Mt. Gox confirms creditors’ Bitcoin addresses for repayment: Report

After launching bank repayments in December 2023, the Mt. Gox trustee is getting ready to start repayments of BTC and BCH on Bitstamp and Kraken accounts.

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The trustee of the hacked cryptocurrency exchange, Mt. Gox, is inching toward Bitcoin (BTC) repayments as it reportedly reached out to creditors to confirm their identity and the existence of their accounts. 

Numerous Mt. Gox creditors reported receiving new emails from Mt. Gox about the completion of identity verification for crypto exchange accounts that are set to be used to repay Bitcoin and Bitcoin Cash (BCH).

One such email, posted on Mt. Gox’s insolvency hub on Reddit on Jan. 22, says that a crypto exchange mentioned in the user’s rehabilitation claim has confirmed the account ownership with the trustee. The email says that the exchange is now expected to accept the user’s subscription to the agency receipt to receive repayment in BTC/BCH.

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