BeInCrypto –

A Mt. Gox rehabilitation proposal that deals with reimbursement to affected investors will conclude voting on Friday, Oct 8. A minimum of over 50% is required for the proposal to pass.

A notice on the Mt. Gox website shows that rehabilitation voting to return capital to investors will end on Oct. 8. The claimants are voting on whether the reimbursement terms will suffice, following losses that began with hacks that lasted until 2014. In order to pass, a majority of over 50% will have to vote in favor of the terms.

The rehabilitation plan was first released on May 31, 2021, after the Tokyo District Court first issued the draft in February 2021. Whether it passes or not, the vote will put an end to a long-standing court case that sent shockwaves through the market. The refund may amount to a total of 150,000 bitcoins.

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