Mt. Gox Delays Creditor Repayments to October 2026
Defunct cryptocurrency exchange Mt. Gox has once again delayed its long-awaited creditor repayments, extending the deadline by a full year to October 31, 2026, from the previous October 31, 2025.
In a statement released Monday, the exchange’s rehabilitation trustee said the extension was approved by the court, emphasizing that the change was made “to facilitate repayments to creditors as efficiently and reasonably as possible.”
According to the update, most of the Base Repayments, Early Lump-Sum Repayments, and Intermediate Repayments have already been completed for creditors who met all procedural requirements and faced no administrative issues. Only certain repayment categories remain outstanding.
The delay underscores the complexity of winding down what was once the world’s largest bitcoin exchange, which collapsed in 2014 following a massive security breach that led to the loss of roughly 850,000 BTC.
As of publication, bitcoin (BTC) traded at $111,540, based on CoinDesk data.
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