Will Mt. Gox Release The 140K BTC On January 2023? Repayment Methods Revealed

The Mt. Gox hack was a watershed moment for bitcoin. And the future repayment to the affected people will surely be another one. Since we’re in a bear market, most people worry about what effect will those 140K BTC will have on the price. Will the Mt. Gox class prove to be holders or will they sell it all as soon as they get it? That’s a question for another day, since the Mt. Gox class has until January 10th, 2023, to complete registration and select their preferred payment method.

The last time we reported on the issue, attorney-at-law Nobuaki Kobayashi was appointed as the Rehabilitation Trustee and the repayment procedures were expected to begin on September 15th. NewsBTC also informed that “the Mt. Gox bitcoin repayments will happen over a period of time, putting only a portion into circulation at a time. This will see that there is a much lesser impact from the BTC coming into the market and wouldn’t tank the price of BTC.”

This time, we’ll learn about the repayment method