Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Lucius
on 21/09/2023, 09:40:52 UTC
Mt. Gox trustee extends repayment deadline to October 2024.

Quote
Mt. Gox Rehabilitation Trustee has once again extended the deadline for repayments to its creditors.

The bankrupt crypto exchange has changed the deadline of the Base Repayment, the Early Lump-Sum Repayment and Intermediate Repayment from October 31, 2023 to October 31, 2024.

However, the latest update on Mt. Gox website notes that the rehabilitation creditors who have provided the Trustee with the necessary information will receive repayments in sequence as early as the end of this year.

It seems to me that it is more likely that the trustee will leave this world sooner than the payments will be paid. Japan looks more and more like a third-class country where various civil services compete in incompetence.