Mt. Gox delays creditor repayments by another year to October 2027

Mt. Gox has pushed back its creditor repayment deadline by another year to Oct. 31, 2027, after receiving court approval to give creditors more time to complete the procedures required to receive their funds. Summary Mt. Gox has postponed its creditor repayment deadline from Oct. 31, 2026, to Oct. 31, 2027, after receiving court approval. Rehabilitation trustee Nobuaki Kobayashi said many creditors remain unpaid because of incomplete procedures and issues encountered during repayment processing. Base Repayment, Early Lump-Sum Repayment and Intermediate Repayment have largely been completed for eligible creditors who fulfilled the requirements without issues. Mt. Gox has repeatedly delayed repayments since 2023, although distributions through exchanges including Kraken and Bitstamp began in July 2024. According to an Oct. 16 notice from rehabilitation trustee Nobuaki Kobayashi, the deadline was moved from Oct. 31, 2026, because many creditors have yet to receive their repayments due to incomplete procedures or problems encountered during the distribution process. The trustee said Base Repayment, Early Lump-Sum Repayment and Intermediate Repayment have largely been completed for cred...