2023-03-09 12:36:08
[Hot News with Welups] #welups #Mt.Gox #BTC
How much Bitcoin will MT.Gox pay on March 10?
"slow-explosion bomb" Mt. Gox has actually been activated when the first coins will be paid to some creditors on 10/03/2023. So how many BTC will be “unlocked” in this batch?
The two biggest creditors of Mt. Gox choose to receive compensation in Bitcoin. They have the option to start receiving early on March 10 or continue to wait to be paid with a possibly higher value in the distant future.
And this is only the first installment, there will be more subsequent payments.
With the price of BTC at the time the floor was hacked in 2014 was from 300 - 500 USD, the fact that Mt. Gox refunding investors have long been seen as a “slow bomb” for the crypto market, as the current value of BTC is already dozens of times what it was then.
The creditor will most likely not hold the coin after receiving it because the process of their legal fight with the exchange has also been up to 9 long years.
How this event will affect the market, let's discuss with Welups below
detail:
https://outsidetheblock.com/mt-gox-thanh-toan-bao-nhieu-bitcoin-cho-chu-no-10-03.html
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Read more:
The story of the collapse of the bitcoin exchange Mt. Gox
https://outsidetheblock.com/cau-chuyen-ve-su-sup-do-cua-mtgox.html
The crypto industry's 'liquidity crisis' spreads to Silvergate Bank
https://outsidetheblock.com/silvergate-doi-tuong-tiep-theo-trong-cuoc-khung-hoang-thanh-khoan-crypto.html
Why are countries ramping up CBDC development in early 2023?
https://outsidetheblock.com/tai-sao-cac-quoc-gia-tang-cuong-phat-trien-cbdc.html
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102 viewsJules PN, edited 09:36