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RE: Could the Mt. Gox related BTC selling be mostly over?

in #bitcoin6 years ago

This would be very welcome news and I hope it's true. Bitcoin has been getting slammed, so if this trustee stops dumping the coins onto the market in a disorderly way that would really help. This person doesn't seem to know how to properly unwind a large position. It would be great if he has raised the money he needs in the immediate term to satisfy creditors and can sell of the remaining assets in an orderly way that does not disrupt the market and damage the value of his assets. He has a fiduciary duty to maximize the value of the assets in his care, and dumping them on the market is not the proper way to fulfill that duty.

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