The bankrupt Mt. Gox Bitcoin exchange took another step toward oblivion when the Tokyo District Court dismissed its application for civil rehabilitation and steered it on a path to liquidation.
That news is of concern to the 127,000 Mt. Gox customers who had money stuck in accounts there - liquidation usually reduces any restitution.
But the Japanese administrator taking over the Mt. Gox assets left open a possibility that at some point could allow the failed exchange to pay back customers.
Here's how it might work...