Mt. Gox has extended the compensation deadline by one year to October 31, 2025

2024-10-10 18:35:04
Collection

ChainCatcher news, Mt. Gox officially announced today that the bankruptcy administrator has basically completed the compensation work for the bankruptcy creditors who have completed the necessary procedures for receiving compensation and encountered no issues during the compensation process. However, many bankruptcy creditors have not yet completed the necessary procedures to receive repayment, and therefore have not received their repayments; in addition, due to various issues that arose during the repayment process, a considerable number of bankruptcy creditors have also temporarily not received their repayments. In order to reasonably compensate these bankruptcy creditors as much as possible, the bankruptcy administrator, after obtaining court permission, has changed the compensation deadline from October 31, 2024 (Japan Standard Time) to October 31, 2025 (Japan Time).

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