 2018, required as theconditions of commencement of the Civil Rehabilitation Proceedings that “measures aretaken to secure the interests that are expected to have already been obtained, in light ofthe size of the bankruptcy estate that has been established in the Bankruptcy
Proceedings, by all creditors who filed proofs of claims for the pending bankruptcy caseagainst the bankrupt entity, especially creditors whose bankruptcy claims are monetaryclaims, before the order of commencement of Civil Rehabilitation Proceedings is made,i.e., before the stay of the Bankruptcy Proceedings.”
As a result of consultation with the court and the examiner based on theexamination report, the bankruptcy trustee took a certain measure before the order ofcommencement of Civil Rehabilitation Proceedings as a measure to secure interests
expected to have already been obtained by the bankruptcy creditors in the Bankruptcy
Proceedings.
I hereby notify you of the measures taken by the bankruptcy trustee.
I
Measures to Secure Interests for all Bankruptcy Creditors who filed
Proofs of Bankruptcy Claims
As a measure to secure interests expected to have already been obtained by allbankruptcy creditors who filed proofs of bankruptcy claims in the Bankruptcy
Proceedings, the bankruptcy trustee sold a certain amount of bitcoin (“BTC”) andbitcoin cash (“BCH”) that belonged to the bankruptcy estate, during the period from the10th creditors’ meeting in the Bankruptcy Proceedings (i.e., from March 7, 2018) to thecommencement of Civil Rehabilitation Proceedings, and secured a certain amount ofmoney for the bankruptcy estate (the “Sale”).

11.

Summary of Sale
The quantities sold under the Sale and the amounts paid into the bankruptcy
trustee’s account are shown below.
Type ofcryptocurrencies

Quantity soldAmounts paid into
bankruptcy trustee's account

BTC

24,658.00762 BTC

JPY 22,561,004,011

BCH

25,331.00761 BCH

JPY 3,414,698,341

Total amountJPY 25,975,702,352

2.

Grounds for Implementing Sale
As a result of consultation with the court and the examiner, the bankruptcy
trustee (i) determined that it was necessary and appropriate to procure a suitable amountof money to secure the interests that the creditors for the principal amount and delay
damages of the determined and undetermined bankruptcy claims that have been filed in
the Bankruptcy Proceedings (approximately JPY 73,373 million in total, including BTC
claims (i.e., claims such as those for the return of cryptocurrency split from BTC;
hereinafter the same) and monetary claims) which were expected to have alreadyobtained in the Bankruptcy Proceedings, and (ii) implemented the Sale.
As a result of the Sale, the balance in the bankrupt trustee’s account wasapproximately JPY 70,059 million immediately prior to the establishment of the trust inaccordance with the Trust Agreement described below. As mentioned below, from theamount of approximately JPY 70,059 million, the bankruptcy trustee established a trustof JPY 15,894,530,915.
II
Measures to Secure Interests of Monetary Creditors who Filed Proofs ofBankruptcy Claims
The bankruptcy trustee created the structure of a trust (the “Trust”) and aguarantee by entering into a trust agreement (the “Trust Agreement”) and a guarantee
entrustment and guarantee agreement (the “Guarantee Entrustment and Guarantee
Agreement”) with Sumitomo Mitsui Banking Corporation (“SMBC”) as a measure tosecure interests expected to have already been obtained by the monetary creditors who
filed proofs of bankruptcy claims in the Bankruptcy Proceedings.
1.
Summary of Trust Agreement and Guarantee Entrustment and Guarantee
Agreement

2

The Trust Agreement and Guarantee Entrustment and Guarantee Agreement aresummarized below.
(1)
Summary of Trust Agreement
Settlor and beneficiary:
The bankruptcy trustee, and after commencement of
the Civil Rehabilitation Proceedings, the civil
rehabilitation trustee
Trustee of the Trust:
SMBC
Trust assets:
JPY 15,894,530,915 as of the date of establishmentof the trust which includes the amount expected to beappropriated for various expenses (the “Trust
Assets”)
Purpose of Trust:The settlor entrusts money to the trustee, and thetrustee provides, among others, guarantees for the
obligations regarding the monetary claims for which
proofs of bankruptcy claims were filed, which are
only paid out of the Trust Assets for the sake of thebeneficiaries. The monetary claims subject to suchguarantee are limited to those accepted under the
Civil Rehabilitation Proceedings and others;
hereinafter, the same.
(2)

Summary of the Guarantee Entrustment and Guarantee Agreement
SMBC (as the trustee of the Trust) provides, among others, guarantees for the
obligations regarding the monetary claims for which proofs of bankruptcy claims werefiled jointly and severally with the bankruptcy trustee (or the civil rehabilitation trustee
after the commencement of the Civil Rehabilitation Proceedings), which are only paidout of the Trust Assets.
The Guarantee Entrustment and Guarantee Agreement shall fall under theagreement for third parties, with the bankruptcy trustee as the promisee, SMBC (as thetrustee of the Trust) as the promisor, and monetary creditors who filed proofs ofbankruptcy claims as the “third party beneficiaries” as provided under Article 537 of the
Civil Code.
2.
Structure Chart of Trust Agreement and Guarantee Entrustment andGuarantee Agreement
3

The structure chart of the Trust Agreement and the Guarantee Entrustment andGuarantee Agreement may be simplified as follows:

SMBC

Trust Assets
(1)

(2)

Establishment of the

SMBC (as the trustee of thetrust in accordance with the Trust

Trust)’s guaranty under the Trust

Agreement

Agreement

andIndemnity

andGuarantee Entrustment Agreement (*)
Bankruptcy Trustee（Civil Rehabilitation Trustee）

MTGOX

Monetary creditors who filed
Monetary claims

proofs of bankruptcy claims(*) As mentioned below, the beneficiaries of SMBC (as the trustee of the Trust)’s
guarantee are limited to the creditors who declared their intention to enjoy thebeneficial interests as "third party beneficiaries" under Article 537 of the Civil
Code.
3.
Rationale for Concluding
Trust Agreement and Guarantee Entrustment
and Guarantee Agreement
As a result of consultation with the court and the examiner, the bankruptcy
trustee entered into the Trust Agreement and the Guarantee Entrustment and Guarantee
Agreement with SMBC , determining that it is necessary and appropriate to (i) establish
a trust for the principal and delay damages of the monetary claims filed in the
Bankruptcy Proceedings, the total amount of which is about JPY 17,864,000,000, with
the Trust Assets being a suitable amount of money for the interests creditors were
expected to have obtained in the Bankruptcy Proceedings, and (ii) provides, among
others, guarantees for obligations regarding the monetary claims for which proofs ofbankruptcy claims have been filed, which are only paid out of the Trust Assets.
Due to the Sale, the bankruptcy trustee has already secured a suitable amountof money to secure the interests that are expected to have obtained by BTC creditors
under the Bankruptcy Proceedings in connection with BTC claims to be treated as
non-monetary claims under the Civil Rehabilitation Proceedings. Accordingly, thebankruptcy trustee has determined that the interests expected to have already been4

obtained in the Bankruptcy Proceedings can be secured without taking the
profit-securing measures under the Trust Agreement and Guarantee Entrustment andGuarantee Agreement for the BTC claims, and the BTC claims are not included in thesubject protected claims under the Trust Agreement and the Guarantee Entrustment andGuarantee Agreement.
4.
Benefit of Trust Agreement and Guarantee Entrustment and Guarantee
Agreement
Due to the Trust Agreement and the Guarantee Entrustment and Guarantee
Agreement, the interests expected to have already been obtained by the monetarycreditors under the Bankruptcy Proceedings in connection with the monetary claims
filed in the Bankruptcy Proceedings are protected under, among others, the guaranteedclaims which are only paid out of the Trust Assets.
The civil rehabilitation trustee is considering to prepare a rehabilitation plantaking into consideration that the monetary claims filed in the Bankruptcy Proceedings
are protected as described above and to repay such monetary claims, the principal
obligations, in accordance with such rehabilitation plan. If such repayments are made,repayments of the guarantee obligations, among other obligations, under the Trust
Agreement and the Guarantee Entrustment and Guarantee Agreement will become
unnecessary.
Please note that monetary creditors who have filed proofs of bankruptcy claims
may be protected under a guarantee claim, among other claims, only if they havedeclared their intentions to enjoy their beneficiary interests as “third party beneficiaries”
under Article 537 of the Civil Code in accordance with the provisions of the Trust
Agreement and the Guarantee Entrustment and Guarantee Agreement within a certain
period of time.
I will notify you again at a later date about the details of the Trust Agreement
and the Guarantee Entrustment and Guarantee Agreement, and how the monetarycreditors may declare their intentions to enjoy the beneficiary interests, including
matters such as the method to declare such intentions to the civil rehabilitation trustee
and the requirement of submission of information for the account to which remissions
will be made for repayments of the guarantee and other obligations.
End of document

5[Translation][Case Number:] Tokyo District Court 2017 (sai) No. 35
Rehabilitation Debtor: MtGox Co., Ltd.
Rehabilitation Trustee: Nobuaki Kobayashi, Attorney-at-law

List of Assets
Assets
No. Item
1 Cash and deposits

Book value
69,775,184,972

Rehabilitation Trustee's account53,880,654,057

Trust account

15,894,530,915(As of June 22, 2018, the date of the order of commencement of the Civil Rehabilitation Proceedings)(In JPY)
Appraised amountRemarks
69,775,184,972
Based on Rehabilitation Debtor's book value (actual) as of the commencement date of Civil
53,880,654,057
Rehabilitation Proceedings.
Based on Rehabilitation Debtor's book value (actual) as of the commencement date of Civil
15,894,530,915
Rehabilitation Proceedings.

2 Short-term loans receivable

969,283,889

0

TIBANNE Co., Ltd.

772,791,001

This company is an affiliated company of the Rehabilitation Debtor, and an order of
0 commencement of bankruptcy proceedings for such company was issued on January 30, 2015.
The appraised amount is zero.

K.K. Bitcoin.Café60,000,000

This company is an affiliated company of the Rehabilitation Debtor, and an order of
0 commencement of bankruptcy proceedings for such company was issued on June 18, 2014.
The appraised amount is zero.

Robert Marie Mark Karpeles

136,175,781

This person is the representative of the Rehabilitation Debtor, and an order of commencement
0 of bankruptcy proceedings for such person was issued on November 10, 2015. The appraisedamount is zero.

MTGOX HongKong

317,107

This company is an affiliated company of the Rehabilitation Debtor. Repayment of the loan is
0 currently being requested. Since collectability of the loan is doubtful, the appraised amount isevaluated at zero.

3 Accounts receivable-others

562,026

0

TIBANNE Co., Ltd

562,0260500,000,000

0500,000,000

0 Pending litigation.The appraised amount is evaluated conservatively at zero.

-333,748,657

The amount of book value is based on Rehabilitation Debtor's book value as of the
0 commencement date of Civil Rehabilitation Proceedings. It is evaluated at zero for the
purpose of appraisal.

4 Money deposited with other companies
CoinLab5 Allowance for doubtful accounts
6 Security deposit

721,200

Security deposit for the Regabilitation Trustee's officeTotal assets

The accounts receivable against this company comprise of accrued interest on the loan. As
with the short-term loans receivable, the appraised amount is evaluated at zero.

0721,200
70,912,003,430

0 The appraised amount is evaluated at zero by considering the restitution cost.
69,775,184,972

1/2

Liabilities
No. Item
1 Accounts payable

Book value
270,746,358

Appraised amountundetermined.

TIBANNE Co., Ltd.

270,746,358

undetermined.

2 Short-term loans payable

31,285,135

undetermined.

TIBANNE Co., Ltd.

31,285,135

undetermined.

58,664,356

undetermined.

58,664,356

undetermined.

3 Deposits payable
Withholding income tax
4 Rehabilitation Claim (General bankruptcy claims)
Bankruptcy claims of creditors other than the users of MTGOX Bitcoin exchange
Bankruptcy claims of the users of MTGOX Bitcoin exchange
5 Subordinate bankrupcy claims
Total liabilities

45,997,197,427

undetermined.

2,936,270
45,994,261,157

undetermined.
undetermined.

10,872,287,267

undetermined.

57,230,180,543

undetermined.

Remarks
This company is an affiliated company of the Rehabilitation Debtor, and an order ofcommencement of bankruptcy proceedings for such company was issued on January 30, 2015.
This company is an affiliated company of the Rehabilitation Debtor, and an order ofcommencement of bankruptcy proceedings for such company was issued on January 30, 2015.

Based on the amount determined in the Bankruptcy Proceedings.
Based on the amount determined in the Bankruptcy Proceedings.
The amount of book value is based on the delay penalties which have accrued subsequent tothe commencement date of the Bankruptcy Proceedings.

*1 The amounts stated in the "Book value" column are, as a rule, entered by referring to the book value as of June 22, 2018, and such amounts may not agree with their respective amounts of proceeds from their conversion into cash.
*2 The bitcoins and bitcoin cash held by the Rehabilitation Debtor are not included in the assets set forth above. Incidentally, as of September 21, 2018, the amount of bitcoins managed by the Rehabilitation Trustee is
141,686.35236435BTC and the amount of bitcoin cash managed by the Rehabilitation Trustee is 142,846.35166254BCH.
*3 This list has been prepared based on the investigation results at the present point in time, and assets or liabilities not included in this list may be discovered as a result of further investigation.
* This translation is prepared for reference purpose only. The Japanese version is the original and if there is any discrepancy between the Japanese original and this translation, the Japanese original supersedes and governs.

2/2[Translation]

Income and Expenditure Statement
From June 22, 2018
Through September 25, 2018

[Case Number:] Tokyo District Court 2017 (sai) No. 35
Rehabilitation Debtor: MtGox Co., Ltd.
Rehabilitation Trustee: Nobuaki Kobayashi, Attorney-at-law(In JPY)
IncomeExpenditure

No.

Abstract

AmountNo.

1

Cash and deposits succeeded from thebankrupt

69,775,184,972

1

Office expenses

2,504,263

2Interest income

221,0632

Prepayment for filing for the Civil Rehabilitation
Proceeding

8,100,000

3

Miscellaneous income

8,372

3

Professional fees

27,568,026

4

Outsourcing fees

2,026,505

5

Rent and deposit for the Regabilitation Trustee's
office454,248

6

Tax and public dues (withholding tax on trustee'sfee, etc.)

58,820,445

7Call center expense

Total

69,775,414,407

Abstract

Amount402,563

Total

99,876,050

Balance*

69,675,538,357* The amount of Balance includes
15,894,530,915 Japanese yen of trust property* This translation is prepared for reference purpose only. The Japanese version is the original and if there is any discrepancy between theJapanese original and this translation, the Japanese original supersedes and governs.

[Translation][Case Number:] Tokyo District Court 2017 (sai) No. 35
Rehabilitation Debtor: MtGox Co., Ltd.
Rehabilitation Trustee: Nobuaki Kobayashi, Attorney-at-law(As of June 22, 2018, the date of the order of commencement of the Civil Rehabilitation Proceedings)

Balance Sheet(In JPY)
Appraised amount *1

Item

Cash and deposits

69,775,184,972

Item

Appraised amount *1

Accounts payable*3

undetermined.

Short-term loans receivable

0

Short-term loans payable*3

undetermined.

Accounts receivable-others

0

Deposits payable*3

undetermined.

Money deposited with othercompanies

0

Rehabilitation claim*3

undetermined.

Allowance for doubtful
accounts

0Security deposit for theRegabilitation Trustee's office0

Total assets*2

69,775,184,972

Total liabilities

undetermined.

*1 Please refer to "List of Assets" for details of appraised amount.
*2 The bitcoins and bitcoin cash held by the Rehabilitation Debtor are not included in the assets set forth above.
Incidentally, as of September 21, 2018, the amount of bitcoins managed by the Rehabilitation Trustee is
141,686.35236435BTC and the amount of bitcoin cash managed by the Rehabilitation Trustee is 142,846.35166254
BCH.
*3 Since the investigation of claims has yet to be completed, the appraised amount of liabilities (including the amountof the rehabilitation claim) is shown as ''undetermined.'' Further, it is expected that the amount of deposit payable(BTC) which is off-balanced now will be recognized as rehabilitation claims.
*4 This balance sheet has been prepared based on the investigation results at the present point in time, and assets or
liabilities not included in this balance sheet may be discovered as a result of further investigation.
* This translation is prepared for reference purpose only. The Japanese version is the original and if there is any
discrepancy between the Japanese original and this translation, the Japanese original supersedes and governs.