Mt. Gox trustee files draft rehabilitation plan
Mt. Gox rehabilitation trustee Nobuaki Kobayashi filed a draft rehabilitation plan with the Tokyo District Court, advancing the long-running creditor process.
The December 15 filing did not distribute coins to creditors. It submitted a draft plan for court and examiner review, after years of bankruptcy and civil-rehabilitation proceedings following Mt. Gox's 2014 collapse.
Mt. Gox still mattered to Bitcoin history in 2020 because creditor claims involved large quantities of BTC and BCH whose eventual treatment could affect victims, legal precedent and market expectations. The filing was therefore a procedural milestone, not the resolution of the case.
Later creditor distributions would occur under a substantially longer process. The 2020 event belongs at the draft-plan stage and should not be written as though repayment was imminent or complete.