Mt. Gox pushes back repayment deadline by another year
Quick Take Mt. Gox’s rehabilitation trustee announced Monday that it is pushing back the creditor repayment deadline by another year to October 2026. According to its latest official announcement, the Mt. Gox trustee has repaid around 19,500 creditors. Mt. Gox still holds 34,689 BTC in its wallet address, according to Arkham Intelligence data.
Defunct crypto exchange Mt. Gox has postponed its repayment deadline by another year to October 2026, four days ahead of its deadline of Oct. 31, 2025.
In an announcement on Monday, the Mt.Gox rehabilitation trustee said it has "largely completed" the base repayment, early lump-sum repayment and intermediate repayment for creditors that completed repayment eligibility procedures without any issues.
However, many creditors still haven't received their repayments because they failed to complete the necessary procedures or because issues arose during the process, the announcement said.
"As it is desirable to make the Repayments to such rehabilitation creditors to the extent reasonably practicable, the Rehabilitation Trustee, with the permission of the court, has changed the deadline for the Repayments from October 31, 2025 to October 31, 2026," the announcement said.
This latest announcement marks the third delay of the defunct exchange's repayment deadline, which was initially set for October 31, 2023.
Mt. Gox was a Tokyo-based exchange founded in 2010 and became one of the largest platforms for bitcoin trading at the time. It suffered a security breach in 2014 that lost 850,000 BTC, causing the firm to halt withdrawals and file for bankruptcy protection.
In September 2023, the trustee of the now-defunct exchange announced it aims to reimburse a portion of the original losses to creditors with recovered assets, including 142,000 bitcoin and 143,000 bitcoin cash, as well as fiat currency totaling 69 billion Japanese yen ($510 million).
Since mid-2024, multiple creditors have reported that they received payments via Kraken and Bitstamp exchanges. According to the announcement dated March 27, 2025, the rehabilitation trustee repaid 19,500 creditors in bitcoin and Bitcoin Cash.
Mt. Gox still holds 34,689 BTC, worth around $4 billion, Arkham's onchain data shows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
$8.8 billion outflow countdown: MSTR is becoming the abandoned child of global index funds
The final result will be revealed on January 15, 2026, and the market has already started to vote with its feet.
Deconstructing DAT: Beyond mNAV, How to Identify "Real vs. Fake HODLing"?
There is only one iron rule for investing in DAT: ignore premium bubbles and only invest in those with a genuine flywheel of continuously increasing "crypto per share."
Empowered by AI Avatars, How Does TwinX Create Immersive Interaction and a Value Closed Loop?
1. **Challenges in the Creator Economy**: Web2 content platforms suffer from issues such as opaque algorithms, non-transparent distribution, unclear commission rates, and high costs for fan migration, making it difficult for creators to control their own data and earnings. 2. **Integration of AI and Web3**: The development of AI technology, especially AI Avatar technology, combined with Web3's exploration of the creator economy, offers new solutions aimed at breaking the control of centralized platforms and reconstructing content production and value distribution. 3. **Positioning of the TwinX Platform**: TwinX is an AI-driven Web3 short video social platform that aims to reconstruct content, interaction, and value distribution through AI avatars, immersive interactions, and a decentralized value system, enabling creators to own their data and income. 4. **Core Features of TwinX**: These include AI avatar technology, which allows creators to generate a learnable, configurable, and sustainably operable "second persona", as well as a closed-loop commercialization pathway that integrates content creation, interaction, and monetization. 5. **Web3 Characteristics**: TwinX embodies the assetization and co-governance features of Web3. It utilizes blockchain to confirm and record interactive behaviors, turning user activities into traceable assets, and enables participants to engage in platform governance through tokens, thus integrating the creator economy with community governance.
Aster CEO explains in detail the vision of Aster privacy L1 chain, reshaping the decentralized trading experience
Aster is set to launch a privacy-focused Layer 1 (L1) public chain, along with detailed plans for token empowerment, global market expansion, and liquidity strategies.
Trending news
MoreCrypto prices
More
