Mt. Gox releases online rehabilitation claim filing system for corporate users

  • September 12, 2018
  • 7:17 pm ET

Img via Wikipedia

Mt. Gox has been ordered to repay its corporate customers in addition to individual customers who were victims of a massive hack in 2014.

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According to an official announcement posted on the exchange’s site today, Mt. Gox, who has been ordered to repay victims of an enormous hack in 2014, has extended its online rehabilitation claim filing system to include corporate users.

Today’s announcement has been signed by Nobuaki Kobayashi, the attorney appointed to act as civil rehabilitation trustee managing the exchange’s bankruptcy estate funds.

Re: Release of the Online System for Corporate Users

Document via Mt. Gox

Kobayashi, dubbed “Tokyo’s Bitcoin Whale,” is the same attorney who was overseeing the controversial sell-off of the Mt. Gox BTC reserves which started in Q4 of 2017. But back in June, a Tokyo District Court halted the sell-off and ruled that the reimbursements would have to be made in Bitcoin (BTC) and Bitcoin Cash (BCH), rather than fiat.

Current estimates peg the value of the Mt. Gox Bitcoin reserves to be worth more than $1.3 billion, and payments are still expected to begin in May or June of 2019.

The deadline for filing the rehabilitation claims is October 22, 2018, and can be filed both online and offline.

Via Mt. Gox • h/t Coin Telegraph

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