Mt Gox trustee strives to get more time for rehabilitation claims filing

Posted 23 November, 2018

The trustee of the dead trading platform Mt. Gox is striving to get more time for the civil rehabilitation claims.

Nobuaki Kobayashi said in the statement released on Thursday:

"Considering that creditors in the Civil Rehabilitation Proceedings are located worldwide, and that a certain period of time is required for proofs of rehabilitation claim forms to be delivered, among other factors, the Rehabilitation Trustee will make efforts to request the court to accept proofs of rehabilitation claims received by December 26, 2018 (Japan time)."

The claims for the rehabilitation are still can be submitted via an online system. Moreover, as it is reported, those creditors have no access to the online system can send the applications to the office untill December 26.

For reference, the court set the deadline for October 22, which obviously already expired. At the same time, it is now unclear whether the court agrees to accept the claims that were submitted after the deadline.

Mt. Gox exchange officially shut down business in April 2014. The platform was hacked and lost 850,000 bitcoin. However, Mt. Gox got approved for civil rehabilitation only in June 2018, following the request sent back in late 2017 at first.

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23 November, 2018 13:32

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