At present, Mentougou has recovered 140,000 BTC (about 9 billion US dollars), and the potential selling pressure has caused a certain degree of panic in the market. On June 24, the Mentougou trustee announced that it would start the repayment of BTC and BCH in July this year, involving crypto assets worth up to 9 billion US dollars. Affected by this, the crypto market staged a "diving" market, and Bitcoin once fell below the 60,000 US dollar mark.

It is reported that Mentougou has a total of 127,000 creditors (Japanese users account for less than 1%), and it needs to repay 142,000 BTC (currently worth about 8.58 billion US dollars) and 143,000 BCH (worth about 53.311 million US dollars) to creditors.

However, the impact of Mentougou's selling may be exaggerated, and it is not a one-time compensation for all assets. Its repayment plan includes basic repayment and proportional repayment. The basic repayment part allows the first 200,000 yen claimed by each creditor to be paid in yen, and the proportional repayment provides creditors with two flexible options, namely "early lump-sum repayment" or "mid-term repayment and final repayment". Among them, the early lump-sum repayment method can only allow creditors to obtain partial compensation. The part exceeding 200,000 yen allows creditors to choose a mixture of BTC, BCH and yen or pay the full amount in legal currency. Mentougou has set the deadline for basic repayment, early lump-sum repayment and mid-term repayment as October 31, 2024, but if creditors want to obtain a higher proportion of compensation, they may have to wait five to nine years. At the end of 2023, many Mt.Gox creditors stated that they had received the first compensation denominated in yen. The upcoming compensation plan is the first time that Mt.Gox has repaid in the form of BTC and BCH. #门头沟事件