Nearly a decade since its infamous collapse, bankrupt crypto exchange Mt. Gox has reportedly started compensating creditors — albeit with some glitches.

Several users have confirmed receiving fiat payments equivalent to assets lost on Mt. Gox, with funds distributed via bank transfer or PayPal. However, no instances of crypto repayments have surfaced yet, suggesting restrictions to creditors opting for cash redemption.

But multiple beneficiaries have also alleged receiving double payouts, indicating mistakes even on day one of a complex reimbursement process.

As one notable industry commentator put it: "These are the first cash payments in 10 years and on day one the trustee has *** [messed up] and made incorrect payments."

Operational risks still persist even as Mt. Gox inches toward closing one of crypto's most damaging episodes. Over 24,000 users stand to recoup some share of 850,000 BTC lost in Mt. Gox's 2011 hack and subsequent 2014 implosion.