👉Mt Gox Trustee Denies $400 Million Sale Caused Bitcoin Price Slump || Bitcoin 🌎
The trustee overseeing the bankruptcy of the defunct Mt. The fox cryptocurrency exchange has denied being the reason for the decline in bitcoin costs since Dec 2017.
In a Q&A report to creditors free on Mar. 17, Nobuaki Kobayashi mentioned the recent sale of some $400 million-worth of bitcoin and bitcoin money happiness to the Mt. Fox bankruptcy estate.
"Following consultation with cryptocurrency consultants, I oversubscribed BTC and BCC, not by a standard sale through the BTC/BCC exchange, however, during a manner that will avoid touching the value, whereas making certain the safety of the group action to the [greatest] extent potential," Kobayashi aforesaid, exploitation the alternate ticker image BCC for bitcoin money, that is a lot of ordinarily assigned the image BCH.
However, Kobayashi evaded revealing precise details of however the funds were oversubscribed.
The comments come back as a rebuttal to recent speculation linking the sale to the losses seen in each bitcoin and therefore the wider cryptocurrency market.
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