Seen as the biggest hack ever in the cryptocurrency market, Mt. Gox crypto exchange hacking is coming to an end. In this big event, where the attackers could not be detected, 850,000 Bitcoins were stolen.
This amount, which was 460 million dollars at that time, corresponds to 56 billion dollars as of now.
Bitcoin Payments Approved
Mt. Gox appointed as trustee Nobuaki Kobayashi On the other hand, after a certain period of time, the exchange announced that there were 150,000 BTC in other wallets of the exchange and emphasized that it would be given to the victims.
The plan was recently officially approved.
Negotiations, which started in June 2018, ended recently, and after the Tokyo District Court gave its approval in December 2020, all eyes were on the head of the trustee board.
Mt. Gox stressed that the plan was accepted in a statement made by officials and his trustee on Wednesday. The total value of the BTCs that will be distributed to the victims is very close to 10 billion dollars, and there are concerns that this may actually put a selling pressure on the market.
The exact timing of the distribution has yet to be determined, but approval of the rehabilitation plan indicates that payments will begin soon.
It is possible for such news to have a negative impact these days, when the leading crypto currency broke the record of all time.