150,000 Mt. Gox Bitcoin won't trigger a correction anytime soon

Cointelegraph

Published Oct 05, 2020 06:54AM ET

Updated Oct 05, 2020 08:40AM ET

There is growing speculation that 150,000 Bitcoin (BTC) from the Mt. Gox trustee could move on Oct. 15. But many factors suggest that is highly unlikely given past records.

Between 2011 and 2013, Mt. Gox lost 850,000 BTC in the biggest hacking attack in Bitcoin history. The trustee reportedly has 150,000 BTC to repay users who lost their funds from the breach.

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