Mt. Gox Sets Deadline for Creditors Ahead of Estimated $3,080,678,698 in Bitcoin (BTC) Payout

Mt. Gox Sets Deadline for Creditors Ahead of Estimated $3,080,678,698 in Bitcoin (BTC) Payout


Creditors of the defunct crypto exchange Mt. Gox are receiving an extended deadline to comply with the requirements needed to receive a payout under the platform’s bankruptcy rehabilitation plan.

Mt. Gox rehabilitation trustee Nobuaki Kobayashi announced that former customers of the exchange have until March 10th (Japan time) to select their repayment method and register the payee information on the Mt. Gox Online Rehabilitation Claim Filing System.

The deadline was previously set on January 10th. 

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The announcement says that those who do not complete the process by the deadline will not receive the following:

Early lump-sum repayment Repayment for a portion of cryptocurrency rehabilitation claims in cryptocurrency Repayment by bank remittance Repayment by remittance through a fund transfer service provider

In its

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