The Mt. Gox creditors are getting paid, reports have surfaced.
Bitcoin exchange Matt Gox, which has been holding the exchange since February 2014, has started accepting fiat payments, according to reports on social media.
Several posts from the Reddit page r/mtgoxinsolvency suggest that Mt Gox is sending Japanese yen refunds to users via PayPal — ten years after the currency was locked on the exchange on February 24, 2014. The reports are unconfirmed. .
“I just got paid,” said Reddit user Free-end254, attaching a screenshot of the email containing the PayPal payment receipt.
“I got money!” Another Reddit user wrote that they initially believed the email was a phishing scam before being told that a valid payment had been deposited into their PayPal account.
From the new Mt. Gox payment was one of the first instances on December 21st, when an anonymous Japanese X (formerly Twitter) user of Mt. Gox said they received their claim via bank transfer, and Japanese yen were credited to their account. .
I'm back from Mt Gox! I believe it is a temporary payment since I chose the final payment. It took exactly 10 years. pic.twitter.com/qDntG5Wssg
— Birial #AllPropertiesDeFi@ (@visvirial) December 21, 2023
It comes a month after Nobuaki Kobayashi, the Mt. Gox Bitcoin Exchange Asset Management Trustee On November 21, he started sending emails to the restructuring creditors about the start of payments.
According to Kobayashi's email, the trustee plans to begin making the first payment to creditors in cash in 2023, and expects to continue making payments in 2024. Kobayashi did not provide a specific timeframe for paying off the individual settlement creditors.
This is a developing story, and more information will be added as it becomes available.
