May 14, 2025

Mt. Gox Creditors Largely Opt to Hold Bitcoin Payouts

1 min read

Creditors of the hacked cryptocurrency exchange Mt. Gox are not rushing to sell their Bitcoin payouts, according to a Reddit community vote. A recent poll on the Mt. Gox Insolvency subreddit revealed that most Mt. Gox creditors plan to retain their Bitcoin payouts. These payouts are being received nearly 11 years after the Mt. Gox hack. Mt. Gox Insolvency is a subreddit for those affected by the 2014 collapse of Mt. Gox and participating in the official insolvency process in Tokyo through the Japanese court system. According to the poll, which closed on July 13, approximately 260 creditors (56% of

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