Mt. Gox creditors need to register with exchanges next year to receive lost crypto

Creditors of defunct crypto exchange Mt. Gox have until a Jan. 10 deadline to register and open an exchange account to receive a disbursement.The years-long wait for creditors of the long-defunct bitcoin exchange Mt. Gox may be one step closer to completion, according to a memo.

"The deadline for Selection and Registration is January 10, 2023 ; any creditor who wishes to receive Repayment must complete Selection and Registration on the System by such deadline," the translated memo reads. Distribution would not occur on Jan. 10, stressed a source familiar with the situation, who expects distribution to occur sometime next year. A majority of creditors approved alast November, and in a public letter dated Oct. 4, Kobayashi announced court approval of amendments to the rehabilitation plan.

odd that the article doesn't reference the base repayment deadline of 7/31/23

'next year' makes it seem like its so far away i guess

🚀 Thanksss a millon!

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

San Jose Extends Deadline for Residents to Clear Homeless Encampment Near SJCTime is running out for more than a hundred people holding out at the so-called “Field of Dreams” RV camp near San Jose International Airport.
Source: nbcbayarea - 🏆 596. / 51 Read more »

San Jose to clear large RV encampment at Columbus ParkSan Jose City officials say there are about 140 vehicles currently inoperable in Columbus Park. Some people living there say they’re trying to figure out where they’ll go once the encampment is cleared. This will only get worse as the world ecanomic collapses continues. Best to find a solution now before it gets much worse. We don't need them in Stockton...
Source: KTVU - 🏆 465. / 53 Read more »

Boutique law firm in Miami joins Trump’s legal fight after others steer clearTrump's newly hired lawyer, Chris Kise, has joined the law firm Continental, which is positioning itself to represent certain causes and clients it says most firms won't touch. Stop trying to bullying lawyers. It won’t work. It’s pathetic. What a joke your news outlet is. You poor things.
Source: NBCNews - 🏆 10. / 86 Read more »

On a clear day you can clone forever - Chicago Reader🎃 Just in time for Halloween, handbagtheater offers us a campy sci-fi/horror show about Barbra Streisand cloning her dog. | Matt Simonette
Source: Chicago_Reader - 🏆 447. / 53 Read more »

Chicago Marathon Guide: How To Watch, Cheer or Steer the Heck ClearWhether you plan to watch the Chicago Marathon from your couch, are excited to join the cheering throng of spectators or just want to steer clear of traffic jams, here's what you need to know.
Source: wttw - 🏆 520. / 51 Read more »

Federal prosecutors say city and NYPD have duty to keep NYC sidewalks clear for pedestriansThe new filing from Manhattan federal prosecutors, which could have broad implications for parking enforcement, comes in a suit brought by disabled residents of a Bronx neighborhood who say the NYPD and other city agencies refuse to enforce parking laws. This is overdue especially in the Bronx. They can add Alexander Ave on the list. I sent this to 311 a bit ago after a person in a wheelchair was struggling to get around due to these cars being parked here. What are the broad implications? Are there any ongoing suits? Can a suit be brought in federal court if a vehicle is illegally parked for some time after the police have been notified? It's not like giving a free pass to a car parked where it's not supposed to be, because it has a toy badge or neon vest, or handwritten note on the dashboard, is a terror risk or something. In the city where 9/11 happened.
Source: WNYC - 🏆 602. / 51 Read more »