Huge negative news!? Mentougou will start transferring Bitcoin to customers in July

A piece of news in the past two days explains the reason to a certain extent: According to the latest email released by Mentougou, they will start paying Bitcoin to customers in July.

Two months ago, I wrote a long article introducing the ins and outs of the Mentougou incident (click to view the original text). Interested friends can find it and take a look. In short, Mentougou currently has about 140,000 Bitcoins waiting to be dumped.

These Bitcoins are currently supervised by Kobayashi Shinaki, a lawyer at the Nagashima Ohno Tsunematsu Office in Japan, the trustee of the Mentougou bankruptcy liquidation. In July, these Bitcoins will be transferred to the creditors who suffered losses that year.

After that, it is up to each creditor to decide whether to sell or hold these Bitcoins.

Such news will indeed have a certain impact on market sentiment, but how big is its actual impact? Will it end the Bitcoin bull market?

The conclusion is that there is absolutely no possibility.

To learn more about the logic of cryptocurrency investment, please click on the avatar to visit my homepage! 🌟

First of all, there are rumors that Mentougou will pay customers in US dollars, and the compensation will be based on the price of Bitcoin 10 years ago. This is of course optimistic, but it does not conform to the actual situation.

Friends who have read my previous articles on the Mentougou incident know that when Mentougou CEO Fat Fa was imprisoned, he handed over 200,000 bitcoins that were claimed to be stolen. These bitcoins have been supervised by lawyer Kobayashi Shinming until now. They are the bitcoins of customers. These bitcoins are now worth more than 10 billion US dollars, while 10 years ago, these bitcoins were less than 100 million.

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