New Online System at Mt. Gox May Be Used to Facilitate Bitcoin Refunds to Creditors, Says Trustee

New Online System at Mt. Gox May Be Used to Facilitate Bitcoin Refunds to Creditors, Says Trustee


Mt. Gox’s trustee, Nobuaki Kobayashi, has asked creditors of the defunct crypto exchange to register on a new online system so that they might receive their refunds and be able to vote on the civil rehabilitation plan.

● In a statement released Jan. 7, Kobayashi said the registration targets those creditors who have already filed claims but have been unable to log in to the old Mt.Gox online system.

● Users can register on the new system using the creditor numbers they received in the past, he said. Registration must be completed by March 31, 2021. The trustee is also planning to expand the registration function to enable creditors with what he called “self-approved” claims to register such claims.

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● “The trustee is considering using the system to facilitate the smooth carrying out of future processes, such as voting on the rehabilitation plan and making payments,” said Kobayashi, a Japanese bankruptcy lawyer appointed to oversee the repayment of investors.

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