⏳ Mt. Gox Extends Deadline by Another Year: Creditors Continue to "Wait Long"

#Mt.Gox has announced that it has completed a portion of the repayment to creditors, including basic payments, one-time early payments, and medium-term payments.

However, some creditors have not yet received their funds due to incomplete procedures, verification issues, or errors during the receipt process, causing delays in disbursement.

Therefore, the court has approved an extension of the repayment deadline by another year — until October 31, 2026, to ensure that remaining creditors have time to complete their documentation to receive #BTC .

This is the third time Mt. Gox has postponed since the original date of October 31, 2023.

Currently, Mt. Gox is still holding 34,689 $BTC (≈ 4 billion USD).