Mt. Gox Begins Bitcoin, Bitcoin Cash Repayments to Creditors After 10 Years

Jul 5, 2024, 06:36 AM

Bankrupt crypto exchange Mt. Gox has started repayments to creditors, ending a 10-year long wait for users whose crypto was stuck on the defunct platform. The repayments are being made in Bitcoin (BTC) and Bitcoin Cash (BCH), as stated by the trustee. The announcement marks a significant step in resolving one of the most notorious incidents in the history of cryptocurrency exchanges.