The repayments started July last year with a deadline of October 2025.
140,000 bitcoins were recovered from the collapse of Mt. Gox in 2014.
The customers are getting paid back in bitcoin.
That is probably a significant source of the current selling pressure on bitcoin.
For many who suffered losses in 2014 probably see the price reaching over 100K
as a good time to exit. And they have been waiting a long time to get their funds back.
Blockfi, FTX, Celsius are also paying back customers in both crypto and cash.
Payments being made over time to avoid disrupting the market too much.
This could be a good buy the dip opportunity.
Mt. Gox Repayments