Mt. Gox Payouts Nearing, But May be the Market Ready for this?
Nearing Payouts

Mt. Gox Payouts Nearing, But May be the Market Ready for this?

Source: iStock/Ja’CrispyFollowing recent news that creditors after the infamous collapse of the bitcoin (BTC) exchange Mt. Gox can finally look forward to some payouts, questions reemerged about whether the market can absorb potential selling from such a large distribution of coins.According to a translated version of a letter from the Japanese lawyer and trustee for…

Mt. Gox Bitcoin Payouts On Horizon After Lenders Approve Program
Bitcoin Payouts

Mt. Gox Bitcoin Payouts On Horizon After Lenders Approve Program

The former CEO of the now-defunct exchange Mt. Gox, Mark Karpeles. Source: a video screenshot, Youtube, CANAL+ The light finally appears to be at the end of the tunnel for the Mt. Gox creditors, who have approved a plan that will let them choose to receive some of the coins they have been waiting years for.In…