Mt. Gox trustees face a deadline on Oct. 31 to complete Base, Early lump-sum, and Intermediate repayments for Bitcoin creditors (BTC), with roughly 34,689 BTC still sitting in Mt. Gox-linked wallets as the clock ticks down.
The Tokyo court extended the original cutoff date of Oct. 31, 2024, by one year after processing delays and missing documentation stalled distributions that began in July 2024.
The trustee delivers Bitcoin and Bitcoin Cash through designated exchanges, such as Bitstamp and Kraken, or in cash to creditors who did not request cryptocurrency.
Oct. 31 marks a completion date, not a single payout event, and the trustee reports that these stages are “largely completed” for creditors who have submitted all required information.
The backdrop raises questions about whether exchanges will absorb a late-month supply wave or creditors will route coins through custody and over-the-counter channels.
| Stage | What it does | Prerequisites / trigger | Asset form & route | Timing window | Other mechanics |
|---|---|---|---|---|---|
| Base Repayment | Mandatory first layer; includes Small-Sum up to ¥200,000; protects fiat claims; reduces post-Base balance. | Court time-confirmation; creditor KYC/portal complete; Agency Receipt Agreemen |
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Author: Gino Matos
