@larry_vw_1955. If the payments are in fiat then the trustee might be dumping bitcoin before he sends these repayments to the creditors?

It might be good to know how much of the repayments have been made because if repayment are 90% finished, this might be a signal to buy bitcoin again hehehe.

Great news and good work from the trustee Nobuaki Kobayashi. I was thinking they will still postponed the payment for they third time. But it good to see that these creditors are receiving funds after waiting for this long. They might have made some profit but some persons might have died before the release of this funds which means they have lost all. This is a reminder to everyone to be careful of centralised platforms.

Your speculations are correct this news will encourage people to keep large sums in centralised exchanges because they have a hope of recovering the funds. But this case is just one out of many exchanges that have gone bankrupt and many people lost money that they will never recover. And how many people will be willing to wait for ten years before having access to the money they Invested?

I remeber they sold some BTC back in 2017-18 to cover the creditors. Does anyone know if those were paid out yet or are these the payments that are going out right now?

As far as I can tell none of the BTC in the trustees wallet have moved. So these seem to only be the fiat portions. It’s pretty crazy how it’s been exactly a decade since it went bankrupt and people are getting their money back.

I also think this is a good impression by the way.
I read an article that they will make repayment in October 2024 as you mentioned.
But suddenly they are now paying.
Question is that if they are paying in fiat so what will they pay. The original amount which they credited before exchange crash. Or they will be paid according to the current current value of the Bitcoin. If they will be paid according to the current rate so this will be profitable for them. Otherwise they are just receiving money which they staked and they are just getting back without any profit.

I guess for what pressure they get from that incident happen frim Mt.Gox issue I guess the current thing they get is a price for the effort they exert just to get earned back their money. And good thing to see that if repayment will be done to all Mt.gox affected user all of them are happy because they earn a lot of interest from their bitcoin force to hodl just because of that incident. Its like blessing in disguise for them so lets get updated with this news since somehow their refunds might create a fud and can possibly move the market.

Imagine how big needed to pay by Mt.gox to settle this issue and maybe this actions they made can cause a dump to the market especially if all those people receive a refund will sell all their coins and then there are institutions will ride it and use to create big fuds to manipulate the market.

Still doubt with this information because some cryptocurrency media not sharing yet exactly with Mt. Gox repayment fund to all their user, not matter what payment method kinds using fiat trough PayPal or refunding with Bitcoin depend all user received the same amount of their bitcoin currently in Mt. Gox exchange account before get hacking cases. Probably I don't sure any user of Mt. Gox receiving their payment refund because this issues have been long time but not get true with user receiving back their bitcoin assets.

Have good news if Mt. Gox refund for all user exactly using fiat trough PayPal make bitcoin keep stable on higher price, not get correction yet with bitcoin price and wish if this information true refund payment using fiat not bitcoin. Actually some exchange have been scam difficult to recovery or refund their user assets regarding Mt. Gox have been scam in long time and bitcoin have most cheapest price depend with current price bitcoin now.

repayment made by mt. gox is good news, after they made refunds in the previous 2 sessions. even though we don't know whether the refund will be full or partial, but it will probably restore creditors' confidence in the crypto market and enable the market to move to a better level. hopefully this case can be resolved quickly so that all creditors can get their rights back.

See
Exchange graveyard
Hacked Exchanges since 2011
Report on crypto exchange hacks

People must assume they will lose their cryptocurrencies anytime if they store cryptocurrencies in accounts on centralized exchanges. Because those exchanges can scam, exit and run with user money, can be seized by governments, can be hacked and go to insolvent, bankruptcy.

But it might also leave a good impression on everyone who are not into the cryptospace yet. This will certainly help open the road to a new bull market. I reckon if we think this pump presently happening on bitcoin and altcoins is the bull market, I am quite sure we are mistaken.

We have not yet witnessed the full effect of the approval for the ETFs, the halving, the new developments on altcoins and the entry of new investors hehehe.

I just hope that my year-end bonus for my job would be paid before this price dump happens because that's going to be a lot of bitcoin that's going to be dumped if they're going to go down this path, hopefully. Hopefully my bonus would be more than just my monthly paycheck. It's good to hear that the creditors are getting their money back even if it's not in bitcoin, it seems that their Christmas is more merrier than the most of us, and they'll definitely be starting a good year.