On May 31st, according to Bloomberg, as the failed trading platform Mentougou Mt. Gox is about to return about $9 billion of bitcoin after filing for bankruptcy a decade ago, cryptocurrency investors are increasingly worried that this will depress prices. Maybe they shouldn't be so worried.
Several large creditors said they did not expect the fiduciary to distribute tokens to everyone at the same time, but to do so in batches. For example, they said claims filed earlier could be compensated more quickly.
Bloomberg: Mentougou Mt. Gox's large creditors have no concerns about the upcoming bitcoin distribution
2024-05-31 12:40:09
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