Mt. Gox Bitcoin Repayment Plan Gains Final Approval From Trustee

Creditors of the defunct crypto exchange Mt. Gox are getting closer to receiving reimbursements under a plan that became final and binding, bringing one of the longest-running sagas in the cryptocurrency world nearer to an end.

The timing and specific amount of the repayments haven’t been announced, according to a letter Tuesday from a Japanese trustee, who is in charge of returning the funds to creditors. Investors will have to provide their bank accounts and other information to receive repayments.

The repayments could eventually lead to the distribution of more than $8.5 billion in Bitcoin. Mt. Gox was once the ...