Mt. Gox readies to pay back creditors five years after hack


Troubled cryptocurrency exchange Mt. Gox is finally inching closer to settling its debt with creditors, some five years after it was hacked. According to new documents published by Mt. Gox‘s trustee Nobuaki Kobayashi (aka Tokyo Whale, as he’s known in cryptocurrency circles), a decision has been made with regards to creditor’s claims – they’ve been approved or disapproved – and the Tokyo District Court has been notified. The trustee’s decision is due to be known over the next few days, and creditors will be notified accordingly. The exchange‘s trustee said in the documents that there was no plan to revive Mt. Gox…

This story continues at The Next Web

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