Mt Gox: After 10 years of waiting Distributions of Cryptocurrency to Begin

Lee Pascoe of Norton Rose Fulbright warns that the announced distribution to creditors in the long-running bankruptcy proceedings of Mt. Gox of approximately 140,000 bitcoin, valued at upward of $8 billion USD in fiat currency, has the potential to crash market prices of bitcoin and bitcoin cash and shares key takeaways for insolvency practitioners considering an in specie distribution of cryptocurrency.

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