Mt. Gox Creditor Gears: Rumors Rattle Bitcoin Market

Mt. Gox Reemerges: Repayments Begin to Impact Crypto Market

Reports have emerged suggesting that the long-defunct cryptocurrency exchange Mt. Gox is finally making progress in its compensation plan for creditors. This development is having a direct impact on the cryptocurrency market today, as rumors of repayments are causing the price of Bitcoin to drop. If these reports are true, it marks a significant step forward in the civil rehabilitation plan sanctioned by the Tokyo District Court in 2018.