One of the Mt. Gox creditors, Eric Wall, refuted the information that 140,000 Bitcoins will soon be distributed.
According to him, the payout system has not yet been developed, and not even a list of exchanges where impacted investors can choose to get their rewards is complete. There are currently no set final dates.
More details have been provided by the creditor. He said that payments for BTC and BCH will be made in installments and that some creditors had already sold their claims to Fortress.
The day prior, speculations circulated that Mt. Gox will begin compensating customers for Bitcoin today, August 28. The circumstance scared many, who saw the rumor as the Bitcoin market’s “black swan.”
The market has suffered greatly as a result of the Fed’s hawkish remarks at the Jackson Hole symposium, and the panic added to the pressure on Bitcoin and the rest of the market. At the time, the cost of BTC is $20,000.
Based on the July news concerning the exchange’s settlement payments, those in charge of the Mt. Gox bogus news most likely chose to go out in front of the game.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Annie
CoinCu News
Patrick McHenry, the influential chairman of the U.S. House of Representatives Financial Services Committee, accused…
Binance founder Changpeng Zhao was sentenced to four months in prison for money laundering violations.
According to Bloomberg, April is reportedly the worst month for Bitcoin since FTX's fall, declining…
According to CoinDesk, Binance founder CZ sentenced to four months in prison for violating anti-money…
Roger Ver arrested in Spain for tax evasion. Accused of causing a $48 million loss…
Crypto market liquidation reaches over $300M in the last 24 hours. Ethereum and Bitcoin saw…
This website uses cookies.