Defunct crypto exchange Mt. Gox said on Monday that it has delayed the payment deadline to creditors by one year to October 2026 from October 31, 2025.
“As it is desirable to make Payments to such rehabilitation creditors to the extent reasonably practicable, the Rehabilitation Trustee, with the permission of the court, has changed the deadline for Payments from October 31, 2025 to October 31, 2026,” the announcement said.
Except for a few specific types of payments, the administrator has mostly finished making the main payments called Basic Payment, Lump Sum Advance Payment and Interim Payment to creditors who completed the required steps and faced no problems during the process, the statement explained.
BTC is trading at $111,540 at the time of writing, according to data from CoinDesk.
