The trustee holding what is left after the infamous collapse of the early crypto exchange Mt. Gox is moving closer to a pay-out, asking creditors how they would like to get paid, according to a new letter.
In the letter, dated July 6, Mt. Gox’s Japanese trustee, Nobuaki Kobayashi, has asked creditors to register via an online system a bank account to which they would like to receive the cash payment.
In addition, the letter also asked creditors to indicate in the system whether they would like to receive “a portion of the rehabilitation claims involving cryptocurrency” in the form of bitcoin (BTC) and/or bitcoin cash (BCH), or not in the form of crypto.
Creditors who opt to receive a portion of their claims in crypto are also asked to register the necessary information for the transfer to be made, including wallet addresses to custodians or exchanges.
The letter did not contain information as to when the payments might be made.
The news received mixed reactions online, with some in...
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