Mt. Gox Creditors Could Dump 142,000 Bitcoin

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  • Creditors could offload a total of nearly 142,000 bitcoin into an already stressed market.
  • The rehabilitation trustee will restrict creditors in moving funds for a period.
  • Over 700,000 BTC were drained in the Mt. Gox implosion in 2014.

Victims of the implosion of bitcoin exchange Mt. Gox are now able to opt between different ways for receiving their bitcoin back: bitcoin itself, cash, or Bitcoin Cash.

Users of the now defunct exchange lost hundreds of thousands of bitcoin combined eight years ago. Now, they could get some compensation.

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