Mt. Gox pushes repayments to 2026 as decade-long saga drags on

Mt. Gox, the infamous defunct cryptocurrency exchange, has delayed customer repayments once again, pushing the date to October 31, 2026. This ongoing saga, which has lasted over a decade, continues to frustrate affected customers who have been waiting for their funds. The postponement is attributed to incomplete creditor procedures, highlighting the complexities and challenges in resolving the exchange's bankruptcy. This situation matters because it underscores the risks associated with cryptocurrency investments and the importance of regulatory frameworks to protect consumers.