Mt. Gox’s Looming $9B Bitcoin Payout May Weigh on BTC Costs, Analysts Warns

by Jeremy

Crypto agency K33 Analysis mentioned in a Tuesday report that Mt. Gox, a crypto trade that imploded because of a hack in 2014, is gearing towards distributing 142,000 bitcoin (BTC) value roughly $9.5 billion and 143,000 bitcoin money (BCH) value $73 million to collectors, posing a considerable overhang on digital asset costs.

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