Mt Gox Pushes Creditor BTC Deadline to October 2026

Mt. Gox, a Tokyo-based Bitcoin exchange, was the world’s largest from 2010 until its 2014 collapse after hackers stole 850,000 ￰0￱ in bankruptcy, it holds 34,689 BTC ($4 billion) for creditor repayments, delayed to October 31, 2026, per trustee Nobuaki Kobayashi’s October 27, 2025, ￰1￱ Progress Japanese courts oversee the bankruptcy process, with some creditors receiving fiat and Bitcoin in ￰2￱ delays for the 140,000 BTC claims from the 2014 hack persist, pushing back full ￰3￱ Effect Bitcoin trades near $115,000, with a $2 trillion market ￰4￱ delay minimizes short-term selling pressure, seen as neutral by ￰5￱ extends uncertainty for creditors but limits impact on Bitcoin’s price.