Mt. Gox

Mt. Gox, the crypto exchange that faced a major hack, is making significant progress toward reimbursing its creditors in Bitcoin (BTC) and Bitcoin Cash (BCH). Mt. Gox Rehabilitation Trustee has been actively contacting affected parties to verify their identities and confirm account details necessary for repayment. Many creditors have received emails from the company confirming […]

Mt. Gox creditors report successful receipt of payments, marking a noteworthy development in the long-awaited resolution for the Mt. Gox community. The updates are spreading across various social media platforms. Reddit accounts suggest that Mt. Gox is remitting fiat currency [Japanese yen] to people who suffered losses of Bitcoin in the 2014 incident. Payments have […]

Creditors of Mt. Gox, a now-defunct crypto exchange that ceased operations after losing 850,000 BTC in a 2014 hack, have reportedly received an email hinting at soon-to-come repayments. On November 21, Nobuaki Kobayashi – the trustee overseeing Mt. Gox’s bankruptcy proceedings – started sending out emails to rehabilitation creditors about the commencement of repayments, as […]