Mt.Gox Extends Compensation Deadline to 2025

According to Odaily, Mt.Gox's official announcement today revealed that the bankruptcy trustee has nearly completed compensating creditors who have fulfilled the necessary procedures and encountered no issues during the compensation process. However, many creditors have yet to complete the required procedures and thus have not received their repayments. Additionally, various problems during the compensation process have temporarily prevented a significant number of creditors from receiving their payments. To ensure fair compensation for these creditors, the bankruptcy trustee, with court approval, has extended the compensation deadline from October 31, 2024 (Japan Standard Time) to October 31, 2025 (Japan Standard Time).