The Block Crypto News8 minutes ago

Published on June 24, 2024 09:22 GMT+00:00edited on June 24, 2024 09:24 GMT+00:00

Defunct bitcoin exchange Mt. Gox is set to begin distributing bitcoin and bitcoin cash repayments from July, according to a notice sent by Rehabilitation Trustee Nobuaki Kobayashi on Monday.

“The Rehabilitation Trustee has been preparing to make repayments in Bitcoin and Bitcoin Cash under the Rehabilitation Plan. “Now that these preparations are in place, the Rehabilitation Trustee will commence the repayments in Bitcoin and Bitcoin Cash … from the beginning of July 2024,” Kobayashi wrote in the notice.

Kobayashi said the debtor had taken time to ensure safe, reliable and compliant repayment arrangements and will “commence the repayments in the order of the cryptocurrency exchanges with which the Rehabilitation Trustee will complete the exchange and confirmation of the required …