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Creditors of Mt. Gox may face up to a 90-day wait for Bitcoin repayments, depending on the exchange.
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The trustee has begun processing repayments with varying timelines for Kraken, Bitstamp, and BitGo.
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Kraken requires 90 days to process payments, Bitstamp takes 30 to 60 days, and BitGo takes just 20 days.
Creditors of the collapsed crypto exchange Mt. Gox might have to wait as long as three months to receive their repayments in Bitcoin (BTC). The trustee has begun remitting funds with different timelines for different exchanges. All three exchanges, Kraken, Bitstamp, and BitGo, have different repayment processing periods.
Varied Timelines Set for Mt. Gox Repayments
The repayment schedules of Mt. Gox creditors will vary depending on their chosen exchange. Payouts have been given 90 days to be processed in the Kraken exchange. However, Bitstamp is anticipated to take 30 to 60 days. In the case of BitGo, the payouts will be
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