OH MY GOX!!!! Mt Gox Kills Crypto! (again) | The Crypt #0025
What hte fuk!
https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/
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It's very funny that crypto is double goxxed. The even funnier thing is that the trustee supposedly asked kraken for advice on how best to sell their bitcoin without killing the market and then deliberately did the thing they told him not to do. It's not unlikely there was some sort of shady market collusion going on, where he told his associates to short crypto at 10000x leverage while he dropped fat stacks on the market.
Got a source? Sounds epic AF.
That's a post from the kraken CEO. The market collusion theory is pure speculation, but considering Korean politicians have recently been caught performing insider trading it's not unlikely a Japanese attorney could be guilty of something similar. (meant to be posted with the link but d.tube wouldn't let me)
https://www.reddit.com/r/mtgoxinsolvency/comments/82ykgu/re_the_dumpening/
That's a lot of bitcoin cash!
More like Bitcoin Crash!!!!! xD