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Mt. Gox Trustee Who Sold $400 Million Bitcoin Denies Affecting Market Price
According to a transcript of a Q&A session from the 10th Mt. Gox creditors’ meeting, the defunct exchange’s trustee Nobuaki Kobayashi had denied affecting the market price of Bitcoin (BTC) and Bitcoin Cash (BCH) with his high-profile and high-volume sales. In fact, Kobayashi says very little in regards to the details of his sales. However, he does indicate that he sold both cryptocurrencies through means outside of exchanges. Says the trustee: "I sold BTC and BCC from December 2017 to February 2018 with the cooperation of a cryptocurrency exchange in light of the market price at the time of the sale. Following ... (full story)
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