Mt. Gox to distribute $9 billion of bitcoin, bitcoin cash repayments from beginning of July

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Mt. Gox to distribute $9 billion of bitcoin, bitcoin cash repayments from beginning of July
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Mt. Gox is set to begin distributing bitcoin and bitcoin cash repayments from July, according to the Rehabilitation Trustee.

Defunct bitcoin exchange Mt. Gox is set to begin distributing bitcoin and bitcoin cash repayments from July, according to a notice sent by Rehabilitation Trustee Nobuaki Kobayashi on Monday.

Kobayashi said the debtor had taken time to ensure safe, reliable and compliant repayment arrangements and will “commence the repayments in the order of the cryptocurrency exchanges with which the Rehabilitation Trustee will complete the exchange and confirmation of the required information.”

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