Mt. Gox Bitcoin Payouts Could Eventually Destroy The Markets

Mt. Gox Bitcoin Payouts Could Eventually Destroy The Markets
фото показано с : cryptodaily.co.uk

2018-9-17 13:30

Mt. Gox, a former leader in the crypto markets and now, the enemy of many. After a hack which saw around 800,000 BTC stolen, the Mt. Gox story has gone from bad to worse, with the exchange now liable for making compensation payments to some of the victims who lost assets during the hack.

It’s quite a complicated situation, but the premise of it is that Mt. Gox have a lot of money to pay out, and many now fear that the payout will have a very adverse impact on the markets given that overall, the estimated cost of the payout comes to around $1 billion.

Continue reading Mt. Gox Bitcoin Payouts Could Eventually Destroy The Markets at Crypto Daily™.

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