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/biz/ - Business & Finance


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56158399 No.56158399 [Reply] [Original]

JEETS REKT

>they don't want to pay out during the bottom
>they want to pay out during ATH

Mt. Gox Pushes Repayment Deadline by a Year

https://www.coindesk.com/business/2023/09/21/mt-gox-pushes-repayments-by-a-year


Mt. Gox has pushed back the deadline for its planned repayments by another 12 months, the trustees for firm said on Thursday.

The defunct crypto exchange had earlier announced plans that the deadline for its repayments would be Oct. 31, 2023, which has now been pushed to Oct. 31, 2024.

The creditors of Mt. Gox have been looking for some sort of relief for a decade. The prominent crypto exchange was hacked in 2014, which led to 850,000 bitcoin (BTC), worth nearly $23 billion based on current prices, being stolen. The exchange managed to recover around 20% of the stolen tokens after the hack.

The Mt. Gox repayment could have some impact on bitcoin prices, due to the sheer size of the tokens being released, but would not destablize bitcoin, UBS had said in a report earlier this year.

>> No.56158421
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56158421

>> No.56158467

>>56158399
Journal entry made

>> No.56158525

>>56158399
It ll never get paid out, this shit is going for 10years or what.... you kids like the xrp and link schizos, tumor meeks isnt it?

>> No.56158538

>>56158525
Lmao this, multiple options
- they are forced to hold from daddy government in case BTC will be used by foreign countries as national reserve. Just so that the USA can crash their economy.
- the trust is living and eating good for being a trust, why kill it
- the trust is hoping that the bitcoin prices rises so high they can retire on the funds they aren't able to give back.

>> No.56158607

I'm waiting for my 12 BTC, I will fucking get it eventually and I will be rich

I feel like a nasty ass linky but at least I KNOW what I'll get