ICYMI: Mt. Gox creditors need to register with exchanges next year to receive lost crypto
Creditors of defunct crypto exchange Mt. Gox have until a Jan. 10 deadline to register and open an exchange account to receive a disbursement.The years-long wait for creditors of the long-defunct bitcoin exchange Mt. Gox may be one step closer to completion, according to a memo.
"The deadline for Selection and Registration is January 10, 2023 ; any creditor who wishes to receive Repayment must complete Selection and Registration on the System by such deadline," the translated memo reads. Distribution would not occur on Jan. 10, stressed a source familiar with the situation, who expects distribution to occur sometime next year. A majority of creditors approved alast November, and in a public letter dated Oct. 4, Kobayashi announced court approval of amendments to the rehabilitation plan.
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