Repayment Date Postponed for MtGox Creditors

MtGox trustee Nobuaki Kobayashi announced that the payback date to creditors, which was previously set as January 10, has been postponed to March 10.
 Repayment Date Postponed for MtGox Creditors
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MtGox trustee Nobuaki Kobayashi announced that the payback date to creditors, which was previously set as January 10, has been postponed to March 10.

The defunct crypto trading platform Mt.Gox continues its legal proceedings with its creditors. Amid rumors and speculation, there has been some development for creditors. According to the announcement made on January 6, the previously announced refund date has been changed. The trustee of Mt.Gox announced that the repayment date, which was set for January 10, has been postponed to March 10.

MtGox Payback Date Postponed to March 10

Nobuaki Kobayashi, trustee of Mt. Kobayashi marked the date of March 10, citing the progress of rehabilitation creditors.

This postponement announcement was made so that the creditors could complete their preparations before the new deadline. In the update, it was stated that rehabilitation creditors who cannot complete their selection and registration within the new date will not be able to receive their repayments.

In the adjournment announcement, “The Rehabilitation Trustees are required to choose Election and Registration etc. to reimburse as soon as possible after March 10, 2023 (Japan time). It will start approving your content from this point on.” it was said.

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