Mt. Gox extends creditor repayment deadline to October 2027
Mt. Gox gives creditors another year to collect
Mt. Gox has pushed its creditor repayment deadline to October 2027. This is the sixth extension since 2023 for the failed crypto exchange, which is still settling outstanding claims.
Rehabilitation trustee Nobuaki Kobayashi said on Friday that the Tokyo District Court approved the change. The deadline for base, early lump-sum and intermediate payments moves from Oct. 31, 2026 to Oct. 31, 2027.
Why some creditors are still waiting
Kobayashi said repayments were largely finished for creditors who completed the required procedures without problems, apart from certain payment types.
However, he said many creditors remain unpaid. Some have not completed the procedures, and others ran into issues during payment processing.
Key numbers behind the delay
- The new repayment deadline is Oct. 31, 2027, one year later than the previous date.
- This is the sixth extension since 2023 — the fourth since September 2023, after two shorter extensions earlier that year.
- Mt. Gox began repaying creditors in Bitcoin and Bitcoin Cash in July 2024.
- In March 2025, the exchange said more than 19,500 creditors had received repayments.
- Wallets linked to Mt. Gox still held about 34,400 BTC, worth around $2.8 billion, as of Tuesday, according to Arkham Intelligence data.
What the trustee's notice does not say
The notice did not disclose how many creditors are still unpaid. It also did not say how much Bitcoin is left to be distributed. That means the remaining size of the repayment effort is not publicly known from this announcement.
What is confirmed
The court approved the new deadline, and the trustee announced it. Repayments have already been made in Bitcoin and Bitcoin Cash since July 2024, and more than 19,500 creditors had been paid as of the March 2025 update.
What is still unclear
The exact number of unpaid creditors is unknown. The amount of Bitcoin still owed to them is also unknown. The figures on the remaining holdings of about 34,400 BTC come from Arkham Intelligence, a blockchain data firm, not from the trustee.
Why this matters
Mt. Gox was once a major Bitcoin exchange, and its collapse left many people without access to their funds. The repeated delays mean some creditors will wait longer for money that has been owed to them for years. The trustee's holdings are also large enough that their movement is watched by market observers, though the notice did not announce any plan to move or sell coins.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.