Mt. Gox Extends Repayment Deadline to Oct 31, 2024

Mt. Gox Extends Repayment Deadline to Oct 31, 2024
Source: blog.bitstamp

Mt. Gox has officially changed the deadline for paying back the exchange’s creditors from Oct. 31, 2023, to Oct. 31, 2024.

In the latest announcement, the trustee of Mt. Gox wrote that, with the permission of the Tokyo District Court, he had extended the deadline for the base repayment, the early lump-sum repayment and the intermediate repayment.

In April this year, the repayment window for Mt Gox creditors was opened, allowing them to receive repayments until October 31, 2023.

Presently, the Mt. Gox estate holds some 142,000 Bitcoin, 143,000 Bitcoin Cash. Mt. Gox once handled 80 per cent of the world's Bitcoin trade, the exchange filed for bankruptcy in early 2014 after a hack was revealed, with some 24,000 customers losing access to their funds.

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