Mt. Gox Pushes Back Creditor Repayment Deadline by 12 Months

The bankruptcy trustee overseeing the estate of collapsed crypto exchange Mt. Gox said it pushed back the deadline for repaying creditors by 12 months to Oct. 31, 2024.

• The trustee needs more time to collect and confirm additional information from creditors, as well as to share information with banks and other parties, according to a letter posted on Mt. Gox’s website on Thursday
• Mt. Gox was once the world’s largest Bitcoin exchange, and its 2014 implosion sent shock waves through nascent crypto markets. The bankruptcy trustee held 141,686 Bitcoin as well as cash and Bitcoin Cash tokens as of September ...