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- 07:59Mt.Gox postpones repayment deadline by another year to October 2026Jinse Finance reported that the bankrupt cryptocurrency exchange Mt.Gox has postponed its repayment deadline by another year to October 2026. On Monday, Mt.Gox’s rehabilitation trustee announced that the basic repayments, early lump-sum repayments, and intermediate repayments for creditors who have “basically completed” all the required procedures have been “basically completed.” However, the announcement stated that many creditors have still not received repayments due to failure to complete the necessary procedures or issues encountered during the process. “In order to make repayments to such rehabilitation creditors within a reasonably feasible scope, the rehabilitation trustee, with court approval, has changed the repayment deadline from October 31, 2025, to October 31, 2026.” This latest announcement marks the third postponement of the repayment deadline for the defunct exchange, which was originally set for October 31, 2023.
- 07:29Trader James Wynn, who previously opened $1.23 billion worth of bitcoin long positions, now only holds a $110,000 short position.According to Jinse Finance, on-chain analyst Ember (@EmberCN) monitored that James Wynn (@JamesWynnReal), a perpetual trader who previously opened a $1.23 billion bitcoin long position at the end of May, received a rebate income of 1,854 USDC 25 minutes ago. He then opened a short position of 0.95 bitcoin at a price of $116,026, worth about $111,000. According to the monitoring, after James Wynn lost $108 million in June (including $87 million in profits and $21.77 million in principal), he is currently mainly using rebate income for small trades.
- 07:29Trump Says He Will Not Run as Vice Presidential Candidate in the 2028 ElectionJinse Finance reported that US President Trump has ruled out the possibility of running as a vice presidential candidate in the 2028 election. Some of his supporters have urged him to find a legal way to bypass the constitutional restriction that limits presidents to two terms. "That's so cute," Trump told reporters on Air Force One on Monday, stating that he has ruled out this possibility.