Bitcoin’s Nightmare Opens Mt.Gox Payment Screen! Has 142,000 BTC Distribution Started?

bitcoin A new phase has been started in Mt.Gox payments, which is followed closely by investors.

As of April 6, the deadline for reporting refund requests has expired. With the expiry of the period, the payment screen was opened for those who requested payment. It has been reported that victims can request their payments from this screen.

Although the payment screen will pop up, it will take some time for refunds to begin, according to a fact sheet released today by the Mt.

“The trustees are making the necessary preparations with financial institutions, including crypto exchanges that will distribute the payments. In light of this, it is expected that it will take some time for the refund to begin.”

Payments are expected to be made in parts, not in one go. The date on which the payments will be completed was previously announced as October 31. However, according to today’s information note, this period may be postponed to a later date.

According to the last table, the money to be distributed is as follows:

142,000 BTC ($3.9 billion)

143,000 BCH ($17.9 million)

68 billion Japanese yen ($523 million)

Each creditor will receive the first 200,000 yen of their receivables in cash. Those with more balance will receive 71% of the remainder in the form of crypto and 29% in the form of cash mix.

What is the Mt. Gox Incident?

hackers in 2014 850 thousand Bitcoinsdemanding bankruptcy upon stealing Japanese Cryptocurrency Exchange Mt.GoxAfter announcing its bankruptcy, many investors could not pay.

As a result of the lawsuits that lasted for about 8 years, 200,000bitcoin It was found to be a forgotten wallet.

The liquidation commission appointed by the Tokyo District Court decided to distribute Mt.

With the finalization of the payment plan, the Japanese cryptocurrency exchange Mt. Gox’s 142,000 Bitcoin The distribution plan has reached its final stage.