Mt. Gox postponed the deadline to repay creditors, Canadian Bitcoin core developer Peter Todd was named Satoshi in HBO doco: Hodlers Digest
Defunct crypto exchange Mt. Gox has postponed the deadline to repay its creditors by a year, pushing the due date to return funds to Oct. 31, 2025.
According to an official announcement, many rehabilitation creditors still have not received their repayments after not completing the required procedures.
The platform was one of the earliest crypto exchanges in the world and, at one point, handled about 70% of all global Bitcoin transactions. It faced a series of security breaches and unnoticed hacks that led to a halt in withdrawals and its eventual collapse in 2014, locking the funds of about 127,000 users.
