Bitcoin Selling by Mt. Gox Creditors Could Dent BTC’s Recovery in the Markets – Report

Bitcoin Selling by Mt. Gox Creditors Could Dent BTC’s Recovery in the Markets – Report


Ethereum World News
2022-07-10 12:57:46

Summary: Creditors of Mt. Gox could soon get repaid in Bitcoin for their 2014 losses when the exchange was hacked. Mt. Gox’s bankruptcy trustee currently holds 141,686 Bitcoin. The distribution and potential selling of the Bitcoin by creditors could slow BTC’s recovery in the crypto markets. Creditors of the non-functioning crypto exchange Mt. Gox could soon receive repayments on their Bitcoin held by the platform’s trustee since the 2014 hacking incident. According to a report by Bloomberg, Mt. Gox’s Japanese […]