Reports emerge suggesting Mt. Gox creditors are receiving repayments

Mt. Gox creditors on Reddit claim they’ve begun receiving payments from the exchange, nearly 10 years after it first shut down.

Creditors of the long-defunct Bitcoin exchange Mt. Gox have reportedly started to receive fiat repayments for their Bitcoin, which had been trapped on the exchange since February 2014, according to emerging reports on social media. 

Several posts from the Reddit page r/mtgoxinsolvency suggest that Mt. Gox has been sending Japanese Yen-denominated refunds to users via PayPal — nearly ten years after the funds had become locked on the exchange on Feb. 24, 2014. The reports are unconfirmed.

“I just got paid,” claimed Reddit user Free-end254, attaching a screenshot of the email that contained the PayPal receipt of payment. 

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Source: https://cointelegraph.com/news/mt-gox-creditors-repayments-received-social-media-reports