Traders: How to Benefit from Mt. Gox Repayment Event Through Trading?
Both assets are being distributed to creditors of the defunct Mt. Gox cryptocurrency exchange. Here’s how some traders are doing it.
JinseFinanceBoth assets are being distributed to creditors of the defunct Mt. Gox cryptocurrency exchange. Here’s how some traders are doing it.
JinseFinanceMt. Gox is set to repay nearly $9 billion starting in July, which may not depress the price of bitcoin, but could spell trouble for bitcoin cash.
JinseFinanceThese long-awaited reimbursements will be financed through the sale of Mt. Gox's remaining assets, including 142,000 BTC, 143,000 BCH, and 69 billion yen (about $625 million)
DavinIt is worth noting that funds have not moved from the now-defunct Mt.Gox exchange’s cold wallets since 2018.
cryptopotatoThe Mt. Gox Bitcoin exchange rehabilitation system has released a new function that allows creditors to select a repayment method and register payee information.
OthersCreditors have until September 15 to make or transfer a claim.
CoindeskThe Mt Gox case had finally reached a settlement agreement back in 2021, and the BTC owed to creditors is ...
BitcoinistThe company says it’s planning to continue operations throughout the restructuring process, though withdrawals will continue to be paused at this time.
Cointelegraph