From my misplaced translation and a little searching all the way - "insolvency administrator" sells BTC + Bcash (private keys to the addresses they managed to restore). A total of about 213,000 BTCs were found, during December-present sold about 36,000 BTC (so it still has over 80%).
If I understand correctly, sold out after about a thousand BTC in batches (per day up to 8tis BTC), these are the crashes that were now to be recorded. So some TAs that all of you chasing (attention) could not predict and the bubble is not done. ;)
It seems that the sales batch should now be over, because the settlement report sent to the court. He then decides what to do next. Thus, theoretically, we are waiting for a moment of sale, because the administrator did what he had to do, and now he will wait for further evictions with the court / creditor.
Anyway - and here, my translation with reservation - would probably have been "receivable" collected (45,997,197,427 JPY) with the fact that there is still some outstanding (below 15,000,000,000 JPY) and if it is like in Czech insolvency proceedings, definitely is not going to hurry now, and we could find some point of support. Sometimes they mention that lenders do not see money in 10 years.
The question then remains what will be the rest? If it is at the same pace as it is now, it is time to escape and scurry / ripple what it will go. If, on the other hand, you are selling for a year (or never), it will be strongly bullish. What do you think? I bet that we will go up, see below.
Finally,
- registered creditors (which the insolvency trustee has agreed) will receive the BTC in the course. worth $ 400 in cash.
- Japan is not a banana republic - the rest will certainly not leave for itself
- The next meeting is September 26 - we can expect to sell again, we just do not know if only a fraction of what was now, or similar figures.
I'm sure I have a lot of mistakes and inaccuracies here - I'll be glad to share your knowledge / opinions, I will continually try to adjust the inconsistencies in the article.
See message here:
https://www.mtgox.com/img/pdf/20180307_report.pdf
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