According to trustee documents, Mt Gox creditors could have to wait up to three months to receive their Bitcoin or Bitcoin Cash payments, depending on which cryptocurrency exchange they used to claim the money.
Custodian of a closed cryptocurrency exchange announce Today it is there Started paying off Some of the cryptocurrency exchanges designated under the recovery plan.
The custodian previously detailed that the timeline for payments to appear in the creditor’s account can vary depending on the exchange. Kraken has 90 days to process payments, while Bitstamp can take up to 60 days. BitGo will see payments appear within 20 days. SBI VC Trade and Bitbank both expect payments to be completed within 14 days.
“Designated cryptocurrency exchanges, etc. must add the number of cryptocurrency exchanges. Bitcoin
+1.62%
/
BCC
+2.77%
“Within a certain number of days from the date the Rehabilitation Trustee transfers the BTC/BCH to the Rehabilitation Creditor Account balance (or to a wallet linked to the account),” the Trustee stated in the document.
The custodian said in a statement today that repayments to eligible creditors will be “immediate” upon meeting certain conditions, including verification of the registered account, acceptance of the contract by a designated cryptocurrency exchange, and completion of discussions with the custodian.
Earlier today, Mt Gox 47,228.7 BTC moved According to Arkham’s data, after depositing (approximately $2.71 billion) into the wallet, the assets were later transferred in several transactions, including 1,545 BTC ($85 million) that was sent to a hot wallet on cryptocurrency exchange Bitbank.
The price of Bitcoin fell below $54,000 at one point today, and the largest cryptocurrency is currently Trading at $54,270It has fallen 6.48% in the last 24 hours. The broader cryptocurrency market Daily liquidation amount: $665 million On a centralized exchange.
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