On January 6, the trustee for Mt. Gox, Nobuaki Kobayashi, announced that the deadline for creditors to complete their repayment selection has been pushed back from January 10 to March 10. This change was made due to the progress made by rehabilitation creditors in the selection and registration process.
The announcement also encouraged creditors to finish all necessary steps before the new deadline in order to ensure that they receive their repayments. Those who fail to complete the selection and registration process by the new deadline may not receive their repayments, or may be required to bring documents to the exchange’s head office in order to receive their repayments in Japanese Yen.
It is important for creditors to keep track of the deadline and make sure they have completed the necessary steps to receive their repayments. The delay of the deadline is a result of the rehabilitation creditors making progress in the selection and registration process, and it is crucial that all creditors follow suit in order to ensure that the repayment process goes smoothly.
The announcement states:
“The Rehabilitation Trustee will begin confirming the contents of your Selection and Registration, etc., after this point in time in order to make repayment as promptly as possible after March 10, 2023 (Japan time).”
An important update has been made regarding the repayment process for those who have already finished it: there is no need to redo the process. The trustee has also received permission from the court to extend the deadlines for base repayment, early lump-sum repayment, and intermediate repayment.
These deadlines have now been moved from July 31, 2023 to September 30, 2023. It is essential that those who are eligible for these repayments make note of the new deadlines and ensure that they are met.