Nobuaki Kobayashi, who was appointed to oversee the handling of compensation claims against the company, said he had applied to a court in Tokyo to revise the deadline for filing.
Andy Pag, the head of Mt. Gox Legal, resigned from his post, telling the creditors that he would step down at the end of the month.
Decisions have been made for thousands of Mt. Gox claimants, but many won’t be happy with what the judge has decreed.
Mark Karpeles will appeal the court decision that found him guilty of charges relating to data manipulation.
Anyone still hoping Mark Karpeles would spend time behind bars got some bad news recently, as it appears Japanese prosecutors have finally given in.
Trustee Nobuaki Kobayashi announced the amount secured for creditors stands at $623 million, slightly down from the figures discussed at the first creditors' meeting.
The Japanese court has issued its verdict and it certainly wasn’t what any in the crypto community had expected given the magnitude of the case.
The former CEO of the now-defunct Mt. Gox had made a motion to stay his case, urging it to allow him enough time for an ongoing case in Japan to be determined.
Brock Pierce, the founder of Blockchain Capital, recently revealed plans to try to revive the Mt. Gox cryptocurrency exchange.
Brock Pierce plans to recover the company’s $1.2 billion in assets and to disperse them to those who had their funds locked down in the collapse.