Mt. Gox to begin $9 billion repayment plan in July
Submitted by Anonymous (not verified) on Mon, 06/24/2024 - 14:40Mt. Gox's rehabilitation trustee has announced plans to begin Bitcoin and Bitcoin Cash repayments to creditors in July.
Mt. Gox's rehabilitation trustee has announced plans to begin Bitcoin and Bitcoin Cash repayments to creditors in July.
The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack.
The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack.
Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure.
Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure.
According to Arkham Intelligence, Mt. Gox has moved 12,240 BTC to a new wallet. The exchange plans to repay creditors before October 31.
Investors should brace for waves of fear, uncertainty and doubt – or FUD – over the next few months, a K33 Research analyst said.
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