Updates on Mt. Gox platform creditor claims have been reported recently. The manager of Mt. Gox has added specific repayment amounts and completion dates to claims accounts, according to the Mt. Gox subreddit. Creditors expecting repayment have seen their claims accounts updated with information regarding Bitcoin (BTC), Bitcoin Cash (BCH), and fiat payouts, leading many to speculate that cryptocurrency payouts will commence soon.

Published screenshots show that the repayment status in the fiat currency return request section has been marked as completed. Some users have confirmed receiving fiat currency payments in their bank accounts. One user mentioned that the fiat transfer arrived more than a month after the fiat payment section of the table was updated, with updates occurring on March 15, April 8, and April 18.

Mt. Gox is anticipated to repay its creditors 142,000 BTC, 143,000 BCH, and 69 billion Japanese yen, equivalent to $510 million, by October 2024. Clients of Mt. Gox have been waiting for their money for a decade. The civil rehabilitation process began in June 2018, and in 2021, a Tokyo court approved the exchange’s proposed plan.

The trustee submitted a reimbursement proposal in December 2020, with details of the plan unveiled in January 2021. In February, the court approved the plan for a subsequent vote. Mt. Gox is set to begin cash repayments to creditors shortly in 2023.

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