Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait
On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges.

After Ten Years, Mt Gox Trustee Announces July Start for Repayments
Approximately $9 billion worth of bitcoin (BTC) and $50.8 million in bitcoin cash (BCH) are poised to be distributed to Mt Gox creditors. “The repayments will be made from the beginning of July 2024,” the official Mt Gox announcement stated. This disbursement follows a lengthy wait of ten years and three months by creditors for reimbursement. Mt Gox ceased operations on Feb. 24, 2014, when it halted all trading and took its website offline.