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No, Mt.Gox doesn’t sell Bitcoin: U.Today’s Mark Karpeles
U.Today – Mark Karpeles, former CEO of the Mt.Gox exchange that collapsed in 2014, has clarified the massive BTC transactions recently detected by a Mt.Gox blockchain wallet.
A recent official announcement from the exchange also stated that no direct refunds of Bitcoin or Bitcoin to creditors have yet been made through designated cryptocurrency exchanges. The statement also states that no cryptocurrency has yet been sold to make such refunds with the proceeds. “The Rehabilitation Trustee is currently managing Bitcoin and Bitcoin Cash securely,” according to a tweet from Chinese crypto journalist Colin Wu, who cited the Mt.Gox statement.
Mark Karpeles also took to Platform In his post He stressed that “there is no imminent sale of bitcoin going on” at this time.
Today, Bitcoin responded to these large BTC transactions by Mt.Gox by plummeting nearly 4% and losing the recently regained $70,000 level. At the time of writing, BTC has seen a slight recovery and is trading at $68,467.