Mt. Gox: Has begun repaying BTC and BCH to some creditors through certain designated cryptocurrency exchanges

ChainCatcher message, according to relevant documents, Mt. Gox stated that on July 5, 2024, the bankruptcy trustee has repaid Bitcoin and Bitcoin Cash to some creditors through partially designated cryptocurrency exchanges as per the reorganization plan.

Repayment to other creditors will be expedited once the following conditions are met:

(1) Confirmation of the validity of registered accounts and other matters;

(2) Intention of the designated cryptocurrency exchange to accept the agency receiving agreement;

(3) Discussions on repayment completed between the bankruptcy trustee and the designated cryptocurrency exchange;

(4) Confirmation that the repayment can be conducted safely. Mt. Gox requests eligible creditors to be patient.