Mt. Gox Extends Bitcoin Repayment Deadline by 1 Year for Some Creditors

Mt. Gox extends repayment deadline for estimated $3.7 billion in Bitcoin and Bitcoin Cash payouts by 1 year to Oct 31, 2024
Extension only applies to creditors who failed to disclose necessary info on time - those who did will be paid by original Oct 31, 2023 deadline
Mt. Gox hacked in 2011, lost 850K Bitcoin worth $500M then, $22B now
Repayments to start by end of 2022 for creditors who provided info
Mt. Gox trustee still requesting info from creditors not repaid yet to commence payouts

dailyhodl.com

Relevant topic timeline:

9/19/2023

Bitcoin Price Rises on Mt. Gox Repayment Hopes, But Fall to $22K Predicted

Bitcoin's price has surged 5% in the past week, potentially due to speculation that Mt. Gox's repayments will be delayed until 2024, although QCP Capital still expects the price to fall to $22,000 in October; this comes ahead of Benzinga's Future of Digital Assets conference on November 14.

9/21/2023

Mt. Gox Trustee Extends Repayment Deadline to 2024, Plans to Start Repaying Creditors by End of 2022

Rehabilitation trustee Nobuaki Kobayashi has extended the repayment deadline for Mt. Gox creditors by one year, with repayments expected to begin at the end of this year.