The trustee overseeing the restitution process for the defunct crypto exchange, Mt. Gox, is making progress towards Bitcoin repayments.
Recent reports indicate that the trustee has been actively engaging with creditors to validate their identities and verify the existence of their accounts. Numerous Mt. Gox creditors have disclosed receiving updated emails from the exchange, signaling the completion of identity verification procedures for crypto exchange accounts slated for Bitcoin and Bitcoin Cash repayments.
Mt. Gox Trustee Advances Repayment Plans
An email shared on Mt. Gox’s insolvency hub on Reddit on January 22 revealed that a crypto exchange referenced in the user’s rehabilitation claim has successfully confirmed account ownership with the trustee.
As a result, the exchange is now gearing up to acknowledge the user’s subscription for agency receipt, facilitating repayment in BTC/BCH.
Confirmation emails from the Mt. Gox trustee have been acknowledged by several Reddit cont
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