Mt. Gox Trustee Finalizes $2.4 Billion Bitcoin Repayment by October 31, 2025, Using Staggered Release to Protect Market Stability
The trustee for the defunct Mt. Gox exchange, Nobuaki Kobayashi, is set to finalize the phased repayment of 34,689 BTC to creditors by October 31, 2025. This significant event carries a potential market impact of up to $2.4 billion in selling pressure. To prevent a sudden price crash and stabilize liquidity, the repayment will be … Read more