Mt. Gox trustee has updated the Bitcoin and fiat payment schedule

Users of the hacked cryptocurrency exchange Mt.Gox have reached another good sign regarding compensation for their stolen funds, the Mt.Gox. Gox trustee updating some critical payment information.

A number of Mt. Gox lenders of Mt. Gox claims that their accounts have updated information about Bitcoin (BTC), Bitcoin Cash (BCH) and fiat payments, with many suggesting that crypto payments are coming soon.

Some of the first such reports were in Mt. Gox insolvency subreddit surfaced in mid-April, with users reporting additional amounts being paid in the payment information table on their accounts.

According to a screenshot shared by a lender, the Mt. Gox claims now display a table with payment status and other parameters such as completed payment amount and incomplete payment amount.

On Reddit Mt. As several posts on the Gox bankruptcy center show, some creditors have found fiat currency in their bank accounts.

One of the Mt. Gox Lender wrote on April 22, “Money received as dollars in HSBC currency account and zero fees.”

“Table updated first March 15th, April 8th, then April 18th when BTC lines arrive,” said Redditor.

At Mt. Gox Recovery Claim System The latest Bitcoin additions to Mt. Gox is a major step for lenders to indicate whether crypto or fiat payments will be made, one Mt Gox lender told Cointelegraph.

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“Comparatively, last December, Japanese claimants received a note on their website, and within two weeks they saw fiat in their accounts through PayPal and private banks,” the lender added.

In the year Founded in 2010, the now defunct MT Gox was the largest Bitcoin exchange in the world, accounting for an estimated 70% of BTC transactions before the implosion. The platform lost 850,000 BTC in a security breach in 2014.

Matt Gox is expected to pay creditors 142,000 bitcoins and 143,000 in the fork's cryptocurrency Bitcoin Cash, in addition to 69 billion Japanese yen ($510 million) by October 2024.

The latest chart updates of Mt. Gox lenders will complete identity verification and their crypto exchange accounts will be used to pay Bitcoin and Bitcoin Cash by January 2024. Some of the available platforms include Bitstamp, Kraken, Bitbank, BitGo and SBI VC Trading.

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