Creditors from the defunct crypto exchange Mt. Gox will have to wait longer before receiving their funds after the platform’s appointed trustee announced key deadline extensions to the compensation timeline.
In particular, the Mt. Gox creditor registration deadline has been extended from January 10 to March 10, 2023, after obtaining permission from the court, the trustee Nobuaki Kobayashi wrote in a letter on January 6.
Furthermore, the distribution deadline has also been pushed back a further two months from July 31 to September 30. In the letter, the trustee pointed out that the decision was due to what he termed ‘various circumstances such as the progress by rehabilitation creditors in respect of the Selection and Registration.’
“Rehabilitation creditors who have already completed the selection and registration do not need to perform the selection and registration again, and these creditors may change their selection and registration up to the new deadline,” the trus
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