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Mt. Gox began repaying creditors in Bitcoin and Bitcoin Cash on July 5, 2024, under a legal rehabilitation plan.

Attorney Nobuaki Kobayashi oversees the process, ensuring creditor verifications and agreements before disbursements.

Mt. Gox’s 2014 collapse involved a loss of 850,000 BTC, leading to bankruptcy, legal battles, and a shift to civil rehabilitation in 2018.

Mt. Gox, once a dominant force in cryptocurrency exchange, has initiated the repayment process to its creditors, distributing Bitcoin and Bitcoin Cash through designated exchanges. This move follows the detailed rehabilitation plan set by the exchange’s legal team.

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