Mt. Gox Users Prepare to Get Back $2.6 Billion of Bitcoin | Crypto Briefing

Key Takeaways

  • The distribution deadline for the cryptocurrency holdings associated with the Mt. Gox case is slated for Dec. 15.
  • The “rehabilitation plan” involves allocating almost 140,000 Bitcoin to users who lost funds during the exchange’s bankruptcy.
  • Valued at $2.6 billion today, markets could potentially turn bearish if a wave of recipients opt to sell their Bitcoin.

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