Currency

Payments for $9 billion bitcoin settlement from Mt. Gox collapse could start in months, report says

15 days ago   |   By

Bitcoin. Getty
Mt. Gox creditors are set to receive $9 billion in payments related to the crypto exchange's 2014 collapse.
One asset manager expects payments to begin in the first or second quarter of 2022.
Terms for a compensation settlement were finalized earlier this week.
The plan to compensate creditors of the collapsed crypto exchange Mt. Gox has been approved, and payments of about $9 billion are set to go out soon. While it's still unclear if payouts will be in cryptocurrency or fiat currency, some industry watchers see creditors getting bitcoin in a matter of months. "Those...
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