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Mt. Gox Bitcoin hack refund date and details: Is BTC price pullback related?
Since the defunct Japanese cryptocurrency exchange platform, Mt. Gox, said it would start paying out nearly $3bn worth of bitcoin (BTC) to its clients affected in a 2011 hack, some traders have been anxious about the potential impact of the BTC refund on the crypto king's price. Many investors fear that Mt. Gox's clients, who will reunite with their stolen coins after many years, will be tempted to sell them for whopping profits, and thus further increase selling pressure. Could BTC's recent pullback, which saw some $4,000 wiped from the main cryptocurrency's value in a week, have its roots in the Mt. Gox clients' ... (full story)
