Recently, a self-proclaimed creditor of the Mt. Gox collapse posted on social media, sharing a screenshot of their email interface showing a notification from Mt. Gox. The email stated that the BTC, which had been locked due to the collapse of the Mt. Gox exchange ten years ago, has been returned to the creditor. He/she said, “Mt. Gox #mtgox, helped me lock up $bitcoin for 10 years, received a claim today”
Previously, the defunct Mt. Gox exchange had announced plans to return over 140,000 BTC and BCH, which had been frozen due to the exchange’s bankruptcy caused by theft, to creditors in July 2024. These bitcoins are currently valued at $9 billion. When the Mt. Gox exchange collapsed in 2014, the price of Bitcoin was $320, which means that the investors who were forced to freeze their assets in this matter are now reaping a return on their investment of almost 200 times.
The other side of the Mt. Gox compensation story is that BTC holders, fearing that after a large amount of BTC came back into circulation, these Mt. Gox creditors would be in a hurry to sell, causing the price of the coin to fall, sold before they heard the news of the Mt. Gox compensation story, which led to the steep fall in the price of the coin we saw in June and July of this year. This is a real-life version of The Boy Who Cried Wolf.
Now, as you miners can see, the hardest time has passed, the price is back to a reasonable position, and the upward trend is better. Seeing that the bull market is about to come, miners who want to layout can contact BITMARS. We have ANTMINER S21 XP HYD with a hashrate of up to 473TH/S, we have ANTMINER AL1 with a daily profit of up to $840, we have a wide range of KS ASICs that have been making the most moolah this year, in short, we have a large number of mining machines of various brands, models and prices, they can mine BTC, DOGE, LTC, KAS, KDA and so on, so hurry up and contact us to get the most suitable solution for you and the best offer!
Finally, BITMARS would like to remind everyone that all investments carry risks, so decisions should be made cautiously.
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