Mt. Gox Repayment Date Delayed Again

The latest public document published on Mt.Gox’s website on August 31 reveals the “Assignment, etc. Restriction Reference Period” has been accepted by the court and starts on September 15 and ends at an undefined period. Notably, this does not imply that payouts shall begin on September 15, 2022. According to Django Bits, an alleged operator of a channel for Mt. Gox creditors, this process of repayment could drag on for months if not years. "As mentioned before, the trustee is not yet ready to pay out. There will be a KYC process, he has to explain how payouts will happen etc, he has to collect bank account data, and so on. This will drag on for months if not years. Nothing the trustee does is quick."
Source

Exchanges

Event

In This Article

Related News
Bitget will legally pursue 8 accounts suspected of profiting $20 million from VOXEL trading manipulation Bitget will legally pursue 8 accounts suspected of profiting $20 million from VOXEL trading manipulation
Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
MEXC Extends DEX+ Platform to Binance Smart Chain Users MEXC Extends DEX+ Platform to Binance Smart Chain Users
MEXC Partners With Hacken to Increase Security Standards MEXC Partners With Hacken to Increase Security Standards
BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
Latest News More More
2 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
3 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
3 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
6 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open