Bitcoin Collapses $2K+ After False Alarm Sends Traders Panicking
Within a single hour on Wednesday afternoon, the price of Bitcoin fell by more than $2,000.
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
The indictments filed in New York and California alleged that the two Russian nationals both hacked Mt. Gox and used the illicit proceeds to launder money for other criminals.
Within a single hour on Wednesday afternoon, the price of Bitcoin fell by more than $2,000.
Recently, several dormant Bitcoin addresses seem to be have awaken from their slumber.
Deadline for Mt. Gox creditors to file their repayment claims has been moved from March 10th to April 6th.
The deadline for Mt. Gox creditor repayments has been pushed back to Sept. 30, 2023, following the latest court decision.
Mt. Gox's trustee would soon distribute 150,000 BTC to the exchange's creditors, a move that could possibly halt BTC's recent gains.
Even prior to any funds having been returned, the recent hack suggests a level of maturation which was inconceivable just a few years ago.