Mt. Gox’s two largest creditors, Bitcoinica and MtGox Investment Funds (MGIF), have opted to obtain their bankruptcy recovery primarily in bitcoin (BTC), rather than fiat currency, according to CoinDesk, citing people familiar with the matter. Bitcoinica and MGIF, which together account for about one-fifth of all Mt. Gox claims, will receive 90 percent of their recoverable funds. Mt. Gox previously required creditors to choose a payment method by March 10, 2023, i.e., creditors who choose the one-time payment option can choose to receive payments in a combination of BTC, BCH and JPY (90%), or can request The full amount is paid in fiat currency. The one-time payment is scheduled for September, and the option to wait until all of the Mt. Gox lawsuits are settled could get a higher payout, but that could be another five to nine years away.