Mt Gox Saga Nears End of the Road — Creditors Required to Register With Exchanges, Bitstamp Selected by Trustee

Mt Gox creditors have been issued new information concerning their claims and it seems they now have until January 10, 2023 (Japan time) to register for a repayment method. The latest notice says that any creditors that wish to receive payment, must finish the “selection and registration” section on the system platform by the deadline. … Read more

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin (BTC) from Mt … Read more

$9 Billion in Bitcoin: Court Trustee Says Mt Gox Rehabilitation Plan ‘Final and Binding’

Mt Gox claimants may see restitution soon as a recent filing from the Tokyo District Court’s trustee Nobuaki Kobayashi explains that the rehabilitation plan is now “final and binding.” The document published on Tuesday notes that an announcement will follow that discloses the “details of the specific timing, procedures, and amount of such repayments.” Mt … Read more

Mt Gox Claimants Have Until October to Vote on Trustee’s Rehabilitation Proposal

Nobuaki Kobayashi, the trustee that’s overseeing the Mt Gox civil rehabilitation proceedings, has published a proposal so Mt Gox claimants can vote in order to get reimbursed. The voting process will end on October 8 and more than 50% of the votes will be needed to solidify the settlement plan. Mt Gox Civil Rehabilitation Voting … Read more

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 … Read more

Mt. Gox Trustee Submits Rehabilitation Plan — Creditors May Soon Be Repaid 150,000 Bitcoins

Mt. Gox trustee Nobuaki Kobayashi has finally submitted a draft rehabilitation plan to a Japanese court — meaning former users of the long-defunct crypto exchange may now look forward to getting paid someday. Kobayashi, the Japanese bankruptcy lawyer appointed to oversee the repayment of investors, submitted the plan to the Tokyo District Court on Dec. … Read more

Mt Gox Rehabilitation Plan Delayed Again to December 15

The submission deadline for the Mt Gox civil rehabilitation plan has been extended once again, this time to December 15. The deadline has been pushed back at least three times before, including in the latest case, where submission was scheduled for October 15. Mt Gox’s rehabilitation trustee, Nobuaki Kobayashi said Thursday that he needed more … Read more