The trustee of the bankrupt crypto exchange MtGox, Nobuaki Kobayashi, said in an official letter that the deadline for paying compensation to affected creditors is extended until October 31, 2025.

Nobuaki Kobayashi noted that 44,905 BTC worth $2.7 billion remained in the exchange’s controlled wallet. According to him, by the end of August, more than 19,000 clients of the exchange received compensation in bitcoins and Bitcoin Cash. However, not all creditors have completed the necessary documents for payment of funds.

“Many creditors have still not received their payments because they have not completed the necessary procedures. In addition, a significant number of creditors have not received reimbursement due to problems encountered in the payment process,” the trustee’s letter stated.

Earlier, The Block reported that MtGox lenders began receiving transfers in Bitcoin and Bitcoin Cash to their accounts on the Kraken platform.