New FUD from Mt. Gox ^^^
11. Mt. Gox to Release $9 Billion Worth of #Bitcoin to Early Buyers in July 2024 😮
ℹ️ Timeline:
1. **February 7, 2014:** Mt. Gox stopped all Bitcoin withdrawals, citing "technical issues."
- **FUD:** This caused a sharp drop in Bitcoin prices and market anxiety.
2. **February 28, 2014:** Mt. Gox filed for bankruptcy, claiming the loss of 850,000 Bitcoins.
- **FUD:** This led to another Bitcoin price crash and increased distrust in exchanges.
3. **April 22, 2015:** Bankruptcy court hearings continued, with no compensations paid.
- **FUD:** Uncertainty about payouts kept the market tense.
4. **June 22, 2018:** The Tokyo District Court shifted Mt. Gox from bankruptcy to civil rehabilitation.
- **FUD:** Though initially positive, uncertainty over payout timelines persisted.
5. **October 5, 2018:** The court set October 22, 2018, as the deadline for creditors to file claims.
- **FUD:** The claims process sparked new market speculations.
6. **March 15, 2019:** The deadline to submit the rehabilitation plan was extended to April 26, 2019.
- **FUD:** Slow progress fueled investor doubts.
7. **April 26, 2019:** The rehabilitation plan was submitted to the court.
- **FUD:** Waiting for plan approval created market tension.
8. **March 31, 2020:** The court extended the claims submission deadline to July 1, 2020.
- **FUD:** Ongoing delays negatively impacted trust in the process.
9. **October 20, 2021:** The Tokyo District Court approved the rehabilitation plan.
- **FUD:** Anticipation of payouts caused market fluctuations.
10. **January 6, 2023:** The court finalized the payout plan, with distributions expected to begin in 2023.
- **FUD:** Announcements of payouts and potential delays continued to affect the market.
#btc #Bitcoin #TopCoinsJune2024 #Megadrop #altcoins