In the bitcoin world, even insolvency is just a bull run away from being reversed.
The infamous bitcoin exchange Mt. Gox, which declared bankruptcy in 2014 while owing creditors 45 billion yen ($414 million), has a stash of bitcoins held by its trustee that—at least for the moment—are valuable enough to pay off its creditors and then some, thanks to the cryptocurrency’s record-setting price surge this year. Bitcoin set a historic
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
they might have the funds to pay back, but will they?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit