Mt. Gox News

The trustee of the Mt.Gox exchange, which went bankrupt in 2014, announced plans to begin paying compensation in Bitcoin, Bitcoin Cash, and cash in early July. The decision was made after the preparatory process, including providing technical support, complying with…

The trustee of the failed crypto exchange Mt. Gox wrote in the latest notice that repayments in Bitcoin and Bitcoin Cash will start in July. Mt. Gox, once the world’s largest Bitcoin exchange, seems to be set to finally begin…

According to Look on Chain analysts, one of the earliest Bitcoin exchanges Mt. Gox has moved billions worth of crypto to an external address for the first time in years. Mt. Gox, which once dominated the crypto trading landscape by…

Given some of those who owed money for 10 years were among BTC’s earliest adopters, fears of a mass-selling event may have been exaggerated. There’s a black cloud looming over the crypto markets — the ghost of a crypto exchange…

Several the Mt. Gox platform creditors immediately reported an update to their claims account

Creditors of long-failed cryptocurrency exchange Mt. Gox have finally started receiving payments for their Bitcoin (BTC), which has been locked up on the exchange since February 2014. On Dec. 25, on the mtgoxinsolvency Reddit page, users speculated that Mt.Gox was…

Creditors of Mt. Gox, a Bitcoin exchange that ceased operations after losing 850,000 BTC in a 2014 hack, have reportedly received an email indicating forthcoming repayments.

Mt. Gox’s trustee, Nobuaki Kobayashi, announced that the deadline for the exchange’s scheduled repayments had been extended by 12 months. In a Sept. 21 letter, Nobuaki Kobayashi, the Rehabilitation Trustee for the once-dominant Bitcoin exchange Mt. Gox, announced a one-year…

Bitcoin developers responded to a lawsuit initiated by self-proclaimed Bitcoin creator Craig Wright, often mocked with the nickname “faketoshi.” On Aug. 21, Bitcoin Legal Defense Fund (BLDF) filed a preliminary issue application with the UK High Court against Wright’s firm…

Mark Karpelès, the former CEO of the fallen crypto exchange Mt. Gox, officially revealed the funds in the 1Feex address are “considered stolen property.” According to a recent tweet, Karpelès claims that the 79956.55 Bitcoins (BTC) were sent to the…

Given the rise in interest towards central bank digital currencies, their usage will continue to increase. This is despite the recent turmoil about the recent depegging of USDC or, much worse, the collapse of the TerraUSD (UST) stablecoin and its…

In a recent tweet, Glassnodes highlighted the number of cryptocurrencies owned by the US government and Mt. Gox trustee.  Based on the Glassnodes report, the US government owns about 205,514 BTC. The latter, Mt. Gox trustee, now holds about 137,890…

The deadline for Mt. Gox creditors to submit their repayment details expired on April 6, opening the repayment window until Oct. 31, 2023. The repayments might take time, and the period could be extended with permission from the Tokyo District…

The Mt. Gox Investment Fund, the biggest creditor of the bankrupt Bitcoin exchange Mt. Gox, has announced that it will not sell the Bitcoins it is due to receive later this year.

The two largest creditors of the Mt. Gox crypto exchange have opted for an early payout in bitcoin rather than fiat currency. According to a Bloomberg report, Mt. Gox Investment Fund (MGIF) picked an early payout in September this year.…

, Mark Karpeles said he got himself involved with crypto-related stuff back in 2010. Back then, he had a hosting company, and one of his clients reported that he had problems making payments via bank and was considering shifting to making payments via bitcoin.