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Mt Gox Initiates Bitcoin Repayments to Creditors
5.7.2024
The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its planned $9 billion repayment. Bitcoin’s price...
Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold: Analyst
5.7.2024
Nearly all of Mt. Gox’s former creditors might be looking to sell their Bitcoin, which has increased by over 8,500% in value in the 10 years since the exchange’s collapse
Crypto Markets To See Selling Pressure in July From Mt. Gox Creditors: JPMorgan
27.6.2024
If most of the liquidations by Mt. Gox creditors occur next month, crypto markets are expected to sell off in July then rebound in August, the report said
Mt. Gox moves $9.6B worth of Bitcoin. Are creditors now being repaid?
28.5.2024
The transfer represents the first significant on-chain movement from Mt. Gox-related wallets in the past five years, ahead of the October 2024 repayment deadline
FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research
16.5.2024
“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox
Mt. Gox Trustee Reveals Updated Bitcoin and Fiat Repayment Schedule for Creditors
22.4.2024
The last round of Mt. Gox's much awaited creditor compensation process is now approaching. By October 2024, the bankrupt exchange is expected to payout 142,000 Bitcoin (BTC), 143,000 Bitcoin Cash (BCH), and 69 billion Japanese yen ($510 million), according to a post published on Reddit on April...
Mt. Gox Creditors Report Double Payments in Settlement Funds; Exchange Seeks Remediation
27.12.2023
Source: AdobeStock / 24K-Production Mt. Gox, the once-dominant cryptocurrency exchange that famously collapsed in 2014, has recently encountered a new hurdle in its efforts to repay creditors. Reddit users are now reporting a payment error stemming from what the exchange describes as...
Mt. Gox Creditors Report Receiving Compensation Payments via PayPal in Japanese Yen
26.12.2023
Source: AdobeStock / 24K-Production Creditors of now-defunct crypto exchange Mt. Gox have reported receiving fiat repayments for their trapped Bitcoin on the social media platform Reddit. According to recent posts on the Reddit page r/mtgoxinsolvency, Mt. Gox has begun sending Japanese...
Mt. Gox Creditors to Receive Bitcoin Payments Starting 2023 Based on Rehabilitation Plan
22.11.2023
A decade after the Mt. Gox crypto hack, creditors have been informed of a repayment plan beginning in 2023. Image by 24K-Production, Adobe Stock. Nearly a decade after the collapse of the Mt. Gox cryptocurrency exchange, creditors may finally receive some relief. In an email sent to rehabilitation...
Mt. Gox Creditors to Receive Repayments Soon, Trustee Plans Distribution of BTC, BCH, and Yen
22.11.2023
Source: AdobeStock / 24K-Production Nobuaki Kobayashi, the trustee overseeing the Mt. Gox Bitcoin exchange’s estate, has initiated communication with rehabilitation creditors, indicating the imminent start of repayments. This development follows the notorious 2014 hack that resulted in...
Mt. Gox creditors offered fresh hope with new ‘commencement of repayment’ email
22.11.2023
The Mt. Gox trustee announced the redemption of $47 million in trust assets amid social media reports suggesting repayment to creditors could start in 2023
Today in Crypto: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors Repayment Window Now Open
7.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors...
Mt. Gox creditors have until March 10 to register and choose repayment method
7.3.2023
Creditors have the option of a lump-sum payment, bank remittance, fund transfer service provider, or through a cryptocurrency exchange or custodian
Mt. Gox top creditor goes with early payout option: Report
17.2.2023
The creditor will be paid by September this year instead of waiting for all the legal processes to be finished
Mt Gox Saga Nears End of the Road — Creditors Required to Register With Exchanges, Bitstamp Selected by Trustee
8.10.2022
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...
Mt. Gox creditors fail to set repayment date, but markets to remain unaffected
7.9.2022
While a Bitcoin price dip may not be on the cards anytime soon, intriguing new details regarding the Mt. Gox saga have continued to emerge over the past week
Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’
2.9.2022
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...
Update for Mt. Gox Creditors, Binance's Messages, Ledger at Best Buy + More News
1.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Update for Mt. Gox Creditors, Binance's Messages, Ledger at Best Buy + More News
Mt. Gox creditors dismiss rumors of massive Bitcoin dump
29.8.2022
Mt. Gox creditor Eric Wall said that at the moment, creditors are still unable to register where the funds should be sent to
Mt.Gox Saga Reaches Another Milestone, What Now?
11.10.2021
Earlier this year, Fortress Investment Group offered the creditors about 80% of their claim value, but the Civil Rehabilitation