TOKYO — Mt. Gox's rehabilitation trustee extended the final repayment deadline to Oct. 31, 2027, pushing back distributions by one year from the previous Oct. 31, 2026, target. The delay keeps approximately 142,000 Bitcoin—valued at roughly $2.8 billion at current prices—locked in the collapsed exchange's recovery process.
Early distributions began in July 2024, releasing portions of claims to select creditors after the Tokyo District Court approved the rehabilitation plan. But the bulk of recovered assets remains undistributed to the roughly 140,000 claimants who have waited since the exchange's 2014 collapse.
The trustee has not disclosed specific reasons for the one-year extension, though managing global logistics and identity verification for thousands of international claimants involves complex administrative and legal procedures.
For traders monitoring Mt. Gox payouts as a potential market catalyst, the delay pushes uncertainty further out. The concentration of 142,000 BTC in trustee hands creates a known wild card—how recipients choose to liquidate or hodl recovered assets will shape near-term supply dynamics. Bitcoin currently trades at $66,420.
Claimants must monitor trustee announcements for payment schedules and procedures. The Oct. 31, 2027, deadline is now the official target for finalizing these long-delayed repayments.
