Mt. Gox moves creditor repayment deadline to October 2027

What happened

Mt. Gox has pushed its creditor repayment deadline back by one year, from Oct. 31, 2026, to Oct. 31, 2027, after a Japanese court approved the change. The notice from rehabilitation trustee Nobuaki Kobayashi was dated Oct. 16.

Kobayashi said many creditors are still unpaid because they have not finished the required procedures or because problems came up during repayment processing. The extension covers Base Repayment, Early Lump-Sum Repayment and Intermediate Repayment.

The trustee said those three repayment types have largely been completed for eligible creditors who met the requirements without issues. The court-approved extension gives the trustee another 12 months to keep distributing funds where repayment remains reasonably practicable.

Why it matters

The move marks the fourth consecutive annual extension since the trustee first targeted October 2023. The deadline later moved to October 2024, then October 2025, and then October 2026.

Distributions through exchanges including Kraken and Bitstamp began in July 2024. By March 2025, more than 19,500 creditors had received Bitcoin and Bitcoin Cash, according to an earlier trustee announcement.

The process traces back to February 2014, when the Tokyo-based exchange filed for bankruptcy after reporting the loss of approximately 850,000 Bitcoin. Further transfers depend on steps such as account verification, corrections to creditor information, exchange acceptance arrangements and security checks.

What is still unclear

• The October notice did not give an updated count of unpaid creditors or state how much Bitcoin and other assets remain to be distributed.
• The trustee did not set a timetable for individual payments inside the new deadline.

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