EddieJayonCrypto

 26 Dec 23

tl;dr

Creditors of the defunct crypto exchange Mt. Gox have begun receiving repayments after a decade-long shutdown. The refunds are being sent in fiat or bitcoins, with reports indicating that Japanese Yen refunds are being sent to users through PayPal. Trustee Nobuaki Kobayashi initiated communication a...

Creditors of the defunct crypto exchange Mt. Gox have begun receiving repayments after a decade-long shutdown. The refunds are being sent in fiat or bitcoins, with reports indicating that Japanese Yen refunds are being sent to users through PayPal. Trustee Nobuaki Kobayashi initiated communication about the repayments on November 21, 2023, and the initial report of repayments emerged on December 21, 2023.

Creditors stranded since the February 2014 shutdown of Mt. Gox are now reportedly receiving fiat repayments for their Bitcoin. According to reports on social media and Reddit, it appears that refunds denominated in Japanese Yen are being sent to users through PayPal. Transactions have been verified as legitimate by several users, with one reportedly receiving their payment through a bank transfer crediting Japanese Yen on December 21, 2023.

Disclaimer:
This is not financial advice. Please do your own research before investing in any asset.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 21 Sep 24
 20 Sep 24
 20 Sep 24