ALERT! MT GOX WILL START PAYING COMPENSATION IN JULY

Mt Gox will finally start paying compensation to its customers starting in July 2024. After all this time, there is finally clarity regarding this compensation payment.

The payment of compensation from a Bitcoin exchange from Japan which was hacked in 2013 is something that has been eagerly awaited. The reason is that this compensation payment can allegedly provide considerable selling pressure to the market.

Mt Gox plans to pay compensation of 142k BTC, 143k BCH, and also ¥69 billion (equivalent to US$510 million).

Through an official announcement on Monday (24/6), Mt Gox announced that the compensation that will be carried out starting in early July is compensation in the form of BTC and BCH first. There is no further information regarding compensation in fiat.

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