Clients of the defunct crypto exchange Mt. Gox must submit claims for trapped funds by Oct. 22.
In June, petitioners asking for their bitcoin back won a major victory, as the Japanese bankruptcy court overseeing the proceedings shifted the case to one of civil rehabilitation, meaning creditors could file for their cryptocurrency holdings, rather than a fiat equivalent based on cryptocurrency prices in 2014.
Bitcoin was worth less than $600 at the time the exchange declared bankruptcy, but subsequently soared to around $20,000 in December 2017 and is around $6,500 at press time, according to CoinDesk data.
While creditors can file for bitcoin claims, they cannot yet claim proceeds from any of the bitcoin forks that occurred since the funds were first frozen in 2014.
According to the statement outlining the civil rehabilitation process:
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