Does Mt. Gox still exist?

 Mt Gox is undoubtedly one of the most controversial topics in the cryptocurrency industry. All in all, it's no wonder - as a result of the attack on this exchange, thousands of people lost all their life savings, and the stolen Bitcoins are worth millions today. Rumors of his supposed reactivation are even more confusing.

Nobuaki Kobayashi - Administrator of Mount Gox

Mr. Kobayashi is a Japanese lawyer who is currently representing a bankrupt stock exchange. In the document he published on October 15, we can read a mention of the creation of a special "rehabilitation plan".

"The trustee is currently in the process of formulating a rehabilitation plan, but due to some problems with this plan, it is necessary to extend the period during which such a plan can be submitted."

It is difficult to say at this stage if this is just another delay in the whole process and compensation payments, or if there are really plans to reactivate the exchange. Unfortunately, most people have so far not compensated in any way for the losses they have suffered. And there's a lot to make up for, as around 850,000 BTC was stolen as a result of the latest burglary. They would now be worth nearly $10 billion.