Mt. Gox Delays Creditor Repayments Until 2026
The long-awaited payouts from Mt. Gox are postponed once again. The rehabilitation trustee announced that creditors will have to wait until October 2026 — another reminder of how deep the scars from crypto’s earliest collapse still run.
Another Year of Waiting
The defunct Bitcoin exchange has delayed repayments to creditors for yet another year, just four days before the previous deadline of October 31, 2025.On October 27, the Mt. Gox rehabilitation trustee stated that “base repayments, early lump-sum payments, and interim payments have been largely completed” for creditors who successfully completed the required verification procedures.
However, a significant number of creditors still haven’t received funds due to pending documentation or technical issues during the verification process.
To accommodate these unresolved cases, the trustee sought court approval to extend the final repayment deadline by a full year.
Official Statement and Legal Approval
According to the latest notice,The extension underscores the complexity of the Mt. Gox case, where nearly 142,000 BTC remain under custody. Each phase of the repayment process requires cross-verification between exchanges, trustees, and individual claimants — many of whom filed years ago.
A Decade of Unfinished Business
Once the world’s largest Bitcoin exchange, Mt. Gox collapsed in 2014 after losing approximately 850,000 BTC to hackers. The drawn-out rehabilitation process has become a symbol of both the early chaos and slow maturation of the crypto industry.For some creditors, the new delay means another year of uncertainty — but also a chance for higher potential returns if Bitcoin continues its current rally.
As one former trader put it in an online forum:
Looking Ahead
With the new deadline set for October 31, 2026, Mt. Gox remains a living reminder of the crypto sector’s growing pains.Whether this marks the final delay or just another chapter in the saga, one thing is certain: the echoes of Mt. Gox still shape trust — and caution — in the digital-asset world.
Editorial Team — CoinBotLab