Mt.Gox Nightmare: Will 140K Bitcoin Be Distributed Tomorrow?


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  • 1 year ago
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Eight years after the biggest cryptocurrency heists ever, investors are on the verge of getting some of their tokens back. However, when that will happen is still unclear. According to a claim in various news sources today, Mt. Gox will start the dis
Eight years after the biggest cryptocurrency heists ever, investors are on the verge of getting some of their tokens back. However, when that will happen is still unclear. According to a claim in various news sources today, Mt. Gox will start the distribution of 140,000 Bitcoins tomorrow. There is, however, the sign that this is no more than a mere claim. Mt. Gox distributes Bitcoins (BTC)? Once a dominant Bitcoin exchange, Mt. Gox lost 850,000 BTC after fraudulent withdrawals. As you know from Kriptokoin.com, this large-scale robbery caused him to file for bankruptcy in 2014. The heist led to users' efforts to reveal who had taken the digital currency. It also caused them to file a civil lawsuit to recover 200,000 Bitcoins on the exchange. According to a plan approved by creditors, the trustees managing the redistribution of assets said last month that the repayment of Bitcoins is imminent. The statement stated that payments to victims will be made in Bitcoin (BTC), Bitcoin Cash (BCH) or fiat. However, it remains unclear when the payments will be made. This has the potential to affect the market in case of rumors. Because Mt. There is a possibility that BTCs will be sold on exchanges after Gox's Bitcoin distribution. This can naturally lower the price of Bitcoin.
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