Mt Gox starts making repayments in bitcoin and bitcoin cash: trustee | Headlines | News | CoinMarketCap
07/05/2024 14:37Mt Gox has started to repay some creditors in bitcoin and bitcoin cash on Friday, its rehabilitation trustee said. The trustee said in an …
Mt Gox has started to repay some creditors in bitcoin and bitcoin cash on Friday, its rehabilitation trustee said.
The trustee said in an announcement today that the repayments are made through a part of the designated crypto exchanges based on the rehabilitation plan.
Repayments to eligible creditors will be "promptly made" if they meet certain conditions, including confirmation of the validity of registered accounts, acceptance of the intention to subscribe to an agreement by designated crypto exchanges, as well as completion of discussions with the trustee.
"We ask eligible rehabilitation creditors to wait for a while," the Mt Gox trustee said.
The repayment announcement comes after Mt Gox moved 47,228.7 BTC (about $2.71 billion) to a wallet earlier today and later transferred the …