Bankrupt Mt. Gox’s Largest Creditor Plans to Keep Returned Bitcoin
- Crypto firm’s bankruptcy process is close to disbursing assets
- Investors on alert for any sign Bitcoin sales may follow
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The largest creditor of the failed Mt. Gox crypto exchange intends to hold rather than sell the Bitcoin that’s due to be disbursed to it this year.
The Mt Gox Investment Fund — which bought claims against the bankrupt digital-asset platform — doesn’t plan to sell the tokens that are scheduled to be returned in October, according to a person familiar with the fund’s thinking, who asked not to be identified discussing private information.