MT. Gox continues to postpone the repayment schedule to April

As a joke, just 1 day before preparing to repay the debt, Mt. Gox continued to delay to April 2023.

MT. Gox continues to postpone the repayment schedule to April

As Kyptos reported in early January 2023, Mt. Gox postponed the Bitcoin payment schedule to March 10 with the processing time until September 30. This is like a “slow-explosion bomb” that puts great pressure on the community because it is likely that creditors will sell the received tokens to the market.

However, when the deadline was only 1 day left, Mt. Gox suddenly announced to postpone the return schedule for about 1 more month. Specifically according to Notification, MT. Gox will move the deadline to:

– Deadline for creditors to register to receive assets in this installment: from March 10 to 04/06/2023;

– Deadline to Mt. Gox completes payment to creditors in this installment: from September 30 to October 31, 2023.

When the creditor finally got his BTC back after 9 years of long litigation, Mt. Gox continues to “trick” delay. Many in the community even joked that they would never receive their coins because of Mt. Gox.

In another development, there were rumors that the largest creditor of Mt. Gox intends not to sell Bitcoin but has not yet endorsed it.

Even so, the story of Mt. Gox is still a “smoldering pain” in the crypto community, making people “anxious” every time it is reported that this exchange is about to repay.

According to the balance sheet, the trustee of Mt. Gox currently holds 142,000 BTC, 143,000 BCH, and 69 billion Japanese yen ($510 million). But the exact number of this first payment is unknown.

Synthetic Kyptos

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