The bankrupt cryptocurrency exchange Mt. Gox has postponed its creditor payments from October 31, 2025, to October 31, 2026.
According to the statement, basic, intermediate, and early lump-sum compensations are nearly complete for clients who have fully submitted their claims. However, a significant number of affected parties have either not completed the formalities or encountered issues in the process.
“Since it is desirable to make rehabilitation creditor repayments to the extent practically possible, the trustee, with court approval, has changed the repayment deadline from October 31, 2025, to October 31, 2026,” the document states.
This marks another delay in payments—initially, they were planned to be completed by October 31, 2023.
Mt. Gox was hacked in 2014, resulting in the theft of 850,000 BTC.
The civil rehabilitation process began in June 2018. In 2020, the platform submitted a proposal for fund reimbursement, which was later approved by the Tokyo court.
Users received their first payments in yen at the end of 2023. The distribution of cryptocurrencies commenced in July 2024 through the exchanges Kraken and Bitstamp.
At the time of writing, Mt. Gox holds 34,689 BTC, valued at approximately $4 billion.
In May, Strive Asset Management announced its intention to purchase claims for 75,000 BTC from Mt. Gox.