in Business, Cryptocurrencies, japan, law, Mt. Gox

Mt. Gox trustee sets registration deadline of Jan. 10 for repayment selection

by Repost Admin October 7, 2022, 4:06 pm 1.7k Views

Users of the Mt. Gox exchange may be one step closer to getting their funds back after trustee Nobuaki Kobayashi announced options for repayment.

Creditors from the defunct crypto exchange Mt. Gox have until January 2023 to register and select a repayment method as part of the plan to compensate them for their losses.

According to an Oct. 6 announcement from Mt. Gox trustee Nobuaki Kobayashi, creditors have until Jan. 10 to select a repayment method and to register payee information in an online rehabilitation claim filing system in order to be paid through bank remittance, fund transfer service provider, or a cryptocurrency exchange or custodian. Kobayashi’s update is the latest development in a rehabilitation plan that began with a 2018 petition to compensate Mt. Gox creditors for their lost funds following the exchange’s collapse in 2014.

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