MT. GOX TRUSTEE EXTENDS DEADLINE FOR CREDITOR REPAYMENTS BY A YEAR

Summary from the TLDR Crypto newsletter

The trustee of the collapsed Mt. Gox Bitcoin exchange has extended the deadline for repayments to creditors until October 2024. This news comes one year after the approval of a rehabilitation proposal, planning to pay back approximately 90% of the assets. Notably, the Estate holds about 138,000 Bitcoin and a similar amount in Bitcoin Cash, with a combined value of over $3.7 billion. The exact timing for individual repayments remains undecided.