Mt. Gox pushes creditor repayment deadline to October 31, 2027

Mt. Gox’s rehabilitation trustee has extended the deadline for creditor repayments to Oct. 31, 2027, from Oct. 31, 2026, after obtaining court permission, according to a notice dated Oct. 16. The one-year extension is intended to give creditors who have not received their funds additional time to complete outstanding procedures or address problems encountered during repayment processing. Trustee Nobuaki Kobayashi said base repayments, early lump-sum repayments and intermediate repayments have largely been completed for rehabilitation creditors who finished the required procedures and experienced no issues. However, a large number of creditors remain unpaid because they have not completed the necessary steps, while others have been unable to receive repayments for various reasons related to the process. The trustee said extending the deadline would help facilitate repayments to these creditors where reasonably practicable. The numbers behind the estate The estate’s planned distributions include about 142,000 BTC, about 143,000 BCH and ¥69 billion in cash. Repayments started in July 2024, flowing to creditors through intermediaries including Kraken, Bitstamp and BitGo. As of mid-2026...