In a development that could offer relief for Bitcoin (BTC) and the broader crypto ecosystem, Mt. Gox, the defunct cryptocurrency exchange that was hacked in 2014, has announced a significant delay in its repayment plan for affected creditors. Originally set for October 31, 2024, the new deadline for repayments has been pushed to October 31, 2025.
Mt. Gox Trustee Announces New Repayment Timeline
This delay is particularly notable given that the repayment of approximately 200,000 BTC