While the victims were waiting for refunds on the Mt.Gox exchange, which was hacked in 2014, a new development took place. In the e-mails sent to some victims by the Mt.Gox liquidation committee, it was stated that the refunds would begin soon, that is, in 2023, and would continue in 2024.
The following statements were included in the email sent:
“The trustees plan to begin repaying creditors shortly. Efforts are ongoing to start repayments in cash in 2023. Payments will continue in 2024 as the payment types are different and require certain preparation. Since it is not possible to give a specific time for refunds, it is not possible for us to tell each user when they will receive payments. You don’t need to do anything in this process. Please wait for the refund to begin.”
The trustees are expected to distribute $462 million in cash, 142,000 BTC and 143,000 BCH to Mt.Gox victims.
The delegation had previously announced the deadline for distribution as October 31, 2023, and extended this period by 1 year to October 31, 2024 in September 2023.
What is the Mt.Gox Incident?
hackers in 2014 850 thousand Bitcoinswho asked for bankruptcy after stealing Japanese Cryptocurrency Exchange Mt.GoxAfter declaring bankruptcy, it was unable to pay the money of many investors.
As a result of the lawsuits that lasted for about 8 years, 200,000 items belonging to the bankrupt stock market were recovered. Bitcoin It was found to be a forgotten wallet.
The liquidation commission appointed by the Tokyo District Court ordered Mt.Gox to distribute from its forgotten wallet to creditors who lost all their assets in the stock market.
With the finalization of the payment plan, the Japanese cryptocurrency exchange Mt., which went bankrupt in 2014 and caused many investors to suffer. Gox’s 142,000 Bitcoin The distribution plan has reached its final stage.
Since the distribution is not all at once and spread over time, it is not expected to create a serious sales pressure in the market.
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