MtGox clients will receive their BTC from two weeks to three months. And this despite the fact that we are not talking about 2-3 or even 20-30 clients. That is, there was no talk of simultaneous entry into the market of large volumes of BTC, and there is still no talk.
But FUD does its job and the price is lowered on this occasion. At least not as absurd as in August 2023.
Based on the announcement of payments from Mt.Gox, after the first creditors have received their payments in accordance with the Recovery Plan, payments to the remaining creditors will be made subject to the fulfillment of all conditions:
- Confirmation of the validity of registered accounts and other issues.
- Agreements of creditors to participate in this process.
- Completion of discussions between the trustee and the specified crypto exchanges regarding payments.
- Confirmation that payments can be made safely and securely.
Payment terms on different exchanges:
-#Kraken- up to 90 days;
-#Bitstamp- up to 60 days;
-#BitGo- up to 20 days;
- SBI VC Trade and#Bitbank- up to 14 days.
User VoiceOnFate on Twitter said that today he received about 13% of his assets stuck in Mt․Gox to his account on the Japanese Bitbank exchange:
“It is not yet clear what percentage of the original assets will ultimately be returned, because... The exchange website does not load due to high traffic. But the payout amount is likely calculated from the value of the assets in 2017 ($481 per BTC)."
