TechFlow news: On July 16, Mt. Gox trustee Nobuaki Kobayashi announced that following the initial repayment on July 5, 2024, Mt. Gox has again distributed Bitcoin and Bitcoin Cash (BCH) to certain creditors through designated cryptocurrency exchanges as scheduled. To date, the trustee has repaid BTC and BCH to over 13,000 creditors.
The trustee stated that repayments to remaining creditors will commence immediately once the following conditions are met: confirmation of the validity of registered accounts and related matters; expression of willingness by designated cryptocurrency exchanges to accept subscription via agent receipt agreements; completion of discussions between the trustee and designated exchanges regarding repayment logistics; and confirmation that repayments can be conducted securely and reliably. Eligible creditors are advised to await further notice.
