Another Mt. Gox delay đź« 

Billions of dollars' worth of Bitcoin remains unpaid as victims of 2014's Mt. Gox exchange collapse may need to wait another year for repayment.

📝 What you need to know

Bitcoin investors who lost their funds in Mt. Gox’s collapse over a decade ago may need to wait another year for their repayments. Mt. Gox's rehabilitation trustee has extended the creditor repayment deadline to October 31, 2026, marking another postponement in the lengthy restitution process.

The court-approved delay stems from many creditors not completing required procedures or facing processing issues. Mt. Gox lost about 850,000 BTC in an elaborate hack and shuttered in 2014. About 19,500 creditors have received funds since last year, though Mt. Gox still has about $4 billion worth of Bitcoin to pay out.

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