By Mark Hunter
3 weeks agoFri Nov 24 2023 07:29:33
Checking out Time: 2 minutes
- Money payments for MtGox financial institutions are set up to begin by the end of 2023, almost 10 years after the exchange collapsed
- Lenders were offered choices of crypto, money, or a mix payment, with crypto payments anticipated next year
- The news accompanies the launch of the very first book on MtGox, “Ultimate Catastrophe” by Mark Hunter
Payments for MtGox lenders will begin by the end of 2023, however those waiting for crypto payments are out of luck; just the money payments will be processed. Financial institutions were provided the alternative of getting payments of cryptocurrency, money, or a mix of the 2, and the very first tranche of money payments are set to be made by the end of the year. Crypto payments need to still be upcoming next year, 10 years after the exchange fell under personal bankruptcy. The news incorporate the with launch of the very first book to cover the MtGox episode, Ultimate Catastrophe– How MtGox Lost Half a Billion Dollars and Nearly Killed Bitcoin
