Creditors seeking to be paid back in bitcoin will receive bitcoin back, which could now be worth more than it was when Mt. Gox declared bankruptcy. At the time the bankruptcy proceedings started, bitcoin was worth $440 per token. Bitcoin is worth more than $6,100 per token at the time of writing.
Kobayashi says in the announcement that he’ll update creditors on the state of Mt. Gox’s assets during a September 26th meeting in Tokyo. Those who claim Mt. Gox owes them money will have between then and October 22nd to file their requests and provide evidence to back up their claims.
A proposal for fulfilling the rehabilitation requests will then be submitted to the court by February 14, 2019, according to Kobayashi.
