On April 25, the Mt. Gox civil rehabilitation trustee Nobuaki Kobayashi published a new announcement concerning the deadline for the rehabilitation plan. According to the letter sent to Mt. Gox creditors, Kobayashi has delayed the proceedings for another six months due to “undetermined” claims. Following the announcement, bitcoin security specialists Wizsec published a scathing critique of the Coinlab claim for US$16 billion and alleged that it was “the elephant in the room causing this delay.”

Also read: Mt. Gox Restitution Process Frozen Due to One Man’s $16B Claim

Mt. Gox Civil Rehabilitation Proceedings Delayed Another 6 Months

The Mt. Gox proceedings have been delayed once again according to the court trustee’s latest letter to creditors, which says claimants now have to wait until Oct. 28, 2019. Nobuaki Kobayashi detailed that it is “not possible at this moment to make appropriate provisions in a rehabilitation plan.” Moreover, Kobayashi also mentioned the court still has to deal with…

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Source: https://news.bitcoin.com/wizsec-security-blames-coinlab-after-mt-gox-trustee-delays-proceedings/