Mt. Gox Update By U.Today
From Investing.com:
A 200,000 Bitcoin dump may be on the horizon as Mt. Gox starts an email verification process for users. Creditors have received compensation in Japanese yen, with repayments set to continue into 2024. Estimates range from 142,000 to 200,000 BTC to be released within the next 60 days, sparking concern in the crypto community. Mt. Gox also holds 143,000 BCH, adding to speculation about potential market impacts. With 69 billion yen under its control, the exchange’s actions are closely watched by industry analysts and enthusiasts for further details and confirmation. This unfolding scenario is a focal point for careful observation in the weeks ahead.
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