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RE: Crypto: The Opportunity Of Your Life / Mount Gox: A Tale Of Two Crashes / Binance Becomes A Hero (Today's Video)

in #crypto-news7 years ago

Few corrections. MtGox crash was more like $1200-200. The Trustees have only sold about 35k BTC and BCH, and are now sitting on about 90% of what they would need to pay out the claims that were made, for the amount they worked out at the time in fiat(~$400M of ~$450M). This means they still have ~165k coins left, not to mention BTG, BTCP and other forks which have yet to be touched.
And yeah, Binance did extremely well. Some people still lost out though.