Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Bloomberg: Mt. Gox's major creditors have no concerns about upcoming Bitcoin distribution

CointimeCointime2024/05/31 12:56
By:Cointime

According to Bloomberg, as the bankrupt exchange platform Mt. Gox in Mento District is about to return about 9 billion US dollars worth of Bitcoin after applying for bankruptcy for ten years, cryptocurrency investors are increasingly worried that this will suppress prices. Perhaps they shouldn't be so worried. Several large creditors said they did not expect the trustee to distribute tokens to everyone at the same time, but in batches. For example, they said that earlier claims may be compensated faster.

0

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.

PoolX: Stake to earn
APR up to 10%. Always on, always earning.
Stake now!