Users posted a screenshot of an email from Kraken in the Mt. Gox creditors Telegram group that appears to confirm the transfers.
Crypto exchange Kraken has received a pair of bitcoin and bitcoin cash transfers from the Mt. Gox Rehabilitation Trustee, according to a creditor Telegram group.
“We have successfully received creditor funds from the Mt. Gox Trustee,” Kraken appeared to write in the email, according to a screenshot posted on Telegram. “While we will work to distribute funds as quickly as possible, please anticipate 7-14 days for funds to be credited to your account. The amount you will receive has been determined by the Trustee, and we will distribute according to their instructions.
“Following repayments on July 5, 2024, on July 16, 2024, the Rehabilitation Trustee made repayments in Bitcoin and Bitcoin Cash to some of the rehabilitation creditors through some of the Designated Cryptocurrency Exchanges etc. in accordance with the Rehabilitation Plan. As a result, the Rehabilitation Trustee has now made repayments in Bitcoin and Bitcoin Cash to over 13,000 rehabilitation creditors to date,” Rehabilitation Trustee Nobuaki Kobayashi wrote in a separate notice sent on Tuesday.
Mt. Gox was founded in 2010 and became the largest bitcoin exchange globally until the platform suffered a security breach in 2014, resulting in the loss of 850,000 bitcoins.
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