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Mt. Gox rehabilitation plan is now ‘final and binding’ -Breaking

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A rehabilitation plan was created to pay creditors of the defunct cryptocurrency exchange Mt. Gox now has Japanese approval.

Mt. Nobuaki Kbayashi, Gox trustee, said that the original rehabilitation plan had been approved. Filled in the Tokyo District Court in February is now “final and binding.” The confirmation order of the rehabilitation plan in Japan’s court system is one of the final steps in a long process that began with a 2018 petition to compensate creditors of the exchange that collapsed in early 2014.