Should Bitcoin Investors Be Afraid of Mt.Gox Payments?

Who shot over $30,000 during the day yesterday bitcoin to the U.S. government and Mt. GoxAfter erroneous statements that there was activity in the wallets of .

As work continues on the start of Mt.Gox refunds cryptocurrency service provider Matrixport In a report released today, Mt.Gox said that the impact of refunds on Bitcoin price and markets will be limited.

According to the news of Coindesk, Matrixport analysts, who stated that not all of the Bitcoins stolen in the Mt. BTC He stated that the effect of the payments will be limited.

Markus Thielen, head of research at Matrixport The report included the following statements:

“As all of the BTC stolen in the Mt.Gox incident cannot be recovered, only a portion of the original amount held by the creditors will be compensated.

Therefore, we think that the impact of Mt.Gox refunds on Bitcoin price and markets will be limited.”

Finally, as part of the Mt.Gox reimbursement plan, the report $1.7 billion in cash, 141,000 Bitcoins and 142,000 BCH It was stated that it will be distributed and the deadline for refunds is 30 September.

850,000, worth $500 million at the time, as a result of the Mt. bitcoin had been stolen. Now, the value of those BTCs is approximately $ 17.8 billion.

BTC, which had a sharp decline yesterday, recovered today and continues to trade at $ 29,000 at the time of writing.

*Not investment advice.

For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!


source site-4