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Once one of the largest Bitcoin 
$92,177 exchanges, Mt. Gox has delayed repayments to creditors yet again. The bankrupt Tokyo-based exchange announced the shift of the final payment deadline from October 31, 2025, to October 31, 2026. The decision was made due to unresolved applications continuing in the payment process.
The Majority of Payments Completed, But Thousands Wait
The rehabilitation trustee of Mt. Gox stated that the primary, early lump sum, and intermediate payments are largely completed. However, transactions could not be finalized due to creditors who have yet to complete the necessary identity verification and compliance steps. With the decision taken under court permission, the new payment schedule extends to the end of 2026. This marks the third official postponement since the exchange’s collapse in 2014.
The trustee emphasized the goal of reaching individuals who have not yet received payments as soon as possible. Initially set for 2023, the deadline was first moved to 2025 and now to 2026. Thus, the long-running liquidation process of Mt. Gox has been extended once more, with October 31, 2026, as the new anticipated deadline for repayments.
From the Loss of 850,000 Bitcoins to the Present Day
Established in 2010, Mt. Gox filed for bankruptcy protection following a cyberattack in 2014, which saw 850,000 Bitcoins stolen. According to the company’s 2023 plan, the goal was to make partial repayments to creditors, involving 142,000 BTC, 143,000 BCH, and fiat currency worth 69 billion yen (approximately $510 million).
It has been confirmed that starting mid-2024, many creditors received their payments via Kraken and Bitstamp. By March 2025, it was announced that 19,500 individuals had been paid in Bitcoin and Bitcoin Cash. However, Arkham data indicates that the trustee still holds 34,689 BTC valued at $4 billion.
