Trustee Mt. Gox sold BTC and BCH for $ 318 million via BitPoint

Trustee of the bankrupt Mt. Gox Nobuaki Kobayashi sold large amounts of BTC and BCH for a total of about 35 billion yen ($ 318 million) through the BitPoint trading platform. This writes the Cointelegraph, citing data from the group GoxDox.com, representing the interests of creditors.

They were able to obtain documents related to the bankruptcy proceedings of the company in the Tokyo District Court. They contain information about the possible connection of large BitPoint transactions with the board of trustees of Mt. Gox.

There is also an opinion that the sale of such a large amount could trigger a fall in the price of the main cryptocurrency in 2018.

By the way, earlier Kobayashi was repeatedly criticized for the sale of large amounts in BTC and other cryptocurrency. The head of Kraken cryptobirth, Jesse Powell, even advised him to implement cryptoactive assets through auctions or an OTC platform in order not to affect market prices.

However, the manager is Mt. Gox did not follow his advice, as reported by GoxDox.com, but simply hired a third-party expert to sell BTC and BCH.

By the way, last week one of the lenders of Mt. Gox, the company CoinLab, filed a lawsuit against the bankrupt crypto-exchange for $ 16 billion (1.7 trillion yen). Some considered these claims to be exaggerated, and the company itself was suspected of wanting to slow down the payment of compensations to creditors.

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