MtGox trustee says delayed claims may still be accepted

Maria Nikolova

Whether proofs of rehabilitation claims filed after the deadline will be accepted is determined by the court.

Several months have passed since the period for filing proofs of rehabilitation claims in the civil rehabilitation proceedings for MTGOX Co., Ltd ended on October 22, 2018. Earlier this week, Nobuaki Kobayashi, the Rehabilitation Trustee of ill-fated Bitcoin exchange posted an announcement concerning the procedure for filing the claims.

He noted that if filings are delayed for reasons not attributable to creditors, proofs of rehabilitation claims filed after the deadline (i.e., October 22, 2018) may be acceptable. Whether proofs of rehabilitation claims filed after the deadline will be accepted is determined by the court.

Going forward, creditors who wish to file proofs of rehabilitation claims have to download a proof of rehabilitation claim form, fill in the necessary information thereon on their computer, and then send a printed version, on which they have to affix their seal or signature, to the Office of the Rehabilitation Trustee by post immediately.

Let’s recall that, in September last year, Nobuaki Kobayashi tried to calm down claimants over the slow procedures. Some claimants have been worried that they have sent a proof of rehabilitation claim form/a form of amendment to proof of rehabilitation claim by the Offline Method, to the Office of the Rehabilitation Trustee, but they have not received a notice of receipt yet. They wonder when they might receive a confirmation of receipt. Concerns about any disadvantage compared to other creditors due to the delay in receiving the confirmation of receipt have also been voiced.

Back then, Nobuaki Kobayashi explained that the Office of the Rehabilitation Trustee was receiving a large volume of rehabilitation claim forms, and it would take some time to process the paperwork.

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