🗻 Mt. Gox trustee has sold $230 million in Bitcoin and Bitcoin Cash this year

In a recently released notice, attorney Nobuaki Kobyashi provided an update on civil rehabilitation process for now-defunct cryptoasset exchange Mt. Gox. Kobyashi, who is acting as trustee in the process, explained that $230 million worth of Bitcoin ($BTC) and Bitcoin Cash ($BCH) had been sold between March 18, 2018, and June 22, 2018, which is when the civil rehabilitation process commenced. Following the sales, the trustees account contained approximately $621 worth of assets. Any proceeds from earlier sales will be held in a separate trust for the benefit of the exchange's creditors.

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