Mt. Gox pushes back repayment deadline by another year
Mt. Gox has postponed its creditor repayment deadline from October 2025 to October 2026 to accommodate creditors who failed to complete necessary procedures.Summary
The defunct crypto exchange Mt. Gox has announced a one-year extension for its creditor repayment deadline, moving it from October 31, 2025, to October 31, 2026. The rehabilitation trustee stated that while base, early lump-sum, and intermediate repayments are largely complete for creditors who finished procedures without issue, many others have not received funds due to procedural failures or complications.
This marks the third delay for repayments, which were initially slated for October 2023. Mt. Gox, which collapsed in 2014 after losing 850,000 BTC, plans to reimburse creditors with recovered assets, including significant amounts of Bitcoin, Bitcoin Cash, and Japanese Yen.
Despite ongoing repayments, Mt. Gox still holds substantial assets, including approximately 34,689 BTC valued around $4 billion, according to recent data.
(Source：The Block)