Post
Topic
Board Economics
Re: MtGox liquidation.. How will selling 200,000[btc] affect the price?
by
bryant.coleman
on 24/04/2014, 17:33:10 UTC
^^^ This is what we got fro the Mt Gox website:

Quote
The bankruptcy trustee will implement the bankruptcy proceedings, in which the assets of the bankrupt entity will be managed and converted into cash, the investigation of the claims, etc. will be conducted, and if funds for a distribution are secured, the liquidating distribution will be made.


They are just saying that assets of the bankrupt entity will be managed and converted into cash. There is no clause saying that the coins could not be later sold through the exchanges.