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What does collapsed bitcoin firm Mt Gox mean?

Collapsed bitcoin firm Mt. Gox is about to unload $9 billion of coins onto the market. Here's what it means Collapsed bitcoin firm Mt. Gox is about to unload $9 billion of coins onto the market. Here's what it means

Will MtGox dump bitcoin?

Following its struggle around the $60,000-line, Bitcoin has gradually recovered to $63,000. However, fears around the multibillion-dollar dump from MtGox starting this week loom around the world's largest cryptocurrency. Bybit/flickr.com

When will bitcoin be distributed to creditors?

distributions to the firm's roughly 20,000 creditors would begin in early July. Disbursements will be in a mix of bitcoin and bitcoin cash, an early offshoot of the original cryptocurrency. of the year.

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