Lenders will begin receiving bitcoins as early as May 2024, but on the condition that they follow the fiat debt repayment schedule that was in effect in March. In April, the platform team clarified the data on payments to its clients. Mt.Gox is going to give away what it promised before October 31, 2024, not only bitcoins, but also 143,000 BCH and 69 billion yen.
“Related to Mt. Gox coins will become a significant negative factor for the price in the coming weeks, and may scare the market,” analysts at K33 Research worry.
In itself, the distribution of cryptocurrency among creditors will not necessarily cause a negative impact, since recipients can hold assets on their balance sheets and not rush to sell, experts from K33 Research reassure. However, the threat of a decline in the value of the first cryptocurrency will remain in the next few weeks.
Earlier, members of the community of creditors of the bankrupt Mt.Gox reported on the pages of the blogging platform Reddit about the receipt of the first payments on the debts of the cryptocurrency platform to their accounts.
Source: Bits
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