Mt. Gox Extends Creditor Repayment Deadline to 2027

The sixth extension is the real signal: Mt. Gox's remaining distributions are now a procedural problem, not a timing one, with incomplete paperwork and processing issues keeping some creditors unpaid. That matters less for near-term market supply than for the precedent it sets—a rehabilitation process that has outlasted the exchange by more than a decade and still lacks a clean finish. Whether the trustee resolves the outstanding procedures before the new deadline is the open question.