Mt. Gox Creditors Legal Victory ! History Created
“This is the first time in Japan legal history,” noted attorney Daniel Kelman, “ that a Liquidation has ever converted into a Rehabilitation —it’s always the other way around after a rehab fails. This is also made a legal history as well.”
The Tokyo District Court ordered the commencement of civil rehabilitation proceedings, that - “enormous assets, which were to be distributed to Mt. Gox’s shareholders under the bankruptcy proceedings, will be returned to creditors.”
So it is now confirmed that Mt. Gox can not sell any bitcoin , which results in less manipulation of crypto market . This indicated that now there are some chances of stability in the market . Keep holding your horses for huge profits in the coming future .
Keep Earning !!
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Great news for MTGox investors.
This will be a really good news.
This type of steps should be taken in crypto market
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I'm happy because mt.Gox now can't sell bitcoin.
thats amazing news for crypto lover
But still I can't understand for this Market Crash. Last time it was because of MTGOX but this time this hugh dump because of what reason?
It is because of the big whales they dump the market so that they can buy in low price and can sell it in huge profits !
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now mtgox cannot manipulate the market good news for crypto lovers.
even though manipulation wont happen there will be lot of fuds to create panic