Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Tnoy30 on October 21, 2021, 10:07:11 AM
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Nobuaki Kobayashi said distribution of the Mt. Gox assets likely wouldn’t begin for at least a month, once the rehabilitation plan became "final and binding." Creditors from the now-defunct crypto exchange Mt. Gox have overwhelmingly approved a rehabilitation plan to compensate them for billions in lost Bitcoin.
According to a Wednesday announcement from Mt. Gox trustee Nobuaki Kobayashi, roughly 99% of the creditors affected by the collapse of the Japan-based crypto exchange approved of the draft rehabilitation plan originally filed in the Tokyo District Court in February. In addition, he reported claimants representing roughly 83% of the total amount of voting rights voted in favor of the plan.
Source: Mt. Gox trustee announces approval of rehabilitation plan, meaning creditors cou
(https://cointelegraph.com/news/mt-gox-trustee-announces-approval-of-rehabilitation-plan-meaning-creditors-could-soon-receive-billions)