Mt. Gox Prepares For Multiple Transactions Ahead Of Creditors' Repayment Deadline

According to PANews, Mt. Gox has confirmed that multiple transactions conducted today were in preparation for repayment before the creditors' repayment deadline on October 31. This information was shared via screenshots on platform X, as reported by Cointelegraph. In a letter, Mt. Gox stated that the trustee in charge of the restructuring is preparing to repay a portion of the restructuring claims distributed in the form of cryptocurrency. This method of repayment implies that the restructuring creditors can choose to either receive Bitcoin and Bitcoin Cash (BCH) through designated cryptocurrency exchanges, representing the restructuring creditors, or be repaid through the proceeds of selling Bitcoin and BCH. Recently, the restructuring trustee received inquiries and deep concerns about the management status of Bitcoin and Bitcoin Cash (BCH). However, at present, the restructuring trustee has neither repaid through the aforementioned designated cryptocurrency exchanges nor sold Bitcoin and Bitcoin Cash for the aforementioned repayment. The restructuring trustee is currently managing Bitcoin and Bitcoin Cash in a secure manner. As the restructuring trustee is preparing for the aforementioned repayment, creditors are asked to wait for a while until the repayment is made.