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Mt. Gox Payouts Nearing, But Is the Market Ready for It?
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cryptonews.comFollowing recent news that creditors after the infamous collapse of the bitcoin (BTC) exchange Mt. Gox can finally look forward to some payouts, questions reemerged about whether the market can absorb potential selling from such a large distribution of coins.
According to a translated version of a letter from the Japanese lawyer and trustee for the now-bankrupt exchange, Nobuaki Kobayashi, “approximately 99%” of creditors voted in favor of a proposal on how the distributions should occur. The
Read more on cryptonews.comAbout this in other media
Decentralized exchanges aren’t ready for derivatives cointelegraph.com /2 years ago
Bitcoin heads for worst week in months as Mt Gox payouts loom economictimes.indiatimes.com /2 years ago
Uncertainty looms over Bitcoin as Mt. Gox prepares for final payout moneycontrol.com /2 years ago
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