The trustee of Mt. Gox crypto exchange, which ceased to exist, has spent another $1.2 million on the costs associated with the current process over the past six months. This is stated in a message published today at the official forum of the exchange after the meeting of its creditors.
Creditors, for their part, are dissatisfied with the lack of transparency about where the money went, and explanations about the general progress of the case.
"Not too many updates. The usual report on the financial part. $1.2 million has been spent over the past six months. No updates on Vinnick, NZ, FinCEN or recovery of lost funds," says a member of the management board at h.ono.
Seven years have passed since the bankruptcy of Mt. Gox, but former users of the platform still can not get 140,000 bitcoins, which remain at the disposal of the exchange after the hack.
Trustee Nobuaki Kobayashi repeatedly postponed the filing of a civil rehabilitation plan to the Tokyo court, which is a prerequisite for the launch of further procedures for the distribution of bitcoins in favor of their full owners.
The next deadline is scheduled for October 15. According to some participants of the process, it can be postponed again. In addition, filing a plan does not mean that the distribution of bitcoins will begin at the same time.
The next meeting of Mt. Gox creditors is scheduled for March 24, 2021.