Mt. Gox, the cryptocurrency exchange that filed for bankruptcy, has declared that it will be providing 140,000 BTC to those who fell victim to the hack. This distribution is set to begin in July and has already had a notable effect on the market. There are worries that recipients may choose to sell their payments, potentially causing an influx of Bitcoin into the market and leading to an oversupply. These concerns have been amplified by the rise in sales from miners and the outflows from ETFs. Stay updated on the most recent financial and business news by visiting COINTURK FINANCE.
