Mt. Gox Trust Double Payout Complaints on Reddit: Users asked to return extra payment

2023-12-27 17:04:29

On Reddit, some users complained that they received double payouts from the Mt. Gox Trust. Now they have been asked to send back the extra payment.

Some creditors of the failed Mt. Gox crypto exchange received settlement funds twice. According to at least one Reddit user, Mt. Gox acknowledged the mistake in an email and is demanding a refund of the second payment.

Reddit post with an email purporting to be from Mt. Gox.

Reddit user u/rlycreativename posted the text of an email he claims he received from the Mt. Gox Rehabilitation Trustee. The e-mail stated that “due to a system problem, the money intended for you was accidentally transferred twice”. He also warned that

You are not entitled to the second transfer and must return the above amount to the Rehabilitation Trustee.

In the alleged email, the asset manager asked the user to “immediately refund” the second payment.

Complaints are pouring in on Reddit

Other Reddit users have also reported duplicate payments and emails. U/lukhaz wrote: “I just received an email from Mt.Gox asking for a refund of double transferred amounts…” and posted an image purporting to be from the email. Someone joked that the double payout might have been a late Christmas present.

At least one user claimed to have returned the double payout. U/PPvotersPostingLs stated: “Reposted. We all make mistakes, don’t be too strict [az Mt. Gox vagyonkezelőjével, Nobuaki Kobayashival]”.

Others become that the fund manager doesn’t deserve to get the money back, given how hard it was for creditors to get the money. “I’ll give it back,” said Reddit user u/JALEW, but added that he would only do so if the Mt. Gox Trust completes the Know Your Customer (KYC) process with them and waits ten years.

Reddit post by u/JALEW.

In 2022, two Melbourne sisters were accidentally sent over $10 million by Crypto.com. One of the sisters was later arrested for not returning the money, according to an Australian news outlet.

A The case of Mt. Gox was one of the first crypto exchange hacks in history. More than 740,000 BTC PRICE was lost during the attack. The value of the money lost at the time was around $460 million, but the size of the loss has grown along with the price of BTC and now exceeds $31 billion. Mt. Gox filed for bankruptcy not long following, but it took nearly ten years for creditors to win their claims in court and begin payments. On December 26, creditors began receiving compensation payments via PayPal.

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