Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»ADOPTION NEWS»Mt. Gox has reportedly begun repaying some creditors through PayPal.
ADOPTION NEWS

Mt. Gox has reportedly begun repaying some creditors through PayPal.

By Crypto FlexsDecember 26, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Mt.  Gox has reportedly begun repaying some creditors through PayPal.
Share
Facebook Twitter LinkedIn Pinterest Email

Mt. Gox appears to have begun repaying some creditors after becoming the trustee of a defunct Bitcoin exchange. I said it last month He promised to repay his creditors in cash soon.

on reddit lineSeveral users, who appear to be creditors of the defunct Bitcoin exchange, today filed a lawsuit against Mt. Mt. via PayPal. Gox said he received the payment.

“I just got paid,” said one user, Free-End2543. wroteI am attaching a screenshot of the email notification from PayPal.

“I just received my initial payment via PayPal!! “It was definitely a phishing attempt in my email, but there was no legitimate money in JPY.” Another user named rpostwvu saidSeveral other people also posted similar messages on social media platforms.

One user in a Telegram group chat titled “MtGoxCreditors” said PayPal’s Mt. Gox confirmed to The Block that it received the Japanese yen-denominated payment on Dec. 25 from its trustees.

Mt. Gox’s rehabilitation trustee did not immediately respond to The Block’s request for comment.

The reported repayment comes after the exchange, which collapsed in 2014, said in an email to creditors last month that its recovery trustee was “committed to commencing cash repayment within 2023.” However, the trustee said repayments “will continue until 2024” due to the large number of creditors in recovery.

Last September, Mt. Gox extended the deadline for repaying rehabilitation creditors from October 31, 2023 to October 31, 2024.

Launched in 2010, the Tokyo-based platform gained popularity and became the largest Bitcoin exchange by 2013. 70% However, all withdrawals were halted when the company ceased trading in early 2014. The site soon went offline and the company filed for bankruptcy protection after losing more than 800,000 bitcoins.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

KAITO unveils Capital Launchpad, a Web3 crowdfunding platform that will be released later this week.

July 22, 2025

Algorand (Algo) Get momentum in the launch and technical growth.

July 14, 2025

It flashes again in July

July 6, 2025
Add A Comment

Comments are closed.

Recent Posts

LFG… Launches AI Alpha Pilot For Meme-Coin Hunters

July 24, 2025

Zircuit Launches AI Trading Engine For Lightning-Fast, Cross-Chain Trading

July 24, 2025

Bybit Card Celebrates Two Million Users With Limited-Edition Collectible And 1 BTC Giveaway

July 24, 2025

MemE Coin PEPETO, based on Ether Leeum, has exceeded $ 5.5 million in pre -sales.

July 24, 2025

Crypto EXEC is not the end of the rally.

July 24, 2025

Big Bob Slot -Self -There fish, bite wins!

July 23, 2025

XRP Holders Multiply Wealth 10X – Safely & Fast

July 23, 2025

Ethereum Based Meme Coin PEPETO Surpasses $5.5M In Presale

July 23, 2025

Crypto MEV Bot (Cryptomevbot.com) Launches Crypto Trading Bot For Individual And Enterprise Traders

July 23, 2025

Ether Leeum price rises

July 23, 2025

How to Start with Web3 and Crypto -Dew Prehtation

July 23, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

LFG… Launches AI Alpha Pilot For Meme-Coin Hunters

July 24, 2025

Zircuit Launches AI Trading Engine For Lightning-Fast, Cross-Chain Trading

July 24, 2025

Bybit Card Celebrates Two Million Users With Limited-Edition Collectible And 1 BTC Giveaway

July 24, 2025
Most Popular

Unlocking the Potential of Aero Coin: The Next Big Thing in Cryptocurrency? – DeFi information

January 7, 2024

It flashes again in July

July 6, 2025

One Trading Secures Dutch License for Cryptocurrency Derivatives Trading in Europe –

July 31, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.