Mt. Gox Delays Creditor Payments: Extension to 2024

Mount Gox, a once-dominant cryptocurrency exchange that experienced a devastating hack in 2014, has again extended the timeline for repaying creditors. The rehabilitation process now faces an additional twelve-month delay, adding to the frustration of investors seeking their hard-earned funds. Though the trustee remains committed to a fair and transparent resolution process, this latest setback fuels concerns about market stability and the overall credibility of cryptocurrency exchanges.