Mt. Gox Delays Repayments Until Next Year While Holding $4 Billion Bitcoin

Mt. Gox, one of the earliest cryptocurrency exchanges, has postponed repayments to its creditors by another year. The defunct Bitcoin exchange announced on Monday that the new deadline for repayments is October 31 next year. The update came just days before the previous deadline of October 31 this year.Creditors began receiving repayments in December 2023…