Nobuaki Kobayashi (pictured), the rehabilitation trustee for the bankrupt bitcoin exchange MT Gox, stated last month the distribution of funds can not meet the deadline of 28th of October, so it has been postponed to March 31, 2020.
That’s precisely six years since MT Gox entered bankruptcy in 2014, with the trustee stating according to a rough translation:
“I am in discussion with several parties while continuing to consider how to pay each creditor.
However, as described in 2-2 (1) above, TIBANNE Co., Ltd. and CoinLab, Inc. have been filed for appraisal, and TIBANNE Co., Ltd. is pending an objection against the decision. Inc. may also be filed as an objection against the decision.
In this way, it is difficult to prepare a rehabilitation plan because the existence of a large…