Okay, I know the title is a bit ominous, but the implications of the discussed payouts to claimants could be a worry the market.
Has anybody been following this? I haven’t found a clear understanding of whether creditors will receive cash or BTC, equal to what was originally invested.
I posted a while back about the trustee of Mt Gox dumping huge dollar amounts of BTC this year, which to me means they’ll be handing out cash, generated by selling BTC. On the other hand, other outlets are saying creditors will get back BTC, which they could sell immediately. Given that there’s about USD $1 bn meant to be redistributed, that would be a shock to BTC prices, right?
It makes sense to me to refund cash and not BTC. Thoughts?