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Mt. Gox trustee announces approval of rehabilitation plan, meaning creditors could soon receive billions
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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 tcreditors 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.
The decision follows an Oct. 8 vote from thousands of Mt. Gox users whose losses are estimated to be worth in the billions of dollars. Kobayashi said the distribution of the assets likely wouldn’t begin for
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