Effects of Mt. Gox Trustee's $400 Mln Sale on Bitcoin Market

in bitcoin •  7 years ago 

On March 7, a Tokyo District Court report revealed that a mount. Goose's Trustee in bankruptcy - Nobuki Kobayashi - has contributed a three-month downtaking to the Cryptocurrency Market.

In the last three months, Nobuki Kobayashi has sold more than $ 300 million to WikiWeek in two public places. Some critics believe that so many Vitcoins have been re-circulated in Kobayashi's sale, sales have fallen steadily in prices. SOURCE https://cointelegraph.com/news/effects-of-mt-gox-trustees-400-mln-sale-on-bitcoin-market

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