Cryptocurrencies
Mt. Gox Creditors to Get Billions in Bitcoin After Plan Approved
- Creditors can elect to receive about 90% of the assets owed
- Trustee announcement didn’t include distribution date
This article is for subscribers only.
Follow @crypto Twitter for the latest news.
The Japanese trustee for the defunct cryptocurrency exchange Mt. Gox said creditors have approved a plan that will eventually lead to the distribution of more than $9 billion in Bitcoin.