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The deadline for the Mt. Gox repayments ends on October 31, 2026, Japan Time. In practice that means the cut-off has already passed on Friday, October 30, 2026, at 16:00 Central European Time. Anyone holding an approved claim against the former bitcoin exchange has to have their paperwork and their payout account in order by then. If you simply own Bitcoin and want to know whether selling pressure is heading your way: the 2024 precedent argues against it, and that can be evidenced.
The date is the largest crypto deadline of this autumn, and in German not a single text so far ties it to a concrete action. German-language coverage last touched the subject in early June 2026, when a wallet movement ran through the news. This guide closes that gap. It tells you what the deadline is in legal terms, what rehabilitation creditors have to have completed by then, how much BTC still sits in the estate of the proceedings, and what the date means for every other bitcoin holder. You will not find a price forecast here, because the process does not carry one.
When the Mt. Gox repayment deadline ends and why October 30 is the date that counts
The official page of the proceedings puts it in these words: “The Rehabilitation Trustee has changed the deadline of the Base Repayment, the Early Lump-Sum Repayment, and the Intermediate Repayment from October 31, 2025 (Japan Time) to October 31, 2026 (Japan Time), respectively.” The decisive part sits in the brackets. Japan Time, JST for short, runs nine hours ahead of universal time. October 31, 2026 therefore ends in Tokyo at 15:00 UTC, and because European summer time expires on October 25, 2026, that is 16:00 Central European Time on Friday, October 30, 2026.
That conversion appears in none of the German reports we found, and it is the one point where a reader can lose a full day to nothing but time-zone carelessness. Anyone still planning to get something done on Saturday, October 31, is working against a deadline that expired the day before. If you keep an eye on dates like this one, our overview of the verified crypto deadlines and key dates this autumn helps, and this date was missing from it until now.
What the deadline means legally: Base Repayment, Early Lump-Sum Repayment, Intermediate Repayment
Mt. Gox has not operated as a crypto exchange since 2014. It runs as a Japanese civil rehabilitation proceeding. Three terms turn up in every notice from the process, and they are not synonyms.
- Base Repayment: the first, pro-rata payout to all approved rehabilitation creditors.
- Early Lump-Sum Repayment: an advance flat payment for creditors with smaller claims, who in return waive later top-up payments.
- Intermediate Repayment: further part payments out of the remaining estate, before the proceeding is settled for good.
- Rehabilitation creditor: anyone who filed their claim on time and had it approved. New claims have not been admissible for years.
The extended deadline covers all three payment types together. What is meant is the date by which the trustee is supposed to have completed those payments, not a date on which money automatically moves at the end. That distinction carries the rest of this article.
Who Nobuaki Kobayashi is and what the trustee actually decides
The proceeding is run by the court-appointed Rehabilitation Trustee, Nobuaki Kobayashi. He administers the holdings, checks creditors’ documents and settles the payouts through mandated crypto platforms. He gave his reasoning for the latest extension in the announcement itself: many creditors had not completed the necessary procedural steps, others had run into problems along the way. The trade publication The Block reported on this on October 27, 2025 and put the number of creditors served by that point at around 19,500.
One point matters for context: an extension of the deadline is not a decision the trustee takes on his own. The competent court in Tokyo has to approve it. That is precisely why such announcements come at short notice, and precisely why the timing of an extension is hard to predict.
What Mt. Gox creditors have to have completed by the deadline
If you are affected yourself, everything hangs on three points you can check in the creditor portal of the proceeding. Work through them in this order, because each later step depends on the one before it.
- Access and identity. Check whether you can still log in to the claim filing system and whether the data on file is correct. An outdated address or a dead email address is the most common reason why notices never arrive.
- Payout account. The payments run through mandated exchanges and through banking channels. The account you have registered there has to be in the same name as your claim, it has to have passed the platform’s verification, and it has to be able to accept the currency the payout is made in.
- Consent to the settlement route. A payout through a crypto exchange requires a separate declaration in which you agree to the settlement through that platform. Without it, your claim sits in the proceeding approved but unpaid.
What you can no longer do: file a new claim. The filing deadline expired years ago. Anyone learning today for the first time about an old balance has no route into the proceeding any more, and any offer promising them such a route should make them suspicious. Why, is set out further below.
Regulated Crypto Exchanges Compared
Which crypto exchanges handle the payouts and how long they take
The payout runs through mandated platforms and not directly from the trustee to individual wallets. In the payout wave that began in July 2024, those were Kraken, Bitstamp, BitGo, SBI VC Trade and Bitbank. The processing windows reported at the time, counted from the arrival of the coins at the respective platform, were far apart: up to 90 days at Kraken, up to 60 days at Bitstamp, around 20 days at BitGo, and roughly 14 days at SBI VC Trade and Bitbank. Those figures come from the 2024 reporting and are no commitment for 2026, but they do show the order of magnitude.
For the deadline that carries a very practical consequence. If up to three months can pass between the trustee sending the coins and the credit reaching you, then October 30 is not a date you should be working towards. It is the date by which the trustee is supposed to be finished. Your own preparations belong weeks ahead of it.
Anyone whose balance sits on a trading platform anyway can use the occasion for a sober stocktake. Which providers in Europe are supervised and what safeguards they offer is broken down in our comparison of regulated crypto exchanges. Mt. Gox is the reason that question gets asked at all.
How many bitcoin Mt. Gox still holds: the balances
When the exchange collapsed in 2014, around 850,000 BTC had disappeared, of which roughly 200,000 later resurfaced. What is left in the proceeding today can only be estimated through the attribution of wallet addresses, and that work is done by analytics firms, not by the trustee. The provider Arkham tracks the Mt. Gox wallets as an entity of their own. The verifiable values diverge, which is why a range stands here instead of one smoothed number:
- 34,689 BTC according to Arkham data, as of October 2025, reported by The Block.
- around 34,500 BTC according to Arkham data, as of June 2026, consistent across several trade publications.
- 10,422 BTC as the size of a single wallet movement on June 2, 2026, worth roughly 739 million dollars at the time.
- 142,000 BTC and BCH as the size of the large payout wave from July 2024 onwards, for comparison.
Honesty requires the limits of these figures: we did not measure the current on-chain balance ourselves for this article, because the candidate addresses could not be attributed beyond doubt. The bitcoin transactions and holdings named here are therefore third-party measurements with a date attached, not our own survey. Anyone working with them should keep the range in mind rather than picking out the sharpest number.
A wallet movement, incidentally, is not a sale. Behind it there may be an internal reshuffle, preparation for distribution, or simply a change of custody technology. When the 10,422 BTC were moved in June 2026, the report ran through the crypto news without ever turning into a sale on the market. How quickly a price narrative grows out of such reports is shown by our look back at the day the bitcoin price slid below 70,000 dollars.
Selling pressure from Mt. Gox: what was actually measurable in 2024
The most searched question around this date is not about the proceeding at all, but about the price: do the payouts push the bitcoin price down? It can be answered without any forecast, because there is a precedent.
The large payout wave began in July 2024. Around 142,000 bitcoin and bitcoin cash went to creditors, with roughly 48,641 BTC transferred to Kraken alone. Market expectations were unambiguous: anyone getting their coins back after ten years sells. In the week the payouts started, the price did indeed fall sharply. Two weeks later, Blocktrainer summarised the measurement on July 24, 2024: trading volume at Kraken had not risen noticeably in the context of the repayments, according to CryptoQuant chief executive Ki Young Ju. What rose instead were the outflows from the exchange. Recipients moved their coins into self-custody.
That is an observation with a date and at it hold up: the feared wave of selling did not materialise in 2024, and the remaining amount today is many times smaller than it was then. Anyone building a price statement for October out of that goes beyond what the data supports
Why a fourth extension of the repayment deadline remains possible
October 31, 2026 is not the first end date of this proceeding. It is the fourth. Originally the accounts were meant to be settled by October 31, 2023, then it was pushed to 2024, then to 2025, and most recently to 2026. The latest postponement was announced on October 27, 2025, four days before the deadline then in force ran out.
No forecast follows from that, but a rule of caution for your own planning does. A text claiming that payouts will be made on October 31, 2026 and that this is the end of it stands a palpable chance of being proven wrong at the end of October. The more careful phrasing is the correct one: the proceeding is supposed to be completed by that date, and looking at the history, another extension cannot be ruled out. For you as a creditor that changes nothing about the preparation. For you as an observer it means that a date in this proceeding is not a deadline in the usual sense.
Hardware Wallets Compared: Hold Your Own Coins
Phishing in the name of the trustee: the warning on the official site
Two separate warnings currently sit on the front page of the proceeding, and both are recent enough to be taken seriously. One concerns fake websites and emails posing as Mt. Gox or as the trustee. The other concerns a specific site that used the Mt. Gox name and logo without permission in order to collect creditors’ data. In the notice, the trustee states unmistakably that those affected should not leave personal information on such sites and should not reply to such messages.
Three checks follow from that, each costing a second before any click and each making the difference:
- Open the claim filing system only through the address you saved yourself, never through a link in an email.
- Distrust every message that creates urgency, demands a fee for the payout, or asks for your seed, your password or remote access to your machine. The proceeding does not ask for anything of the kind.
- An offer to file your supposedly lost claim retroactively is not an offer. The filing period is closed.
- Compare the sender address of a notice character by character against the official domain. One swapped digit or one extra hyphen is enough for a forged message.
If you would rather not leave your balance sitting on the trading platform after a payout, the options and their trade-offs are in our hardware wallet comparison. This is exactly the route measurably many recipients took in 2024.
How a Mt. Gox payout is treated for tax purposes in Germany
Caution matters more here than a quick answer. Private crypto gains in Germany fall under the private disposal transaction of section 23 of the Income Tax Act, with the familiar holding period of one year. The contested point in an insolvency payout is a preliminary question: are you getting back the same assets you held in 2014, so that the original acquisition continues to run, or is there a new acquisition in the year of the payout? That determines when your holding period starts, and the answer decides the tax amount.
Honesty requires this: there is no settled answer here that fits every case, and this article is no substitute for tax advice. What you can do yourself is secure the evidence. Record when your claim was approved, when the credit arrived, in what amount and at what daily rate. Tools that document exactly this kind of event cleanly are set side by side in our comparison of crypto tax tools and portfolio trackers. Classifying the individual case then belongs in the hands of a tax adviser with crypto experience.
What the date means for bitcoin holders without a claim of their own
The vast majority of readers hold no claim in the proceeding. For them October 30 is interesting all the same, because a news pattern reliably forms around dates like this one: a wallet movement is reported, an expectation grows out of it, and a headline about selling pressure grows out of the expectation. What you can hold against it is a sense of the orders of magnitude. A balance of a good 34,000 BTC is a fraction of the 2024 wave of 142,000 coins, and the big test of that thesis is already behind us.
Soberly put: the proceeding returns coins to people who waited ten years for them. What those people do with them was observable in 2024, and the observation pointed to holding and self-custody. The process gives up nothing more than that, and everything beyond it is speculation dressed up as analysis.
Checking the Mt. Gox repayment deadline: what to take away
- Put October 30, 2026, 16:00, in your calendar, not the 31st. If you are a rehabilitation creditor, check your access, the data on file and your payout account by the beginning of October. If your payout runs through a trading platform, look first at which providers in Europe are supervised: comparison of regulated crypto exchanges.
- Document every credit on the day it arrives. Amount, date, daily rate, platform. These records decide your tax burden later, and they are hard to reconstruct after the fact. Suitable tools are in the comparison of crypto tax tools and portfolio trackers.
- Decide in advance where the coins go after the payout. Leaving them on the platform or moving them into self-custody is a decision better taken before the credit arrives than after it: hardware wallet comparison.
The official notices of the proceeding are published by the Rehabilitation Trustee at mtgox.com. Everything else you read about your claim, you check against that source.
(As of September 9, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)
Transparency note: This article was produced with the assistance of artificial intelligence and reviewed by our editorial team before publication. All figures and claims were checked against the primaryI
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Source: cryptoticker.io