🚨Mt. Gox Delays Repayment Deadline to October 2026, Easing Short-Term Market Pressure🔆
The Mt. Gox rehabilitation trustee has officially extended the repayment deadline from 2023 to October 31, 2026, citing ongoing verification and documentation issues among creditors. The delay temporarily eases selling pressure on the crypto market, as Mt. Gox still holds over 142,000 BTC and 143,000 BCH, which could otherwise flood the market if released too soon.
Analysts view the move as a short-term relief, but investors remain cautious as the new deadline approaches next year.
