Mt. Gox Rehabilitation Plan Deadline Postponed, Yet Again, for Two Months
It’s been over six years, and Mt. Gox creditors are still not any closer to getting their BTC back.
In the Tokyo District Court's latest announcement, the rehabilitation plan deadline has been postponed, yet again, from Oct. 15, 2020, to December 15, 2020.
Already this deadline has been changed several times, and yet again, they postponed it to two months later, which brings no relief as this could easily be changed again. According to the order,
“The Rehabilitation Trustee is currently formulating the rehabilitation plan, but as there are matters that require closer examination with regard to the rehabilitation plan, it has become necessary to extend the submission deadline for the rehabilitation plan.”
The cryptocurrency market continues to await the possible release of 150,000 BTC, currently worth over $1.7 billion, to its former users.