Bitcoin News on Nostr: Mt. Gox trustee to start Bitcoin, Bitcoin Cash repayments in July. After a decade of ...

Mt. Gox trustee to start Bitcoin, Bitcoin Cash repayments in July. After a decade of anticipation, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange. Mt. Gox, the cryptocurrency exchange that lost 850,000 Bitcoin in investor funds in 2014, will start repaying its defunct users. Mt. Gox’s rehabilitation trustee will start processing repayments in Bitcoin starting July 2024, according to a written note by the exchange issued on June 24.“The Rehabilitation Trustee will commence the repayments in Bitcoin and Bitcoin Cash in due course to the cryptocurrency exchanges with which the Rehabilitation Trustee has completed the exchange and confirmation of the required information for implementing the repayments.”The trustee has once again asked the users for patience, adding that the order of the payments will depend on the respective cryptocurrency exchange.