🟦 Bitstamp has announced the start of asset distribution from the Mt. Gox exchange to its creditors. Clients are asked to wait up to a week for the completion of security checks, and a separate plan has been proposed for residents of the United Kingdom. Kraken also confirmed receiving its share of the assets, but has not disclosed the amount, raising questions among creditors.
🟦 The payouts began after long delays and legal proceedings. The Tokyo District Court set the deadline for the completion of the payouts in October 2024. Nobuaki Kobayashi, the rehabilitation trustee, is working on a plan that includes the distribution of Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH).
🟦 The return of assets could impact cryptocurrency prices, as many early investors are receiving funds at a higher value. Caution is being observed in the market in anticipation of potential sell-offs.