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Mt. Gox Rehabilitation Plan Deadline Extended Yet Again, This Time to Dec. 15
Mt. Gox's rehabilitation plan deadline of Oct. 15 has been extended yet again this time to December.
Mt. Gox's rehabilitation trustee Nobuaki Kobayashi announced Thursday an extension to the submission deadline for a rehabilitation plan for the bankrupted exchange, the latest in a long list of deadline extensions.
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- The trustee is working on the rehabilitation plan, according to a notice published Thursday. But "matters that require closer examination" made it "necessary to extend the submission deadline."
- The deadline has been extended multiple times, with the most recent extensions happening in November 2018, April 2019 and this past March.
- Now the deadline is set for Dec. 15.
- In a status report filed Oct. 7, the trustee wrote, "It should be noted that the deadline may be further extended."
- Mt. Gox declared bankruptcy in 2014 after hackers stole 850,000 bitcoins from its servers.
Zack Voell
Zack Voell is a financial writer with extensive experience in cryptocurrency research and technical writing. He has previously worked with leading cryptocurrency data and technology firms, including Messari and Blockstream. His work (and tweets) has appeared in The New York Times, Financial Times, The Independent and more. He owns bitcoin.
