Mt. Gox Extends Repayment Registration Deadline to March 30

“The deadline for the Selection and Registration was January 10, 2023 but having obtained the permission of the court, the Rehabilitation Trustee has changed the deadline to March 10, 2023 , considering various circumstances such as the progress by rehabilitation creditors in respect of the Selection and Registration,” the trustee wrote.

The trustee noted that those who have already registered their selections do not have to do it again. Although they can change their selection before the new deadline, the update discouraged creditors from doing so to make the confirmation process smooth. Furthermore, the extension affected the distribution deadline as creditors would have to wait longer to receive compensation. The repayment deadline was postponed from July 31 to September 30, 2023.

The value of BTC stolen from the exchange was worth $473 million at the time of the incident, but the assets are worth over $14 billion at current prices. However, the trustee will not pay 850,000 BTC to creditors since the exchange could not recover the stolen assets.SPECIAL OFFER

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Mt.Gox repayment registration deadline moved to March 2023The Mt. Gox trustee has obtained court permission to move the deadline for repayment registration from Jan. 10 to Mar. 10. I keep all my eggs in one basket. BTC TradingLatino me regresarán mis btc el día de mi cumpleaños,que buen regalo 😂🤣 The rehabilitation creditors who fail to complete the selection and registration within the new deadline will not be able to receive their repayments or in some cases might have to bring documents to the exchange's head office to receive their repayments in Japanese Yen.
Source: Cointelegraph - 🏆 562. / 51 Read more »