The trustee cited incomplete creditor procedures as roughly 34,000 BTC still awaits distribution
Mt. Gox’s rehabilitation trustee has extended the deadline for creditor repayments to Oct. 31, 2027, from Oct. 31, 2026, after obtaining court permission, according to a notice dated Oct. 16.
The one-year extension is intended to give creditors who have not received their funds additional time to complete outstanding procedures or address problems encountered during repayment processing.
Trustee Nobuaki Kobayashi said base repayments, early lump-sum repayments and intermediate repayments have largely been completed for rehabilitation creditors who finished the required procedures and experienced no issues.
However, a large number of creditors remain unpaid because they have not completed the necessary steps, while others have been unable to receive repayments for various reasons related to the process. The trustee said extending the deadline would help facilitate repayments to these creditors where reasonably practicable.
The estate’s planned distributions include about 142,000 BTC, about 143,000 BCH and ¥69 billion in cash.
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Repayments started in July 2024, flowing to creditors through intermediaries including Kraken, Bitstamp and BitGo.
As of mid-2026, around 34,000 to 34,500 BTC remained under the trustee’s control, waiting to reach creditors who have not yet been paid. That remaining pile is roughly a quarter of the Bitcoin earmarked for distribution.
Mt. Gox collapsed in 2014 after a hack that cost the exchange approximately 850,000 BTC. The planned payout covers about 142,000 BTC, meaning creditors were never going to be made whole in Bitcoin terms.
