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Bitcoin

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Several Mt. Gox creditors report updates on their claim accounts regarding Bitcoin and fiat repayments.</li> 
 <li>Reimbursements are expected to be completed by October 2024, including 142,000 Bitcoin, 143,000 Bitcoin cash, and 69 billion Japanese yen.</li> 
</ul>  
<h2 id="updates-on-mt-gox-creditors-claims">Updates on Mt. Gox Creditors’ Claims</h2> 
<p>Several creditors of the now-defunct Mt. Gox exchange have reported updates on their claim accounts. </p> 
<p>Specifically, the trustee has added details of repayments in both Bitcoin and fiat currencies. </p> 
<p>One creditor stated, “I just logged in and it finally populated the repayment table with JPY, <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/">BTC</a> and BCH claims. Nothing received yet though.” </p> 
<h2 id="fiat-repayments-received">Fiat Repayments Received</h2> 
<p>Screenshots have surfaced showing the status of fiat currency repayments labeled as complete. </p> 
<p>Several creditors have reportedly received these fiat repayments in their bank accounts. </p> 
<p>One user stated, “Money received as USD into an HSBC currency account and looks like zero fees.” </p> 
<p>This user further reported that the fiat transfer arrived in their bank account over a month after the fiat currency repayments part of the table was updated. </p> 
<p>Mt. Gox, founded in 2010, was the largest Bitcoin exchange globally until a security breach in 2014 led to the loss of 850,000 Bitcoin. </p> 
<p>In September 2023, the trustee of the defunct exchange announced that creditors would be reimbursed with 142,000 Bitcoin, 143,000 Bitcoin cash, and fiat currency totaling 69 billion Japanese yen (around $510 million) by October 2024. </p>

Mt. Gox Creditors Offer Update on Bitcoin and Bitcoin Cash Payments System Claims

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