Mt. Gox Creditors Start to Receive Payments after 10 Years

<p dir="ltr">After a wait of ten long years, the creditors of the now-defunct crypto exchange Mt. Gox are receiving compensation. Several Mt. Gox creditors have taken to social media to confirm receiving payments for their blocked Bitcoin deposits in fiats.</p><p dir="ltr">Commencement of Mt. Gox Repayment</p><p dir="ltr">Nobuaki Kobayashi, the trustee overseeing the collapsed exchange estate, sent emails to the rehabilitation creditors last month confirming the commencement of payments.</p><p dir="ltr">“Due to the large number of rehabilitation creditors who will receive repayment, the varying types of repayments, the different preparation and processing times required to make the repayment, repayments will continue into 2024,” the email, sent in Japanese and English, stated.</p><p dir="ltr">The first <a href="https://www.financemagnates.com/cryptocurrency/everything-you-need-to-know-about-mt-gox-repayments/">payment confirmation</a> surfaced on the social media platform X (formerly Twitter) on December 21, claiming the reception of payment via bank transfer in Japanese yen.</p><blockquote><p lang="ja" dir="ltr">Mt.Goxから弁済されてました！最終弁済を選択したので、中間弁済だと思われます。ちょうど10年かかりましたね。 <a href="https://t.co/qDntG5Wssg">pic.twitter.com/qDntG5Wssg</a></p>— びりある#全財産DeFi@