Up to 160,000 Bitcoin and 160,000 Bitcoin Cash, worth over $1.1 billion, is set to be distributed within six months as part of the Mt. Gox bankruptcy proceedings. The collapsed exchange has now opened its rehabilitation claim filings to corporate users, as well as individual users; those seeking to recoup their funds from the infamous defunct Japanese exchange have until October 22 to file claims.
Danial Daychopan, CEO at crypto debit card Plutus, comments on how the release of such a large amount of Bitcoin may affect the market.
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https://decryptmedia.com/2018/09/17/crypto-industry-unafraid-billion/
