Mt. Gox Creditors Start Receiving Repayments, Some Being Paid Twice

Mt. Gox Creditors Start Receiving Repayments, Some Being Paid Twice

On Dec.26, several posts from social media suggest that the long-defunct Bitcoin exchange Mt. Gox started to send Japanese Yen-denominated repayments to users via Paypal. This is after ten years the funds become locked on the exchange since 2014.

Several users claimed they have received repayments and shared the screenshots of the email that contained the PayPal receipt of payment.

Several users also claimed they have received double payments and said Mt. Gox acknowledged the error through email and demanded the second payment be returned.

In the email, Mt.Gox clarified:" Due to a system issue, the transfer of money to you was inadvertently made twice. Please note that you are not authorized to receive the second transfer and are legally obligated to return the above amount to the Rehabilitation Trustee."

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