The defunct cryptocurrency exchange Mt. Gox has announced a further postponement of its creditor repayment deadline, now set for October 31, 2026. This marks the third extension since the rehabilitation trustee initially targeted 2023, and comes just four days before the previously scheduled deadline for this year.
According to the trustee, base, early lump-sum, and intermediate repayments have been “largely completed” for creditors who met all eligibility requirements. However, a significant number of creditors remain unpaid due to incomplete procedures or processing delays, prompting the court-approved extension.
To date, approximately 19,500 creditors have received repayments, including distributions in Bitcoin (
$BTC ) and Bitcoin Cash (
$BCH ) via Kraken and Bitstamp. Mt. Gox continues to hold 34,689 BTC, valued at around $4 billion, according to Arkham’s on-chain labeling data.
Founded in 2010, the Tokyo-based exchange collapsed in 2014 following a security breach that resulted in the loss of 850,000 BTC. In 2023, the trustee announced plans to reimburse creditors with recovered assets, including 142,000 BTC, 143,000 BCH, and 69 billion Japanese yen.
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