After 10 years of bankruptcy, cryptocurrency exchange Mt Gox has finally started paying back creditors. Mt Gox distributed Bitcoin (BTC) and Bitcoin Cash (BCH) payments on July 5 via the designated crypto exchanges in the payment plan. đ
Payments will continue if certain conditions are met, such as confirmation of the validity of the registered account and discussions with the designated crypto exchange. Mt Gox plans to complete payments by October 31.
However, there are concerns that selling pressure from Mt Gox payments will trigger a major BTC correction. However, blockchain experts believe that the movement of BTC Mt Gox is nothing to worry about and will not suppress cryptocurrency sales.
What do you think about this? Do you think BTC will fall further? Share your opinion in the comments column!#MtGox#Bitcoin #CryptoNews
