Mt. Gox top creditor goes with early payout option: Report By Cointelegraph
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The top Mt. Gox creditor chose to have an early payout in (BTC), deciding against waiting longer for an even larger payment.
Mt. Gox Investment Fund, the largest creditor of the defunct crypto exchange, reportedly decided to take its chances with a lesser but earlier payout rather than waiting for all the legal processes to be resolved. This means that the creditor will be paid by September this year instead of potentially waiting another nine years before getting their funds back.
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The top Mt. Gox creditor chose to have an early payout in (BTC), deciding against waiting longer for an even larger payment.
Mt. Gox Investment Fund, the largest creditor of the defunct crypto exchange, reportedly decided to take its chances with a lesser but earlier payout rather than waiting for all the legal processes to be resolved. This means that the creditor will be paid by September this year instead of potentially waiting another nine years before getting their funds back.
Continue Reading on Coin Telegraph
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