tldr; Mt. Gox has extended its repayment deadline by one year to October 31, 2025, due to technical and administrative challenges faced by creditors. The defunct crypto exchange’s creditors, awaiting compensation since its 2014 collapse, now have additional time to complete necessary procedures. The extension addresses difficulties in finalizing repayment steps and aims to provide a buffer for ongoing issues. This delay may impact the crypto market, as the distribution of Bitcoin and other assets is postponed.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
middlemangv on
It’s crazy that Mt. Gox is still a thing.
kirtash93 on
And another delay… Those…
lce_Fight on
Sooooo i should be ready for these fart sniffers to dump eth then yeah? Christ
6 Comments
tldr; Mt. Gox has extended its repayment deadline by one year to October 31, 2025, due to technical and administrative challenges faced by creditors. The defunct crypto exchange’s creditors, awaiting compensation since its 2014 collapse, now have additional time to complete necessary procedures. The extension addresses difficulties in finalizing repayment steps and aims to provide a buffer for ongoing issues. This delay may impact the crypto market, as the distribution of Bitcoin and other assets is postponed.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
It’s crazy that Mt. Gox is still a thing.
And another delay… Those…
Sooooo i should be ready for these fart sniffers to dump eth then yeah? Christ
Lollllll scammed
11 years is a long time to wait for compensation.