Onramp CEO Michael Tanguma believes the allegations involving Coinbase expose gaps in Bitcoin corporate governance: Bitcoin adoption by businesses will stall as long as companies cannot explain who controls the funds, who approves transfers, and whether the funds are still there.
Mt. Gox has extended its repayment deadline to October 31, 2027, with the Tokyo District Court approving a one-year extension, while some creditors are still waiting for repayment. Arkham Intelligence data shows that, as of October 20, 2026, wallets associated with Mt. Gox held approximately 34,400 BTC, worth approximately $2.8 billion; the trustee’s announcement did not confirm the amount of bitcoin available for distribution.