Some Reddit users noted that the Mt.Gox website has updated some details and shown an updated unpopulated table to provide more clarity to Mt.Gox creditors on the paid/unpaid balance.
Mt.Gox was a popular Bitcoin exchange that started in 2010. It became very popular as many people used it to buy and sell Bitcoin due to fiat backing. But in early 2014, it was hacked by someone. The people running MtGox tried to cover up the hack by altering the data records of what happened. Many users said their money had disappeared from the site. After looking deep into it, they discovered that MtGox was also doing illegal things like washing dirty money and tampering with their customers’ transactions.
Over the past ten years, the trustee of Mt.Gox has done his best to return the withdrawals from Mt.Gox’s creditors. In the past, they have often announced fund withdrawal schedules, but each time they have postponed it for various reasons.
Last time, in December 2023, MtGox sent an email to all MtGox creditors informing them that they had implemented the repayment scheme Status’ and Refund Status Details display features on the website.
After that email, the majority of MtGox creditors thought they would now start withdrawing funds, but later only a few people confirmed that they had received partial amounts of funds.
On April 21, 2024, some Reddit users talked about some updates.
Reddit users noticed that the MtGox website had problems loading a few days ago, but today they updated an unpopulated table (empty table).
In the table we can see that the table is empty, but they list Bitcoin, Bitcoin Cash and Yen as cash withdrawal options.
Discussions among Reddit users revealed their disappointment with the MtGox trustee due to multiple delays in the fund’s withdrawal plan.
Some people said that they are completing formalities to show that they are doing something for MtGox’s former creditors, but in reality they are not doing anything.
Although some Reddit users said that this is a sign that they are ahead of the planned withdrawal plan, regardless of whether they are late, at least they are working on withdrawing funds to compensate the customers.
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