Top Creditor of Mt Gox Crypto Exchange Opts for Bitcoin Payout
- The creditor, Mt Gox Investment Fund, selects September payout
- Opting for payment in fiat may have pressured Bitcoin price
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The largest creditor in the long-running bankruptcy process of the Mt Gox crypto exchange has opted for an early payout in Bitcoin rather than fiat currency, easing some concerns about the token’s price outlook.
Mt Gox Investment Fund has picked an early payout in September this year, according to a person familiar with the matter, who asked not to be identified as the information is private.