Is Mt. GOx Whale Dead?: Hot Bitcoin Trading and Price News 2018

Good news is that the next court proceeding for the Mount GOx bankruptcy won’t happen until September 18th, 2018. Here will not have the authorization to dump the remaining 160,000 bitcoins. He has on the open market this twitter handle goes on to continue. Nobu key has sold enough bitcoin to cover the creditor’s losses over the mount cox insolvency civil rehabilitation. May see remaining 160,000 bitcoins distributed to the creditors themselves. Then he gives the link to the court document which is here. It goes to all the legal ramifications of what’s going on with their court case.

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There are good news as well as bad news as this is still a very grey zone the trustee no bouquet Kobayashi continues to state. He can sell off BTC at his own discretion legally claiming to follow the bankruptcy law verbatim. Now guys, do you see there are two ends there’s a double-edged sword here he still could do it. But they’re leaning in the direction of not doing it so that to us is good. There also is this site here this script which is outlining all of the Mount GOx known wallet addresses. They each have about 2,000 bitcoins in each address now this site shows the status of what’s going on with these coins. The Mount GOx wallets there was significant market movement within the exchanges driving the price of Bitcoin down.