Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gachapin
on 21/09/2023, 17:50:20 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.

No Problema!!!!

I am both student and teacher, and I give myself a one-year extension to turn in my homework... and next year, I will do it again.

It does "seem" that they (referring MTGOX trustee.. don't kill me) are making progress, but geez, I thought that it was getting closed to being paid out in 2021.. so that would have been a bit more than 7 years, but now we are going on 10 years.. from the shut down of the site..  in February 2014.

If they pay out they can't keep using it to fud the price down.

Good point. However I could also imagine there being some legal battles going on in the background we don't know of.

btw, has China allowed Bitcoin to be able to ban it again?