Defunct crypto exchange Mt. Gox said Monday that it has pushed back its creditor repayment deadline by one year, from October 31, 2025 to October 2026.
“As it is desirable to make repayments to these rehabilitation creditors to the extent reasonably practicable, the rehabilitation trustee, with the permission of the court, has changed the repayment deadline from October 31, 2025 to October 31, 2026,” the statement said.
With the exception of certain specific types of repayments, the trustee has essentially completed making the main repayments called basic repayment, early lump sum repayment and interim repayment to creditors who have completed the required steps and have not encountered any problems during the process, the release explained.
BTC was trading at $111,540 at the time of writing, according to CoinDesk data.
