Mt. Gox Reportedly Starts Paying Some Creditors Through PayPal
Mt. Gox appears to have started paying some creditors after the administrator of the defunct bitcoin exchange said last month that it would pay creditors in cash soon.
In a Reddit thread, several users, who appeared to be creditors of the defunct bitcoin exchange, said that they received their payments from Mt. Gox via PayPal today.
"I just got paid," wrote a user named Free-End2543, attaching a screenshot of a notification emailed from PayPal.
“I just received my down payment through Paypal!! I was sure it was a phishing attempt on my email, but no, legit money in JPY,” said another user named rpostwvu, and several others posted similar messages on the social media platform.
A user of a Telegram group chat titled "MtGoxCreditors" confirmed with The Block that he received a payment denominated in Japanese yen, dated December 25, from the Mt. Gox administrator at PayPal.