Mt. Gox Trustee May Sell Off Some Crypto Assets, Says Draft Repayment Plan

Mt. Gox Trustee May Sell Off Some Crypto Assets, Says Draft Repayment Plan

Gate Trade News Wednesday, March 25, 2020 14 0

The trustee of the now-defunct bitcoin exchange Mt. Gox intends to liquidate cryptocurrencies other than bitcoin and bitcoin cash, according to a draft rehabilitation plan.

 

The plan marks a significant step toward concluding a case that has kept creditors waiting since 2014, when Mt. Gox collapsed after a 850,000 bitcoin hack.