The delay in the Mt. Gox repayment timeline to October 31, 2025, may alleviate immediate concerns about a potential supply overhang in the crypto market.
The trustee's statement emphasized that many rehabilitation creditors remain unpaid due to incomplete procedures, highlighting complications that have prolonged the repayment process.
Coinbase analysts noted that the postponement could calm fears of a market impact from the distribution, though they caution about potential downside volatility as funds move.
With 44,900 Bitcoin still under Mt. Gox's control, worth approximately $2.8 billion, the delayed repayments could significantly influence market dynamics when distributed.
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