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Mustafa Mulla
Mustafa Mulla
Author
Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
- Oct 10, 2024 17:05 UTC
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4 Total Readers
Mt. Gox, the now-defunct crypto exchange, has announced that its bankruptcy trustee is nearly finished compensating creditors who completed the necessary steps. However, many creditors still need to finalize their procedures, delaying their payments. Some issues during the compensation process have also held back payments for many creditors. To help address these problems, the trustee has received court approval to extend the compensation deadline by one year, from October 31, 2024, to October 31, 2025. This extra time aims to allow affected creditors to complete the required processes and receive their payments fairly.
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