Mt Gox Pushes Creditor BTC Deadline to October 2026

Mt. Gox delayed creditor repayments to October 31, 2026.

Mt. Gox, a Tokyo-based Bitcoin exchange, was the world’s largest from 2010 until its 2014 collapse after hackers stole 850,000 BTC. Now in bankruptcy, it holds 34,689 BTC ($4 billion) for creditor repayments, delayed to October 31, 2026, per trustee Nobuaki Kobayashi’s October 27, 2025, announcement.

Payout Progress

Japanese courts oversee the bankruptcy process, with some creditors receiving fiat and Bitcoin in 2024. Verification delays for the 140,000 BTC claims from the 2014 hack persist, pushing back full distributions.

Market Effect

Bitcoin trades near $115,000, with a $2 trillion market cap. The delay minimizes short-term selling pressure, seen as neutral by analysts. It extends uncertainty for creditors but limits impact on Bitcoin’s price.