#MtGox Update: Good News for Creditors, No $BTC Bloodbath! โบ๏ธ๐
Remember all the speculation about the recent Mt Gox wallet move and its potential impact on Bitcoin? We finally have an answer, and it's a relief!
Mark Karpeles chimes in: The former CEO of Mt Gox recently clarified that the Mt Gox trustee is the one shuffling the Bitcoin around. This is not a prelude to a fire sale! ๐๐๐ค
What's the real reason? ๐ค๐
They're actually gearing up to distribute the #BTC to creditors who lost out in the infamous 2014 hack. Mt Gox has been working on repayment for a while, and this move suggests they're on track to finally compensate those affected.
What does this mean for Bitcoin? ๐
This is positive news for the whole Mt Gox situation. ๐ปMore importantly, it means the recent transfer likely won't cause a major dip in Bitcoin's price. โ ๏ธ
So, can we relax now? ๐
Absolutely! This update should be a breath of fresh air. It seems like Mt Gox is finally taking steps to make things right with its creditors.
DYOR! Stay tuned for more updates as this story unfolds! #buythedip