← RETURN TO THE CHAIN
June 22, 2018Crises & controversyCourt rulingsdocumented

Mt. Gox enters civil rehabilitation

A Tokyo court approved the start of civil rehabilitation proceedings for the failed Mt. Gox exchange.

The change replaced the prior bankruptcy process and allowed creditor claims to be valued under a rehabilitation plan. It opened a path for some distributions in bitcoin and bitcoin cash rather than treating every claim only at old yen values.