Mt. Gox has officially announced through a statement that the rehabilitation trustee and bankruptcy trustee, Nobuaki Kobayashi, has postponed the bond redemption deadline from the 31st (local time) to October 31, 2025. Mt. Gox stated, "The bankruptcy trustee has completed the procedures necessary to receive the compensation and has almost completed the repayment to creditors who have no problems in the repayment process. However, a considerable number of creditors have not yet received the repayment because they have not completed the compensation receipt procedure or because of problems in the compensation process. Therefore, we have decided to extend the repayment period by one year so that we can compensate the creditors as reasonably as possible. Mt. Gox filed for bankruptcy in 2014 after losing 850,000 bitcoins in a hack. The company has been working to repay its creditors ever since. The bond repayment deadline was originally set for October 2023, but has now been extended to October 2025. This extension gives Mt. Gox more time to repay its creditors and complete the bankruptcy process.