New progress in Mt.Gox compensation: BTC and BCH repayments completed on August 21, creditors usher in a new round of compensation
Mt.Gox officially released the latest announcement, announcing that on August 21, 2024, according to the compensation plan, a new round of repayments will be made to some creditors in the form of BTC and Bitcoin Cash (BCH) through designated cryptocurrency exchanges. This is another major progress after multiple repayments in July, marking the further advancement of the Mt.Gox liquidation process. So far, more than 19,000 creditors have received partial compensation.
This compensation is not only a long-awaited return for creditors, but also a boost to market confidence. As the compensation process continues to advance, the market may see more BTC and BCH inflows, which may have a volatile impact on the currency price in the short term. However, in the long run, this series of repayment measures may help the market gradually digest historical burdens and usher in new stable growth. With the gradual implementation of the Mt.Gox compensation plan, the market is at a critical turning point. Keep up with the latest trends and make precise operations, and you may become the winner in this round of market adjustments. Follow Lao Lin, grasp the market pulse, seize opportunities, and achieve steady returns!
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