Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
Ivor Biggun
on 07/03/2018, 19:14:54 UTC
The Trustee has sold 35,841 BTC and 34,008 BCH, claims he did it to "secure a certain amount of money for distribution".
http://www.mtgox.com/img/pdf/20180307_report.pdf

Not bad securing the funds for the "as promised" reparations; regardless, I wonder what happened to the other dozen of forks... (BTG, BTX, BTD... here's a list: https://bitcoinforks.io/)
Granted, some of them are scams, and / or low volume, or even peanuts now... but I would want my share if they don't mind, just in case BTC goes to 100K.  Cool

IMO pretty poor performance by the Trustee. He sold BTC at an average of ~10 k$, while median price between December and February is about 13 k$.


The cryptsy trustee also dumped the coins for a shit price. He's set a precedent for all future trustees to just dump them all and halve the market value.