Mt.Gox continues to repay creditors with bitcoin and bitcoin cash.
According to Odaily, Mt.Gox has declared that on July 31, 2024, the trustee will refund some creditors in Bitcoin and Bitcoin Cash via specified cryptocurrency exchanges. This follows prior repayments on July 5, 16, and 24, 2024. To date, more than 17,000 creditors have received money under the settlement plan.
Future repayments to other creditors will be made if certain requirements are satisfied. These conditions include the validation of the legitimacy of registered accounts and other items, the purpose of designated cryptocurrency exchanges to accept subscription agent receipt agreements, and the trustee’s and the designated exchanges’ repayment conversations are complete, and repayments can be executed safely and reliably. Mt.Gox has stated that eligible creditors will have to wait for a length of time.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source : Binance