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Mt. Gox Repayment Deadline Pushed to 2027

Mt. Gox's trustee, Nobuaki Kobayashi, has pushed back the deadline for repaying creditors from October 31, 2023 to October 31, 2027. Many creditors have not completed the necessary procedures for receiving their Bitcoin, leaving around 34,388 BTC, worth about $2.8 billion, still in the exchange's wallets. The trustee has moved the deadline four times, citing incomplete procedures and processing issues.

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