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Mt. Gox to Return $9 Billion in BTC to Creditors in Near Future, May Put Pressure on Bitcoin Price

Mt. Gox to Return $9 Billion in BTC to Creditors in Near Future, May Put Pressure on Bitcoin Price

Bitget2024/04/23 18:23
BTC0.00%BCH-1.06%

Mt. Gox is set to distribute 142,000 BTC worth about $9.5 billion and 143,000 BCH worth about $73 million to creditors, which could put pressure on the crypto market. Gox was one of the cryptocurrency exchanges that collapsed due to a hack in 2014.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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