Mt. Gox, once one of the largest Bitcoin exchanges, announced that it has postponed repayments to creditors for another 0 Postpones Refund Process for Another Year According to the company's official announcement, the new repayment date is October 31, 1 decision comes just four days earlier than the previous October 31, 2025 date. Mt. Gox’s rehabilitation trustee said in a statement that the core repayments, early lump sum payments, and interim payments have been largely completed.
However, it was stated that payments were delayed due to some creditors not having completed the required documents or technical problems in the transaction processes. “To ensure that creditors can be paid reasonably, the repayment period has been extended by one year with court approval,” the trustee 2 delay marks Mt. Gox's third repayment 3 original date was October 2023. Tokyo-based Mt.
Gox, which went bankrupt in 2014 after 850,000 BTC were stolen, had prepared to begin repayments in 4 company still holds 142,000 Bitcoin, 143,000 Bitcoin Cash, and approximately $510 million worth of Japanese 5 to Arkham data, 6 currently holds approximately 34,689 BTC (about $4 billion). As of mid-2024, some creditors began receiving partial payments through Kraken and Bitstamp. *This is not investment 7 Reading: Bad News for Creditors from Collapsed Bitcoin Exchange Mt. Gox! Here Are the Details
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