New Development in Mt.Gox Payments Threatening Bitcoin! The Two Biggest Creditors Have Made Their Decisions!

bitcoin The bankruptcy process of Japanese crypto exchange Mt.Gox, which is closely followed by its investors, has been going on for a long time.

In this process, there was no end to speculation about whether the Bitcoins to be distributed to the victims would be effective on the market.

According to Bloomberg’s report Mt. Gox the two largest creditors among the victims of the payments instead of fiat currency. bitcoin asked for it to be done. This situation BTCs It somewhat alleviated some of the dump concerns from distribution, as it gave a sense of what they wanted to keep.

Paying the creditors BTC They have to notify the bankruptcy committee by March 10 whether they want it in denominations or fiat currency. If the payment is requested in fiat currency, the payment will be made by selling BTC in the amount of the receivable.

Until September of this year for those who prefer to receive payments in Bitcoin BTCs will be given.

What is the Mt. Gox Incident?

hackers in 2014 850 thousand Bitcoinsdemanding bankruptcy upon stealing Japanese Cryptocurrency Exchange Mt.GoxAfter announcing its bankruptcy, many investors could not pay.

As a result of the lawsuits that lasted for about 8 years, 200,000 bitcoin It was found to be a forgotten wallet.

The liquidation commission appointed by the Tokyo District Court decided to distribute 137,000 BTC from Mt.Gox’s forgotten wallet to creditors who lost all their assets on the exchange.

With the finalization of the payment plan, the Japanese cryptocurrency exchange Mt. Gox’s 137,000 Bitcoin The distribution plan has reached its final stage.

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