Mt. Gox, which was hacked in 2014 and lost over 800,000 Bitcoins, will start its repayments this week. In an announcement made last Monday, it was stated that payments would begin at the start of July.

The repayments, to be made in Bitcoin and Bitcoin Cash, are worth approximately $9 billion in fiat currency. The exchange will distribute over 140,000 Bitcoins and an equal amount of Bitcoin Cash to those who registered with the trustee board.

There are differing opinions on the potential selling pressure. Some analysts believe that the majority of users will take their profits and sell immediately, while others argue that the selling pressure will not be significant.

John Glover, an investment manager at crypto lending firm Ledn, told CNBC, "Most will likely sell their assets and enjoy the benefits of this unintended investment over the past decade."

On the other hand, Alex Thorn, head of research at crypto asset management company Galaxy Digital, has a different view. Thorn mentioned that he spoke with many creditors recently and found that the majority are not planning to sell. He shared this detail in his company's client assessment note.

Thorn also acknowledged, "Of course, some will take the money and disappear. That's a reality."

Among the creditors are notable figures like Roger Ver, known as the "Bitcoin Prophet," and Adam Back, the founder of BlockStream, who has been speculated to be Satoshi Nakamoto.


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