The trustee of Mt.Gox has announced plans to refund BTC and Bitcoin Cash amounts that will begin in July this year.
According to the latest information, Exchange Mt. Gox declared plans to refund the amount Bitcoin and Bitcoin Cash was stolen to the victim, this refund will begin in July this year.
JUST IN: MT. Gox says they’ll start $BTCand Bitcoin Cash repayments in July. pic.twitter.com/L13CssEolV
— Watcher.Guru (@WatcherGuru) June 24, 2024
The trustee of Mt.Gox issued the following official statement:
Announcement on the start of Bitcoin and Bitcoin Cash refunds:
The Trust Board is preparing to make Bitcoin and Bitcoin Cash repayments within the scope of the Recovery Plan.
Now that these preparations have been completed, the Trust Board will begin issuing refunds in Bitcoin and Bitcoin Cash on cryptocurrency exchanges that have completed the exchange and approved the clearances. information needed to make refunds.
Refunds will be made from early July 2024.
Previously, from March 2011 to January 2014, Japanese exchange Mt.Gox encountered problems when More than 880,000 BTC on this exchange have been lost or stolen in many different ways.
At that time, this amount of stolen Bitcoin could destroy the Bitcoin market still young when it was only 5 years old. However, we still overcame it and have grown strongly to this day.
At the present time, the above amount of Bitcoin has an incredibly close value 55 billion USD at the moment when BTC is trading at about 62,454 USD.
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