Mt. Gox creditors report bitcoin and bitcoin cash payment update on claims system

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Several Mt. Gox creditors have noted updates from the trustee regarding their claim accounts, including details on bitcoin and fiat repayments.

Users on the Mt. Gox insolvency subreddit shared that the trustee has recently added specific repayment amounts and completion dates to their claim accounts.

“I just logged in and it finally populated the repayment table with JPY, BTC, and BCH claims. Nothing received yet though,” a Reddit user claiming creditor status mentioned.

Screenshots posted by several individuals indicate that the repayment status for fiat currency claims is marked as complete. Some users have reported receiving fiat repayments in their bank accounts, with one stating, “Money received as USD into an HSBC currency account and looks like zero fees.”

According to a subreddit user, the fiat transfers were received more than a month after the repayment table for fiat currency was updated. “Table had been updated March 15 first then April 8 second then April 18 when BTC lines arrived,” the Redditor explained.

Mt. Gox, once the largest bitcoin exchange globally, faced a security breach in 2014 resulting in the loss of 850,000 bitcoins. In September 2023, the trustee announced plans to reimburse creditors with 142,000 bitcoins, 143,000 bitcoin cash, and fiat currency totaling 69 billion Japanese yen ($510 million) by a new deadline set for October 2024.

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