Quote from: justinlamode on February 16, 2025, 08:24:34 AM

It will be a huge relief to those who had their money in the exchange when the hack happened. This will also restore the confidence of people that cryptocurrency have a way of fighting for people through the authorities just like they intervened in this case. What is just not clear now is if they will pay the dollar equivalent of whatever asset one hold in that exchange or pay them in their respective cryptocurrencies and their amount. I have the feeling that they will use the first option which is similar to what Mt.Gox proposed.

Or it could be a bullish sign for Bitcoin and the whole crypto market if those people who are going to get the payout are going to re-invest it in the market.

So let's see how it goes, I think this is a good news for everyone, unlike the Mt. Gox hack wherein there are still who might have not received any payout after all this years ( might be wrong though).

I think they will be paid in US dollar, nevertheless, they can still re-invest it as I have said if they really wanted to make profit. And the reputation of crypto market might have gain so much with this move.