Mt Gox Creditors’ Wait Nearly Over as Trustee Announces Draft Rehabilitation ...
Mt. Gox’s trustee Nobuaki Kobayashi has at last filed a draft plan for the rehabilitation of creditors including former users. See also: Mt. Gox Deadline Extended Again After Creditors Criticize Refund Proposal
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Mt. Gox trustee Nobuaki Kobayashi has finally submitted a draft rehabilitation plan to a Japanese court — meaning former users of the long-defunct crypto exchange may now look forward to getting paid someday. Kobayashi, the Japanese bankruptcy lawyer appointed to oversee the repayment of investors, submitted the plan to the Tokyo District Court on Dec. 15. In a statement posted on the Mt. Gox website, Kobayashi said: The Tokyo District Court and an examiner will review the draft rehabilitation plan and determine whether to proceed with the rehabilitation proceedings relevant to the....
The latest Mt Gox creditors’ meeting trustee has revealed payment claims for customers have all been approved or rejected, but the bankruptcy investigation is still ongoing. Mt Gox Trustee Details Mt Gox Investigation Continues While Claims Are Being Processed. During the 8th Mt Gox creditors’ meeting, the Tokyo District Courts’ bankruptcy trustee....
On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors.
Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown
Last week speculation and rumors concerning the release of 140K bitcoin (BTC) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “fake news.” During that same period....
Mt. Gox is inching closer to refunding its users one day. On Dec. 15, Mt. Gox’s trustee Nobuaki Kobayashi filed a draft rehabilitation plan to refund Mt. Gox users. According to an official announcement posted on Mt. Gox website, the Tokyo District Court and an examiner will review the draft rehabilitation plan and determine whether to proceed with the rehabilitation proceedings as part of the draft rehabilitation plan.The move comes shortly after Kobayashi received another approval to extend the deadline for submitting a rehabilitation plan in October 2020. As reported, the Tokyo District....
The Mt. Gox trustee rehabilitation plan is purportedly coming in mid-December. The trustee of the now-defunct Japanese cryptocurrency exchange Mt. Gox has obtained another approval to extend the deadline for submitting a rehabilitation plan.Following a motion by Mt. Gox rehabilitation trustee Nobuaki Kobayashi, the Tokyo District Court issued another order to extend the deadline until Dec. 15, 2020, according to an official announcement on Mt. Gox website posted on Oct. 15.Similarly to previous statements on deadline extensions, the new announcement specifies that the rehabilitation....