
Mt. Gox trustee clears major hurdle with ‘final and binding’ rehabilitation plan
The Mt. Gox trustee has announced in a letter that the rehabilitation plan he filed in Tokyo court last February is now final and binding.
The Mt. Gox trustee has announced in a letter that the rehabilitation plan he filed in Tokyo court last February is now final and binding.
Trustee Nobuaki Kobayashi said the plan would be published on December 15, the latest of a number of pushbacks of the date for publication.
A case in California is now waiting to be heard by a federal judge to determine if victims of the failed exchange can seek financial relief.
The lawyer appointed to oversee the Mt. Gox refunds, Nobuaki Kobayashi, has reportedly liquidated around $230 million worth of Bitcoin BCH and Bitcoin Core (BTC) in the past four months.
Court-appointed trustee Nobuaki Kobayashi has been liquidating some of the remaining cryptocurrencies at the best possible price.