CandleFocus Mt. Gox clients won’t get paid again in 2024: How is the industry reacting?
2024-10-11
Author: Content Editor
Bankrupt crypto exchange Mt. Gox has once again delayed the repayment deadline for its creditors, meaning some victims of the collapse will have to wait until next year to receive funds. Most creditors have already received primary and early payments, but some still need to complete necessary procedures or have encountered problems. The repayment deadline has been postponed from October 31, 2024, to October 31, 2025. Mt. Gox's crypto wallet currently holds 44,905 Bitcoin, equivalent to over $2.7 billion. The news of the delay did not cause a significant reaction in the market.
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