Public tons. The now dissolved cryptocurrency exchange Gox has commenced debt repayment, sending Bitcoin (BTC) and Bitcoin Cash (BCH) according to information provided by the company:
On May 5, 2024, the trustee began distributing Bitcoin Cash to selected rehabilitation creditors through specified cryptocurrency exchanges as per the rehabilitation plan.
Other creditors will receive their payments “immediately” upon meeting several conditions.
These conditions include verifying account validity and obtaining creditors’ consent to participate in the agency agreement to receive payments through certain cryptocurrency exchanges.
Read more:
After transferring 54,000 billion USD worth of BTC, Mt.Gox caused Bitcoin prices to drop below $2.7.
Furthermore, to ensure the security and reliability of repayments, the trustee and exchanges are discussing repayment procedures.
