The #MtGox crypto exchange is set to repay users as part of its approved Rehabilitation Plan, a decade after hackers stole 850,000 $BTC, leading to its bankruptcy.
The Rehabilitation Trustee announced that claimants can choose between direct repayment in #Bitcoin and Bitcoin Cash $BCH through designated crypto exchanges or an equivalent cash amount from the sale of these assets.
Recently, wallet addresses associated with MtGox moved Bitcoin worth $9 billion to anonymous wallets, causing a decline in Bitcoin's price. Despite these movements, the Trustee clarified that no repayments have been made yet and reassured creditors that $BTC and BCH remain securely managed.
