So the creditors finally got an email about getting their bitcoins since the 2014 bankruptcy. This is around $3 billion dollars.
Everyone is watching their wallet and many will start to front run the dumping when it’s actually redistributed.
What does everyone think will happen? Dump? Pump? Sideways?
It’s also funny how ETH merge is around the same time. Late August. Should be a busy month.
We’ve gotten many emails over the last near decade about mtgox. This one didn’t specify anything that made me feel like a payout would take place next month, but we’ll see. I’ll believe it when I’ve got BTC in my wallet. Until then, it’s just another notification that they’re working on it. The amount of funds they’ve been paid to do something as simple as distribute what BTC they have left is a bit shocking to me. I see no reason they’ll do anything quickly, but do think this is the most interesting thing in Bitcoin at the moment.