Doesn’t seem to be having a positive effect on the price so far, I thought it would as people start to buy crypto again with the payouts. Maybe we need to give it time. At least it’s a good thing that there will be no mass sell event as the creditors are getting fiat equivalents back, not their original crypto.
the people who received their money back might hesitate before putting their money back in crypto, after all, they just got their money recently after waiting for so long.
I wouldn't expect the market to pump from this even though, but still can't deny the potential that the money might flow back to crypto at some point once there's massive payouts.
Perhaps they should have taken Bitget's deposit deal in this article instead
if i remember correctly money was distributed through various parties for different jurisdictions, basically things aren't happening all at once thus the lack of positive impact toward bitcoin but eventually people will get their money back I guess.