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A group of Mt. Gox creditors has warned of a market risk to forks of bitcoin in a draft plan for the collapsed exchange's civil rehabilitation.
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Nearly a decade after its notorious collapse, Mt. Gox, once the titan of Bitcoin exchanges, is on the brink of initiating a repayment plan for its creditors. In a recent email, the exchange’s rehabilitation trustee, Nobuaki Kobayashi, conveyed the plan to begin cash repayments within the 2023 calendar year. This momentous step marks a pivotal […]
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In a recent development, the Rehabilitation Trustee has pushed the registration deadline for claims against Mt. Gox for another month. The deadline was initially set for March 10 but will now be April 6, 2023.
Coinspeaker Mt. Gox Issues March 10 Ultimatum to Creditors Mt. Gox creditors who suffered losses must register their information in an online rehabilitation claim filing system and choose a repayment plan. Mt. Gox Issues March 10 Ultimatum to Creditors
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The Mt. Gox rehabilitation trustee asked creditors to choose between bitcoin, cash or Bitcoin Cash to receive repayment, risking pressuring the market further.