PANews reported on July 16 that according to the announcement by MtGox custodian Nobuaki Kobayashi, on July 16, 2024, MtGox custodian repaid Bitcoin (BTC) and Bitcoin Cash (BCH) to some creditors through designated cryptocurrency exchanges, following July 5, 2024. Currently, more than 13,000 creditors have received repayment. Repayment of other creditors will be carried out as soon as possible after confirming the validity of the account, the exchange's acceptance of the agreement, the completion of the discussion between the custodian and the exchange, and confirmation of safety.
As reported earlier today, Kraken has received creditor funds from the Mt. Gox custodian and it is expected to take 7-14 days for the funds to be credited to the creditor’s account.