🚀🎉 Mt. Gox is set to start repaying creditors in BTC and BCH from July 2024! After a long wait and careful prep, repayments are finally on the horizon.

• Mt. Gox, once a top crypto exchange, went bust after a massive hack in 2014.

• Now, they're ready to start paying back, with repayments made via trading platforms.

• Some creditors even opted for a lump sum payout in BTC rather than fiat.

But hold on, there's a twist! 🔄 Some are worried this could put selling pressure on Bitcoin markets.

• Large BTC movements linked to Mt. Gox were spotted in May.

• Bitcoin miners have also been offloading BTC, adding to the pressure.

Despite the concerns, let's stay positive! 🌈 What do you think this will mean for the market? Share your thoughts below! #MtGox #Bitcoin #CryptoNews