Mt. Gox Bitcoin payouts have once again been delayed
- Mt. Gox has once again seen a delay of its payout for users, given the number of claims.
- The acting trustee, Nobuaki Kobayashi, detailed the new deadline is now October 28.
Mt. Gox Exchange has seen its deadline extended once again for the submission and approval for its rehabilitation plan to repay its users, following action taken by the Trustee. Following a statement, it cited a large amount of claims.
It was detailed that Nobuaki Kobayashi, Mt. Gox’s trustee in control of the rehabilitation process says the new submission deadline is now October 28 2019. The prior cut-off point was scheduled for today – Friday, however Kobayashi claimed that the volume and complexity of user claims meant such a timeframe was insufficient.
The trustee said:
A large amount of rehabilitation claims that the Rehabilitation Trustee fully or partially disapproved remains undetermined for being subject to claim assessment procedures.
Author
Ken Chigbo
Independent Analyst
Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.
