The hacked cryptocurrency exchange, Mt. Gox creditors have started filing civil rehabilitation claims starting August 23 to retrieve their lost bitcoins (BTC). Nobuaki Kobayashi, the trustee of the exchange announced that the victims of the Mt. Gox hack can now file rehabilitation claims under a new procedure. Presently this facility is available only for individual claimants. The Tokyo District Court has announced October 22, 2018, as the last date for filing.
The victims of this notorious hack can now submit rehabilitation proofs in accordance with the Civil Rehabilitation Act of Japan, either online or via mail to the office of the trustee in Tokyo. The exchange has published the instructions for both the offline and online filings.
Apart from the BTC retrieving claim, the Mt. Gox cryptocurrency exchange had clarified in a separate update earlier this month, regarding ultimate payouts and other issues. Kobayashi warned creditors that if the proof of claim is not filed by them within the stipulated deadline, they would lose the right to claim.
Creditors who don’t have access to their Mt. Gox accounts need to send proof of their entitlement to a postal address shared by Kobayashi. With a promise to release an online option soon, Kobayashi mentioned that all corporate client claims must be filed by post for now. Creditors especially those who had not submitted their claims prior to Mt. Gox exchange’s bankruptcy, were eagerly waiting for the civil rehabilitation claims process to commence, as stated in the Cointelegraph report.
The cryptocurrency exchange Mt Gox’s June event received a mixed reaction while commentators heaved a sigh of relief on learning that mass BTC sell-offs would end. The exchange proceedings had previously been characterized by these mass Bitcoin sell-offs. These sell-offs had apparently caused markets to become unsettled ever since they began in November 2017.
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