The defunct crypto exchange Mt. Gox said Monday that it has pushed back the deadline for repaying creditors by one year to October 2026 from October 31, 2025.
“Since it is desirable to make the repayments to such rehabilitation creditors to the extent reasonably practicable, the rehabilitation administrator, with the permission of the court, has changed the deadline for the repayments from October 31, 2025 to October 31, 2026,” the announcement states.
Apart from some specific types of repayments, the trustee has mostly finished making the main repayments called Basic repayment, early lump sum repayment and interim repayment to creditors who completed the necessary steps and did not face any problems during the process, the statement explained.
BTC is trading at $111,540 at the time of writing, according to CoinDesk data.
