[ad_1]
Warning: This article has been updated to correct an error in the title, amounting to $ 318 million, not $ 318 billion.
The attorney for the procedure for the rehabilitation of the late Gox Cryptocurrency Exchange reportedly sold large amounts of Bitcoin (BTC) and Bitcoin Cash (BCH) on the BitPoint trading platform. Cointelegraph Japan reported on developments on February 5, citing data leaked.
An unidentified party reportedly drew information from the court proceedings involving Mt. Gox at the Tokyo District Court and showed him to Mt. Creditor campaign group Gox GoxDox.com.
The information, which appears to be incomplete badysis of transactions at BitPoint, confirms that Mt. Gox's trustee, Nobuaki Kobayashi, sold coins on a major exchange to repay his creditors.
"Unless BitPoint is really generous, we bet the reason they are depositing billions of JPY into the trustee's bank account is that they were hired to sell MtGox Estate's BTC / BCH," writes GoxDox.
The process of clearing users who lost funds in the mount. The giant hacking of Gox in 2014 has been long and controversial.
At the end of 2017 and the first half of 2018, it appears that imminent sales in Kobayashi are manipulating the price of Bitcoin due to their size.
In discussing the phenomenon of what is called "Dumpening", well-known personalities of cryptocurrency have indicated that Kobayashi or an badociate may have openly sought to use traditional sales channels from the very beginning.
Jesse Powell, CEO of the American Kraken Stock Exchange, had previously stated that his platform had received a request for large-scale selling methods, which GoxDox is now referring to. However, Powell noted that Kraken's suggestions to sell coins in an auction or over-the-counter broker had not been followed.
The disclosed documents represent just under 35 billion yen ($ 318.5 million).
Last week, new revelations about the compensation process showed that a mount. CoinLab, Gox's creditor, had claimed $ 16 billion in funds.
[ad_2]
Source link
