Mt. Gox Creditors Will Soon Receive Repayments, End In Sight
These long-awaited reimbursements will be financed through the sale of Mt. Gox's remaining assets, including 142,000 BTC, 143,000 BCH, and 69 billion yen (about $625 million)
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These long-awaited reimbursements will be financed through the sale of Mt. Gox's remaining assets, including 142,000 BTC, 143,000 BCH, and 69 billion yen (about $625 million)
It is worth noting that funds have not moved from the now-defunct Mt.Gox exchange’s cold wallets since 2018.
The Mt. Gox Bitcoin exchange rehabilitation system has released a new function that allows creditors to select a repayment method and register payee information.
Creditors have until September 15 to make or transfer a claim.
The Mt Gox case had finally reached a settlement agreement back in 2021, and the BTC owed to creditors is ...
The company says it’s planning to continue operations throughout the restructuring process, though withdrawals will continue to be paused at this time.
The prospect of a rumored 150,000 BTC flooding the market gets real as Mt. Gox creditors choose how much money to receive in cash, Bitcoin and Bitcoin Cash.
While initial reports suggested that a cold wallet linked to Mt. Gox transferred 6,800 BTC, F2pool founder later confirmed that the address was associated with the early miners of F2Pool and not Mt. Gox.