Mt. Gox refund process may create less selling pressure than initially thought. 📉 Founded in 2010 and hacked in 2014, Mt. Gox was the largest crypto exchange with a loss of 850,000 Bitcoins. 20% of stolen funds were recovered. Now, it plans to distribute 142,000 Bitcoin ($9.6 billion) and 143,000 Bitcoin Cash ($66 million) post-bankruptcy.
This refund could stabilize the Bitcoin market.
