Nobuyaki Kobayashi, trustee of bankrupt crypto exchange Mt.Gox, has just announced he is preparing to start repayments for the platform's creditors.
He has asked creditors to indicate exactly how they wish to receive the funds: in a single early payment or in several. In addition, they can also choose to receive part of the assets in Bitcoin or Bitcoin Cash.
The exact date when the repayment process will begin has not yet been disclosed.
Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world
Kobayashi has also said no new applications will be accepted from the end of August until full or partial reimbursement of the original payments.
Mt.Gox filed for bankruptcy back in 2014 and the civil rehabilitation process was launched in 2018.