The payments have been delayed again. Making it a decade long wait for those waiting to get back any percentage they can of their original deposits.
The delay until 2024 could prove most beneficial for the overall market as most likely we will be in a bull market by then, with plenty of volume to absorb the sell pressure.
-Heidi
https://www.coindesk.com/business/2023/09/21/mt-gox-pushes-repayments-by-a-year/
Infamously Hacked Crypto Exchange Mt. Gox Delays Repayment Deadline by a Year
The prominent crypto exchange was hacked in 2014, which led to 850,000 bitcoin (BTC) – now worth almost $23 billion – being drained.
Coindesk
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk; you should always do your own research before making any investment decisions.